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Moorgate, Retford, DN22

PROPERTY TYPE

Block of Apartments

BEDROOMS

2

BATHROOMS

2

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

All
1

Key features

  • Two self-contained flats with freehold for building
  • Rental yield of just under 9%
  • Tenants in Situ
  • Freehold of the building included in the sale
  • Ground floor and first floor accommodation
  • Modern fitted kitchens
  • Double bedrooms
  • Family bathrooms
  • Convenient location close to Retford town centre

Description

Presenting a rare investment opportunity, this block of apartments comprises two self-contained flats offered with the freehold of the building, delivering a compelling rental yield of just under 9 percent. Both flats benefit from tenants in situ, providing immediate income for the new owner. The ground floor and first floor accommodations are thoughtfully arranged, each featuring a modern fitted kitchen with integrated appliances, spacious double bedrooms, and well-appointed family bathrooms. The interiors have been finished to a high standard, with contemporary fixtures and fittings creating a welcoming atmosphere throughout. The flats are designed for comfortable living, offering generous room proportions and a practical layout that appeals to both professionals and first time buyers, looking to rent. This property is ideally positioned in a convenient location close to Retford town centre, granting easy access to a wide range of local amenities, shops, restaurants, and public transport links. The inclusion of the building’s freehold within the sale presents an outstanding prospect for investors seeking long-term security and control over the management of the property. The opportunity to purchase two flats within the same building is seldom available, making this an attractive addition to any investment portfolio. With both units already let and generating strong returns, this property represents a turnkey solution for buyers looking to expand or establish their rental portfolio. The combination of quality accommodation, reliable tenants, and a sought-after location ensures ongoing demand and excellent potential for capital appreciation. Whether you are a seasoned investor or exploring your first purchase in the buy-to-let market, this block of apartments offers a straightforward and rewarding proposition. Early viewing is highly recommended to fully appreciate the scope and flexibility of this property, as well as the rare chance to acquire two self-contained flats with the freehold included. For further information or to arrange a viewing, please contact our office at your earliest convenience.
EPC Rating: D

Entrance Hallway

3.66m x 0.93m

Accessed via the communal gated courtyard entrance, the ground floor flat provides a welcoming entrance into the accommodation, with access to the principal rooms. Double glazed window.

Living Room

5.03m x 3.47m

A spacious and inviting reception room, offering ample space for both lounge furniture and dining arrangements. A versatile living area providing an ideal setting for relaxing or entertaining. Two double glazed windows. Radiator.

Kitchen

3.78m x 2.77m

A modern fitted kitchen, thoughtfully arranged with a range of contemporary units and work surfaces, providing practical storage and preparation space. Two double glazed windows. Radiator,

Bedroom One

3.95m x 3.72m

A well-proportioned double bedroom, offering comfortable accommodation with space for bedroom furnishings and additional storage. double glazed window. Radiator.

Family Bathroom

3.66m x 1.66m

Fitted with a practical bathroom suite, providing facilities for everyday use. 3 piece and radiator. Frosted double glazed window.

Entrance Hallway

Accessed via the communal gated courtyard entrance, with stairs rising to the first floor and the entrance to the flat. Double glazed window.

Living Room

4.69m x 3.76m

A generously sized reception room offering plenty of space for comfortable seating and entertaining. A welcoming living area which benefits from natural light and provides a pleasant space to relax. Two double glazed windows. Radiator.

Kitchen

4.89m x 3.03m

A modern fitted kitchen incorporating contemporary units, work surfaces and quality appliances. Well designed to provide practical storage and preparation space. Two double glazed windows Radiator.

Bedroom

3.83m x 3.52m

A spacious double bedroom offering ample room for a bed and additional bedroom furniture, providing a comfortable space to unwind. Double glazed window Radiator.

Disclaimer

Every care has been taken with the preparation of these Particulars but complete accuracy cannot be guaranteed, If there is any point, which is of particular importance to you, please obtain professional confirmation. Alternatively, we will be pleased to check the information for you. These Particulars do not constitute a contract or part of a contract. The floor plan shown in these particulars is for illustrative purposes only and should not be interpreted as a scaled drawing. Any site measurements given are subject to site survey.

Services

We wish to advise prospective purchasers that we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective purchasers to commission their own survey or service reports before finalising their offer to purchase.

Family Bathroom

2.56m x 1.68m

A stylishly presented family bathroom, fitted with a 3 piece modern suite and radiator and providing practical facilities for everyday living. Frosted double glazed window. Radiator.

Garden

Small courtyard with access to the main road and storage for bins. Stairs lead to the first floor flat.

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Private garden
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Moorgate, Retford, DN22

Approximate location
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Affordability

Monthly repayments£644
Property: £ 130,000
Deposit: £ 13,000
Interest rate: 5.22%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Renovation potential
Recently sold & under offer
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About Newton Fallowell, Retford

7 New Street, Retford, DN22 6EG
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With over 30 sales and lettings offices across the Midlands, and the local property knowledge that comes with almost 20 years of being in business; Newton Fallowell is perfectly placed to support you on your property journey.

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Disclaimer - Property reference 78ddf542-fb86-456b-814a-251e26d24df7. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Newton Fallowell, Retford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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