Summary - 53 Mill Bridge Close, RETFORD DN22 6FE
2 bed 1 bath Apartment
Compact riverside two-bed with parking — good yield potential, leasehold and flood risk to note.
Juliet balcony with river outlook over the River Idle
Allocated off-street parking space nearby
Approx. 645 sq ft; compact rooms and modest living space
Leasehold tenure — review lease length and service charges
Projected gross rental yield ~8.53% at asking price
EPC rating B and mains gas central heating
Medium flood risk due to riverside location
Located in an area with very high local crime statistics
This second-floor two-bedroom apartment on Mill Bridge Close offers low-maintenance riverside living close to Retford town centre. The open-plan kitchen/lounge with a Juliet balcony faces the River Idle and brings natural light into the main living space. One allocated off-street parking space and built-in storage add practical convenience for everyday life.
Priced with a projected gross rental yield of about 8.53% at the asking price, the flat suits first-time buyers wanting an affordable starter home or investors seeking a buy-to-let opportunity. The property is modern in presentation, double-glazed, gas‑fired central heated and carries a solid EPC B rating, reducing immediate energy upgrade costs.
There are clear limitations to note: the apartment is leasehold, the footprint is compact at approximately 645 sq ft with modest room sizes, and it sits in an area recorded as deprived with a very high local crime rate. Flooding risk is assessed as medium due to riverside position. These factors affect insurance, management costs and suitability for some buyers.
Overall this is a practical, well-presented apartment for someone prioritising location, transport links and low-maintenance living. Buyers should review lease details, insurance/flood cover implications and local safety statistics before proceeding.
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