Summary - Moores Court, Jermyn Street, Sleaford, NG34 NG34 7UL
1 bed 1 bath Flat
Practical one-bed retirement flat with Lifetime Lease option for over-60s.
- Designed over-60s complex with communal lounge and on-site House Manager
- Lifetime Lease option from Homewise; guide price £52,000 for eligible over-60s
- Full market price £77,500; savings depend on age and share purchased
- Leasehold with 104 years remaining; verify tenure and lease terms
- Service charge and ground rent approx. £3,300pa each (very high running costs)
- High local crime rate and high flood risk for the area
- Electric storage heating; double glazing fitted, low-maintenance interior
- Sale subject to Grant of Representation (Probate) — sale not yet completed
This second-floor one-bedroom apartment in Moores Court offers a ready-made retirement setting built by McCarthy & Stone. The block includes communal lounge, landscaped gardens, laundry, guest suite, on-site parking and a 24-hour care line with a House Manager — useful for buyers seeking support and community.
The flat is well maintained with double glazing, an updated walk-in shower and electric storage heating. At about 473 sq ft the layout is traditional: entrance hall, lounge-diner, kitchen, bedroom and shower room — straightforward and low-maintenance for everyday living.
Purchase options are a key feature: the Home for Life Lifetime Lease (for over-60s only) shows a guide price of £52,000, with the full market price listed at £77,500. The Lifetime Lease can include purchase of up to 50% of the property value to protect capital; actual price depends on age and circumstances. This can suit buyers wanting to reduce upfront cost while safeguarding part of the value.
Important facts and concerns are clear: the sale is subject to probate, the area records very high crime and high flood risk, and annual service charge/ground rent are around £3,300 each (about £275 pcm each), which is high and will materially affect running costs. Heating is by electric storage heaters and tenure is leasehold with 104 years remaining — buyers should verify all lease terms and consult a solicitor before committing.
1 bedroom flat for sale in Moores Court, Jermyn Street, Sleaford, Lincolnshire, NG34 — £77,500 • 1 bed • 1 bath • 473 ft²
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