3-bedroom house · NG31 6JF
Listing removedReduced £50 (−5.6%) on 1 AugListed 101 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 2967468.
Monthly Rent: £900.00 per calendar month (£207.69 per week) Security Deposit: £1,038.46 (Equivalent to 5 weeks' rent) We are pleased to present this charming 3-bedroom Victorian terraced house in Grantham, featuring 1 family bathroom and neutral decor throughout.
Ideally suited for professionals, couples, or small families, the property is situated within easy reach of local amenities, schools, and Grantham's mainline railway station, perfect for commuters.
Key Features Three Bedrooms: Well-proportioned bedrooms offering flexible living space. One Bathroom: Main family bathroom.
Living Space: Cozy front lounge and a separate dining area leading through to the kitchen. Outdoor Area: Private rear courtyard garden, perfect for low-maintenance outdoor living.
Location: Excellent transport links, within walking distance of Grantham town centre and local parks.
Tenancy & Application Criteria To ensure a smooth referencing process, please note the following application criteria: Minimum Tenant Income: £27,000 per annum.
Guarantor Income (if required): £32,400 per annum. References: Satisfactory employer, credit, and previous landlord references will be required.
Holding Deposit A holding deposit of £207.69 (equivalent to one week's rent) is required to reserve the property once your application has been agreed for formal referencing.
Once your application has been approved, this amount will be deducted from the combined balance of the first month's rent and deposit as detailed.
Utilities & Bills Please note bills are not included at this property. All bills including gas, electric, council tax, water, and broadband are the responsibility of the tenant.
Viewing & Availability Available from: Late July / Early August 2026 (exact date to be confirmed following final renovation touches). Furnishing: Unfurnished.
Open House Viewing We are hosting an open house viewing session on Sunday 26th July from 4:30pm to 5:00pm Please note that all viewings will be conducted during this scheduled session, and we are not taking individual viewing appointments at this time.
Please contact us via OpenRent to register your interest.
Summary & Exclusions: - Rent Amount: £900.00 per month (£207.69 per week) - Deposit / Bond: £1,038.46 - 3 Bedrooms - 1 Bathrooms - Property comes unfurnished - Available to move in from 01 August 2026 - Maximum number of tenants is 2 - No Students - No Smokers - Bills not included - No Parking Available - Property has garden access - EPC Rating: C If calling, please quote reference: 2967468 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.
When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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