3-bedroom bungalow · NG31 8QJ
Listing removedListed 245 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the highly sought-after village of Gonerby Hill Foot, on the outskirts of Grantham, this well-presented three-bedroom detached bungalow occupies a generous and private plot within a quiet residential cul-de-sac.
Internally, the bungalow offers well-proportioned accommodation throughout, including a welcoming entrance hall, a bright and spacious living room ideal for relaxing or entertaining, a well-appointed kitchen, and three generously sized bedrooms.
The principal bedroom benefits from an en-suite shower room, while the remaining bedrooms are served by a family bathroom.
To the rear, a delightful conservatory provides an additional reception area, enjoying pleasant views over the garden.
Externally, the property boasts an enclosed rear garden, ideal for outdoor entertaining and keen gardeners alike.
The double garage offers excellent storage or secure parking with brilliant potential to convert into living accommodation, and there is also an additional outbuilding, perfect for use as a workshop or hobby space.
Cedarwood Close is a quiet and established residential address within easy reach of local amenities, schooling, and transport links, including convenient access to the A1 and mainline rail services from Grantham to London King's Cross.
Entrance Hall Lounge 4.96m x 4.76m - 16'3" x 15'7" Conservatory 3.11m x 2.91m - 10'2" x 9'7" Kitchen 2.98m x 2.83m - 9'9" x 9'3" Bedroom 1 3.94m x 3.18m - 12'11" x 10'5" En-Suite 3.17m x 0.87m - 10'5" x 2'10" Bedroom 2 3.53m x 2.82m - 11'7" x 9'3" Bedroom 3 3.55m x 2m - 11'8" x 6'7" Outside Outside Garage 5.01m x 4.72m - 16'5" x 15'6"
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
Area
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FAQ
About Cedarwood Close, Gonerby Hill Foot, Grantham, Lincolnshire, NG31
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