2-bedroom bungalow · NG31 8JE
For saleListed 91 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well proportioned Two Bedroom Semi-Detached Bungalow, pleasantly situated within the popular residential area of Gonerby Hill Foot.
Offered for sale with NO UPWARD CHAIN, the property presents an excellent opportunity for a buyer to update and personalise to their own taste.
The spacious accommodation briefly comprises: Entrance Hall, Kitchen, Sitting / Dining Room, Two Bedrooms & Shower Room.
Outside there is ample Off-Road Parking, Detached Garage, Front Garden & Low Maintenance Rear Garden. The property benefits from uPVC double glazing and a Gas Central Heating System.
Viewing Is Highly Recommended To Appreciate The Potential Of This Bungalow!
Tenure: Freehold / Council Tax: Band B VIEWINGS By appointment only directly with the selling agents Buckley Wand or e-mail: .
If you have any questions or require further information regarding this property or any other matter please do not hesitate to contact us.
DIRECTIONS From our offices on Westgate, proceed towards Watergate/High Street, turn left at the traffic lights and continue over the next set of traffic lights onto North Parade, continue along this road to Gonerby Hill Foot.
Take a left hand turn onto Maltings Lane, follow the road where the property can be located on the right hand side and is identified by a Buckley Wand 'For Sale' board.
SITUATION Grantham is a historic and growing market town situated on the old Great North Road (A1) and East Coast main line linking the town to London (Kings Cross) in just over an hour.
Within the town there are both girls' and boys' grammar schools, also a number of primary, secondary and nursery schools.
Grantham boasts a wealth of further amenities such as health, leisure and shopping including a variety of independent boutiques and National chain shops as well as a Saturday street market.
ACCOMMODATION Photographs are taken using a wide angled lens. All dimensions are approximate and are taken from plaster to plaster.
GROUND FLOOR The property is entered via a part glazed entrance door which provides access to the: ENTRANCE HALL Coved ceiling, access to loft, radiator, tiled floor, door to airing cupboard housing hot water tank and slatted shelving, and doors to: SITTING / DINING ROOM 5.38m (17' 8") x 3.28m (10' 9") Coved ceiling, two radiators, TV point and uPVC double glazed bow window with deep display sill to the front elevation.
KITCHEN 3.50m (11' 6") x 2.67m (8' 9") Range of wall and base mounted units, roll edge work surface, stainless steel sink and drainer, space and plumbing for washing machine, further appliance space, space and point for gas cooker with filter cooker hood over, wall mounted Ideal boiler, coved ceiling, telephone point, tiled splashbacks, vinyl floor covering, radiator and uPVC double glazed window to the front elevation.
BEDROOM ONE 4.42m (14' 6") x 3.28m (10' 9") Coved ceiling, radiator, TV point and uPVC double glazed window to the rear elevation.
BEDROOM TWO 2.67m (8' 9") x 2.67m (8' 9") Coved ceiling, radiator and uPVC double glazed window to the rear elevation.
SHOWER ROOM Three piece suite comprising of low level WC, wash hand basin set on vanity surround and shower cubicle with mains fed shower, inset ceiling lights, tiled walls, tiled floor, radiator and uPVC double glazed window to the side elevation.
OUTSIDE The property is approached via a concrete driveway which provides ample off-road parking to the front of the property and leads to a pair of wrought iron hand gates which leads to further driveway down the side of the property and to the Detached Garage.
The Front Garden is laid to lawn with border of established plants and shrubs.
DETACHED GARAGE 5.67m (18' 7") x 4.65m (15' 3") Electrically operated up and over door, light and power, window to the side elevation, door to the Rear Garden and opening to the: BRICK LEAN-TO 4.74m (15' 7") x 1.49m (4' 11") Providing further storage facility.
REAR GARDEN The Rear Garden is set for low maintenance being paved patio and gravelled, the garden has perimeter timber fencing and mature hedging.
TENURE & COUNCIL TAX The property is understood to be freehold.
SKDC current Council Tax Band for this property is: Band B ANTI-MONEY LAUNDERING REGULATIONS All clients offering on a property will be required to produce photograph proof of Identification, and proof of financial ability to proceed, we understand it is not always easy to obtain the required documents and will assist you in any way we can.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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 Maltings Lane, Grantham
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