We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom property · NG31 7UJ
For saleReduced £10.5k (−12.4%) on 25 OctListed 377 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Newly Renovated, 2 Bedroom Park Home located on the popular Cheveley Park Retirement Development close to Grantham Town Centre. No Chain.
Description Situated on the popular Cheveley Park over 50's Development on Spittlegate Level only a short distance form the heart of the Market Town of Grantham, this well presented refurbished 2 Bedroom Park Home is ideally located for ease of access to Grantham or as a 'lock up and leave' park home offered with No Chain.
Cheveley Park benefits from a direct bus route to Grantham where there are a range of excellent amenities including shopping, schooling and recreational facilities as well as Cinema, Doctor's, Bus & Train Station with direct trains to London Kings Cross in just over 1 hour.
The property is offered with No Chain and immediate occupation is available. Viewing strictly through the Agents by calling .
Service Charge We are informed by the site owner that there is currently a service charge of £39 per week.
Electricity is charged at 29p (subject to change) per unit and Gas is available via Calor or Flogas.
Disclaimer These particulars and floorplans are in draft form only awaiting Vendor approval but are set out as for guidance only and do not form part of any contract or PIA.
Interested parties should not rely on them and should satisfy themselves by inspection or other means.
Please note appliances, apparatus, equipment, fixtures and fittings, heating etc have not been tested and cannot confirm that they are working or fit for purpose.
All measurements should not be relied upon and are for illustration purposes only. The details may be subject to change.
Additional Material Information on the property can be found via the SKDC planning portal, Ofcom and Gov.com Flood Risk.
Agents Note Should you be considering purchasing a Park Home then we recommend obtaining independent legal advice and all potential purchasers should satisfy themselves any specific restrictions on occupancy or residential use of the home.
Park Home Sites often have requirements specific to the purchase of a property and to the site in general, which could include paying the site owner's commission on sale.
Money Laundering We are required to carry out anti-money laundering checks on all parties involved in the sale or purchase of property.
To enable us to do this, once a purchaser(s) has had their offer accepted (STC) our partner Movebutler will send a secure link to conduct the relevant HMRC & ID checks on our behalf.
The cost of this is £30 (including vat) per person and is non-refundable. The checks must be completed before a memorandum of sale can be generated and sent to Solicitors confirming the sale.
If you require any further details prior to submitting a formal offer contact our office on . THINKING OF SELLING OR RENTING? Thinking of Selling or Renting?
Charles Dyson are Grantham's exclusive member of the Guild of Property Professionals with a network of over 800 independent offices.
We are always delighted to provide free, impartial advice on all property matters.
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
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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About Cheveley Park, Grantham
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