2-bedroom flat · NG31 8XL
To rentListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*AVAILABLE WITH NO DEPOSIT* Exclusive 2 Bedroom 2 Bathroom 1st Floor Apartment situated on highly sought after gated development in highly sought location a stones throw away from the delightful Wyndham Park, Grantham Hospital, Town Centre and walking distance to the mainline train station with direct access links to Kings Cross in just over one hour.
The accommodation is finished to a high standard throughout and has the benefit of secure entry intercom system, uPVC double glazing and electric heating.
The property comprises of entrance hall, contemporary fitted kitchen with a range of high gloss wall & base units, built in electric oven & hob with extractor hood over, plumbing for washing machine, space for fridge/freezer, separate lounge/diner with patio doors leading to private Balcony, contemporary 3 piece suite bathroom consisting of wash hand basin inset to vanity unit, WC, bath with mains fed shower over and heated towel radiator, furthermore there are 2 double bedrooms of which the master bedroom has the benefit of en-suite shower room.
The apartment is situated on a secure gated development with one allocated parking space and outdoor patio seating area.
There are well maintained communal grounds and electric car and electric scooter charging points. EPC rating: B.
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.
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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
Agent & docs
FAQ
About Manthorpe Lodge, Lodge Way, Grantham, NG31
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