2-bedroom terraced house · NG31 7FQ
For saleListed 64 days
Opportunity summary
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About
Attention landlords - Charles Dyson Estate Agents are pleased to offer to the market this well appointed, modern, 2 Bedroom Mid-Terrace House with 2 Parking Spaces situated in a popular location off Springfield Road.
Currently tenanted at a rent of £640 pcm and being an ideal Buy-to-Let investment.
General Information Situated on Wingfield Court on the popular Hunters Gate Development off Springfield Road, this modern 2 Bedroom House is offered to the market as an ideal Buy-to-Let investment, having been rented to the same tenant since 2015.
With a current rent of £640 per calendar month and potential to increase to a market value of around £800 with a strong rental history, the property is ideal for investors looking for an immediate rental income.
Wingfield Court is well placed for easy access to Grantham Town Centre with all the excellent amenities therein, including Supermarket Shopping, excellent Secondary Schooling, Recreational Facilities and Railway Station having direct trains to London Kings Cross in just over 1 hour.
Also within a short walk is a Coop Local Store, Costa Coffee, kfc and popular 'Wellies' Fish and Chips.
The accommodation in more detail is as described below: Detailed Accommodation On The Ground Floor Entrance Hall Double glazed entrance door leads to the entrance hall with ceiling light point, staircase to first floor and access to: Cloaks/Wc.
With obscure uPVC double glazed window to front elevation, ceiling light point, wash hand basin and low flush wc.
Lounge/Diner (14' 8'' x 12' 10'' (4.48m x 3.91m)) With ceiling light point, coving and uPVC double glazed sliding patio doors leading onto the garden.
Kitchen (9' 9'' x 6' 1'' (2.97m x 1.85m)) With celling light point, uPVC double glazed window to front elevation, rolled edge worktop incorporating a stainless steel sink and drainer with hot and cold mixer tap over, tiled splashbacks, 4 ring gas hob with electric oven under and extractor fan over, recess and plumbing for washing machine, recess for free standing fridge/freezer and wall mounted gas fired boiler.
On The First Floor Staircase And Landing With ceiling light point and providing access to: Bedroom 1 (12' 10'' x 9' 1'' (3.91m x 2.76m)) With ceiling light point, coving and uPVC double glazed window to rear elevation.
Bedroom 2 (9' 11'' x 8' 7'' (3.02m x 2.62m)) With ceiling light point, uPVC double glazed window to front elevation and useful walk-in wardrobe with ample hanging space.
Family Bathroom With ceiling spot lights, being partly tiled and having three piece white suite comprising panelled bath with shower over, pedestal wash hand basin and low flush wc.
Outside To the front of the property is a small forecourt, whilst to the side are two allocated parking spaces.
To the rear is an enclosed garden with fence and wall boundary, small patio area and shaped lawn. Tenure We are informed that the property is Freehold.
Tenancy Information The property was rented on an Assured Shorthand Tenancy, which became an Assured Tenancy on the 1st May 2026 in-line with the Renters Reform Act.
The current rent is £640 per calendar month the last rent review taking place in June 2025. Copies of the eicr, EPC and Gas Safety Certificate are available on request.
Location What3words: ///votes.blows.spray EPC Rating EPC Rating: C75 Council Tax Band Council Tax Band: B 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 .
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.
For marketing purposes, some photographs may have been edited and therefore, before viewing the property, copies of the unedited photography can be made available on request.
The details may be subject to change. Additional Material Information on the property can be found via the link, further details can be found on the skdc planning portal, Ofcom and Flood Risk.
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
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 1, Wingfield Court, Grantham
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