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See how verdicts work3-bedroom property · NG31 9HW
For saleListed 15 daysAuction 10 Nov · in 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situation The property is situate on Belton Lane, Grantham, within easy reach of the town centre and a wide range of facilities and amenities.
Grantham itself offers excellent access to the wider area, along with good transport links such as A1 road network and direct rail link to London Kings Cross.
Description A wonderful opportunity to acquire this deceptively spacious and versatile detached bungalow, occupying a good sized plot, offering an opportunity for refurbishment and improvement work throughout, and scope to add significant value.
Properties in the near location are on the market for up to £425,000.
Accommodation Ground Floor Entrance Hallway Lounge Breakfasting Kitchen Conservatory Bedroom 1 Bedroom 2 Bedroom 3 Shower Room Outside Good sized plot with gardens to front and rear.
Material Information Please copy and paste the link below into your browser for a full breakdown of material information for this property mip.urls.addland.com/kgTh6Heb2Ly5k2PywyyZYo Tenure: The property is freehol.
All prospective bidders should satisfy themselves of terms of the tenure, ground rent and service charge if applicable, by inspecting the legal pack.
Council Tax: The property falls within South Kesteven Council – BAND - A Agent Note: Internal images are from previous marketing information prior to refurbishment works commencing therefore Auction House has not inspected the property.
Viewing: Strictly by appointment with Auction House. Services: Prospective purchasers are advised to make their own enquiries of the relevant statutory authorities.
NB: Services, Apparatus and Equipment have not been tested by Auction House and therefore cannot be verified as being in working order.
The buyer is advised to obtain verification from their Solicitor/Surveyor.
These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract.
Information relating to Rating and Town and Country Planning matters has been obtained by verbal enquiry only.
Prospective purchasers are advised to make their own enquiries of the appropriate Authority. Information relating to Phone & Broadband can be found by visiting Ofcom.
All measurements, areas and distances are approximate only. Potential purchasers are advised to check them.
Any potential rental incomes are approximate based on Rightmove data at the time of preparing the details and bidders are advised to check with a local agent for an accurate valuation.
Tenure: Freehold EPC Rating: D
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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.
Area
Agent & docs
FAQ
About 135 Belton Lane, Grantham, Lincolnshire, NG31 9HW
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