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See how verdicts work1-bedroom flat · NG31 6TA
For saleListed 53 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold A spacious top-floor apartment ideally positioned on Avenue Road in the heart of the town centre, offering convenient access to a wide range of local amenities.
This well-presented property features a welcoming entrance hall leading to a modern bathroom with a separate W/C, enhancing practicality for everyday living.
The kitchen is fitted with a built-in hob and extractor fan, along with plumbing for a washing machine and space for an under-counter fridge, making it both functional and efficient.
The generous lounge and dining area provides a comfortable and versatile living space, complete with an electric fireplace for added warmth and character.
An inner hallway leads through to a well-proportioned primary bedroom, offering a quiet and private retreat.
Externally, residents benefit from a shared, low-maintenance walled garden to the rear, which has been recently re-landscaped to create an attractive courtyard-style outdoor space.
Located within easy walking distance of Grantham town centre, this property is perfectly suited for first-time buyers seeking a central home, or investors looking for a strong rental opportunity.
EPC Rating: D Location There is a charming selection of tea rooms, cafes, restaurants, traditional style pubs and a great choice of supermarkets.
Oldrids Downtown is a very popular superstore and garden centre at the edge of town just off the A1. Next to Belton Woods Hotel is Belton Garden Centre, which boasts a very successful café/restaurant.
Premier Court is situated within the town, very close to Asda and Lidl are within level walking distance.
Travel connections in the area are excellent - the A1 passes to the west of the town providing access to major commuter areas and the A52 crosses through taking you east to Boston and west to Nottingham.
Grantham station is on the East Coast mainline giving direct services to London Kings Cross with a journey time from around 70 minutes, Newark in 10 mins and Peterborough in 20 mins.
Cross country service to Nottingham in just 30 mins.
W/C (0.95m x 1.81m) Bathroom (1.74m x 1.65m) Kitchen (2.08m x 3.37m) Lounge (4.53m x 4.55m) Bedroom One (4.54m x 2.57m) Lease Details 999 Year Lease - No Ground Rent - No Maintenance Charges - Will be taking a share of the freehold (Shared between 3 people - Top floor, middle floor & bottom floor) Agents Note Please note these particulars may be subject to change and must not be relied upon as an entirely accurate description of the property.
Although these particulars are thought to be materially correct, their accuracy cannot be guaranteed and they do not form part of any contract.
Some measurements are overall measurements and others are maximum measurements. All services and appliances have not and will not be tested.
Note We are required by law to conduct anti-money laundering checks on all those selling or buying a property.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy.
The cost of these checks is £62 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable.
We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks
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.
Area
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FAQ
About 6b Avenue Road, Grantham
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