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See how verdicts work2-bedroom property · NG31 7UJ
For saleReduced £5k (−4.3%) on 25 OctListed 173 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Spacious, 2 Bedroom Detached Park Home situated on a prominent corner plot with pleasant garden and parking space located on a popular over 55's development only a short distance from the popular Market Town of Grantham.
General Information Situated on a enviable and prominent corner plot with pleasant garden this substantial park home is located on the popular Cheveley Park over 55's development, only a short distance from Grantham Town Centre as well as providing easy access to the A1/A52 Road Network and Grantham Railway Station having direct trains to London Kings Cross in just over 1 hour.
Offering modern and spacious living accommodation, driveway and pleasant garden the property offers accommodation as described below: Detailed Accommodation Entrance Hall With uPVC double glazed entrance door, useful storage cupboard and giving access to: Living Room 16' 7'' max x 10' 11'' max (5.06m x 3.34m) With uPVC double glazed windows to two aspects, coving and access to: Dining Room 10' 0'' x 6' 11'' (3.04m x 2.10m) With uPVC double glazed window to rear, coving, ceiling light point and access to: Kitchen 10' 9'' x 7' 11'' (3.28m x 2.42m) With ceiling light point, uPVC double glazed door to rear and and matching window to side elevation, coving and having a range of Kitchen units in light oak with draw, cupboard and shelf space, stainless steel sink and drainer with hot and cold mixer tap over, tiled splashbacks, 4 ring gas hob, electric oven, space for fridge/freezer, recess and plumbing for washing machine, dishwasher and tumble dryer.
Bedroom 1 11' 5'' x 10' 0'' (3.47m x 3.04m) With uPVC double glazed windows to side and rear, ceiling light point, coving, walk-in dressing room with hanging and shelf space and door leading to: En-Suite With obscure uPVC double glazed window to side and three piece suite comprising shower shower cubicle, wash hand basin and low flush wc.
Bedroom 2 8' 11'' x 8' 3'' (2.72m x 2.51m) With coving, ceiling light point and uPVC double glazed patio doors leading onto the garden.
Bathroom With ceiling light point, uPVC double glazed window to front elevation, extractor fan, useful airing cupboard and three piece bathroom suite comprising panelled bath, pedestal wash hand basin and low flush wc.
Outside The property occupies a generous corner plot which is located towards the top of the development with pleasant, easy to maintain garden having patio area, small pond, fence and hedge boundary and outside shed.
Parking is to the rear of the property. Location - What3words ///truck.still.beams Tenure The property is Leasehold.
We are informed by the site owner that there is currently a service charge of £40 per week.
(2026-2027) Electricity is charged at 29p (subject to change) per unit and Gas is available via Calor or Flogas.
Council Tax Band Council Tax Band: A 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 link, further details can be found on the SKDC planning portal, Ofcom and Gov.com Flood Risk.
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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FAQ
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