2-bedroom flat · NG31 7FT
For saleReduced £5k (−4.2%) on 24 MarListed 309 days
Opportunity summary
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About
*ideal first time purchase* - A Modern, 2 Bedroom First Floor Apartment with Allocated Parking Space located in a prime location within easy walking distance of Grantham Town Centre & Railway Station.
General Information Situated off Springfield Road, only a short distance from the popular Market Town of Grantham with all the excellent amenities therein including supermarket shopping, excellent schooling, recreational facilities and Railway Station with direct trains to London in just over 1 hour, this beautifully appointed first floor 2 Bedroom Apartment would make an ideal first time or investment purchase and offers spacious living accommodation including Open Plan Lounge/Diner and contemporary Kitchen.
Early viewing is recommended.
The accommodation in more detail is as described below: Detailed Accommodation On The Ground Floor Entrance door with intercom system leads to a communal entrance hall with staircase to first floor.
On The First Floor Entrance Hall Entrance door leads to spacious entrance hall with uPVC double glazed window to front elevation and access to: Lounge/Diner (20' 2'' x 10' 4'' (6.152m x 3.147m)) A spacious open plan Lounge/Diner with uPVC double glazed French doors and 'Juliet' balcony to front aspect and further window to side elevation.
Kitchen (15' 5'' (max) x 7' 7'' (4.688m x 2.306m)) A contemporary, fully fitted Kitchen with draw, cupboard and shelf space, worktop incorporating sink and drainer, recessed lighting, 4 ring gas hob, electric oven with stainless steel extractor over, integrated fridge freezer, washing machine and dishwasher and uPVC double glazed window to front aspect.
Bedroom 1 (12' 10'' (max) x 9' 2'' (3.9m x 2.79m)) With uPVC double glazed window to side elevation and built-in wardrobes offering ample hanging space.
Bedroom 2 (12' 10'' (max) x 7' 4'' (3.9m x 2.23m)) With uPVC double glazed window to side and elevation and useful built-in storage cupboard.
Bathroom With extractor, recessed lighting, part-tiled walls and three piece white bathroom suite comprising panelled bath with shower screen and shower over, wash hand basin and low flush wc.
Outside To the front of the property is a communal bin store and parking area for residents and visitors, with an allocated parking space numbered 21.
Tenure We are informed that the property is Leasehold. Council Tax Council Tax Band: A EPC Rating EPC Rating: B82 Services All services are understood to be either connected or available.
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 skdc planning portal, Ofcom and .
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
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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About 21, Eyam Way, Grantham
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