2-bedroom flat · NG31 6RL
For saleListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious Two Bedroom, Second Floor Apartment, positioned in the heart of Grantham with views towards St Wulframs Church.
Ideal for Commuters & Buy-To-Let investors alike with its convenient location and well presented accommodation.
The property has recently been redecorated throughout and accommodation briefly comprises: A Shared Entrance Hall, Private Hallway, Landing, Dining Kitchen, Sitting Room, Two Double Bedrooms, and a Family Bathroom.
The apartment benefits from secondary glazed windows and electric wall heaters.
Viewing is highly recommended to appreciate the space, presentation, and superb central setting of this well appointed Apartment!
Tenure: Leasehold / Council Tax: Band A VIEWINGS By appointment only directly with the selling agents Buckley Wand or e-mail: .
If you have any questions or require further information regarding this property or any other matter please do not hesitate to contact us.
DIRECTIONS From our offices proceed along Guildhall Street towards the High Street. Turn left onto High Street, and then immediately right down Finkin Street.
Take the first left down Elmer Street North follow the road onto Swinegate. The property is located on the right hand side, immediately before St Wulfrum's church.
SITUATION Grantham is a historic and growing market town situated on the old Great North Road (A1) and East Coast main line linking the town to London (Kings Cross) in just over an hour.
Within the town there are both girls' and boys' grammar schools, also a number of primary, secondary and nursery schools.
Grantham boasts a wealth of further amenities such as health, leisure and shopping including a variety of independent boutiques and National chain shops as well as a Saturday street market.
GROUND FLOOR The Apartment is entered via a shared Entrance Door with intercom system which leads to the: SHARED ENTRANCE HALL Stairs leading to the First Floor Hallway with door to: PRIVATE ENTRANCE HALL Electric wall heater, understairs storage area and painted spindled staircase leads to the: LANDING Feature glazed atrium ceiling, door to airing cupboard housing hot water tank and slatted shelving, opening to Inner Hall and doors to Bedroom One and to: DINING KITCHEN 4.13m (13' 7") x 3.45m (11' 4") Range of white fronted wall mounted units with complementary cupboards set beneath roll edge work surface, stainless steel sink and drainer, tiled splashbacks, space and plumbing for washing machine, space and point for electric cooker, further appliance spaces, coved ceiling, vinyl floor covering, electric wall heater and secondary glazed sliding sash window to the rear elevation and door to: SITTING ROOM 4.79m (15' 9") Max x 4.11m (13' 6") Coved ceiling, dado rail, Adams style fire surround, telephone point, TV point, electric wall heater, secondary glazed sliding sash windows to the side and rear elevations with views to St Wulframs Church and door to Inner Hall.
INNER HALL Access to loft, door to storage cupboard and doors to Bedroom Two and Family Bathroom.
BEDROOM ONE 4.30m (14' 1") Max To Wardrobes x 4.20m (13' 9") Two fitted wardrobes with rails and shelving, fitted dressing table with cupboard below, coved ceiling, electric wall heater and secondary glazed sliding sash window to the front elevation.
BEDROOM TWO 4.19m (13' 9") x 3.56m (11' 8") Max to wardrobes Range of fitted bedroom furniture including two double wardrobes with rails and shelving, headboard and bedside cabinets, electric wall heater and secondary glazed sliding sash window to the front elevation.
FAMILY BATHROOM Three piece white suite comprising of low level WC, pedestal wash hand basin and panelled bath with glazed screen and Triton electric shower over.
Part tiled walls, extractor, vinyl floor covering and secondary glazed sliding sash window to the side elevation. TENURE & COUNCIL TAX The property is understood to be leasehold.
The Lease is understood to be 125 years which commenced 1997 Please note that the annual charges (currently) as follows: Building Insurance - Approx £300 per annum There is no Ground Rent or Service Charge However there is a quarterly shared electric bill to cover the communal stairway.
SKDC current Council Tax Band for this property is: Band A ANTI-MONEY LAUNDERING REGULATIONS All clients offering on a property will be required to produce photograph proof of Identification, and proof of financial ability to proceed, we understand it is not always easy to obtain the required documents and will assist you in any way we can.
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
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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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