2-bedroom house · NG33 4NZ
For saleListed 226 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***gorgeous brand new shared ownership property available now*** The ground floor layout of this home is perfect for modern living, featuring an open-plan kitchen, dining, and lounge area-ideal for both everyday life and entertaining.
A convenient WC and a spacious under-stairs storage cupboard add to the practicality of the space.
Upstairs, you’ll find a comfortable double bedroom with a built-in storage cupboard, alongside a well-proportioned twin bedroom. A stylish, contemporary bathroom completes the first floor.
At Pastures Place, you’ll experience the charm of rural living.
These energy-efficient homes are set along tree-lined streets and tucked away in peaceful cul-de-sacs, offering a true sense of community.
With green open spaces right on your doorstep and the beautiful Lincolnshire countryside and woodlands nearby, nature is never far away.
Just a short walk from your home, you’ll find local shops, traditional pubs, and schools catering to all ages.
Excellent road connections via the A151 and A1 make commuting and travel convenient and stress-free.
Financial Breakdown: Full market value: £210,000 50% share value: £105,000 5% deposit: £5,250 Monthly Rent on un-owned share (50%) £240.63 *The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment.
With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase.
The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.
When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
Please note, as a Shared Ownership purchase there are likely to be additional legal fees during the conveyancing process, your solicitor can advise you of these.
Disclaimers • Rent on the unsold share is charged at 2.75% for the first year. For exact costings, please speak to an independent financial or mortgage advisor.
• Deposits start from 5% of your chosen share value, illustrated deposit only and depends on lender and product availability. • Share percentage advertised is an example.
Typically shares up to 75% are available depending on your affordability.
Please speak to a member of team for more information • Please note images used in this listing are for illustration purposes and are not exact to the property.
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 advisors 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 Plot 60 - Pastures Place NEW,, Pastures Place, Grantham
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