2-bedroom property · NG31 7UU
For saleReduced £15k (−12.5%) on 29 SepListed 305 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*double unit* - A Substantial, 2 Bedroom Detached Park Home on a prominent corner plot with Driveway and Large Patio Area situated on this popular over 55's development located a short distance from the Centre of the popular Market Town of Grantham.
General Information Originally a 3 Bedroom Park Home and having been modified by the previous owner to offer 2 spacious Bedrooms, this substantial double unit park home is located in an enviable and prominent corner plot being situated on the popular Cheveley Park over 55's development, only a short distance from Grantham Town Centre as well a 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 large patio area for entertaining, the property offers accommodation as described below: Detailed Accommodation On The Ground Floor Living Room / Dining Room (19' 11'' max x 19' 2'' max (6.07m x 5.84m)) With uPVC double glazed windows to three aspects and sliding uPVC double glazed doors leading onto the patio area, electric fire in hearth and surround, decorative coving, ceiling and wall light points and access to: Kitchen (13' 9'' max x 9' 9'' max (4.20m x 2.96m)) With inset ceiling spot lights, useful cupboard housing gas fired boiler, uPVC double glazed window and door to side, tiled flooring and having a range of base and eye level Kitchen units with draw, cupboard and shelf space, timber worktop with one and a quarter stainless steel sink and drainer having hot and gold mixer tap over, tiled splashbacks, inset hob with extractor over and integrated double oven.
Inner Hallway Leading to: Bedroom 1 (12' 0'' x 9' 5'' (3.65m x 2.88m)) With uPVC double glazed window to rear aspect, ceiling light point and having a range of built in bedroom furniture.
Bedroom 2 (15' 3'' x 9' 9'' (4.66m x 2.96m)) Having previously been 2 separate bedrooms with two uPVC double glazed windows to front aspect, ceiling light point, built-in cupboard and wood effect flooring.
Shower Room Having been recently re-fitted with tiled flooring, shower boarding to walls, obscure uPVC double glazed window to rear aspect, inset wash hand basin into vanity unit, low flush wc.
And corner shower cubicle having electric shower unit.
Outside The property occupies a prominent corner plot benefitting from shaped lawn to front and side, driveway providing ample car standing space for 2 vehicles and useful shed, whilst to the rear is a large patio area ideal for entertaining.
Tenure The property is Leasehold. We are informed by the site owner that there is currently a service charge of £39 per week.
(This has been paid until September 2026) 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 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
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
Agent & docs
FAQ
About 117, Cheveley Park, Grantham
Explore nearby