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See how verdicts work3-bedroom house · NG31 7BL
For saleListed 222 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary *guide price £130,000 - £140,000* - Modernised and well presented throughout, offering two reception rooms, modern kitchen and bathroom, three bedrooms and courtyard garden to the rear.
Good access to some local amenities and train station. Great rental return - current tenants in situ - £850 pcm.
Description William H Brown are pleased to bring to the market this lovely mid-terraced house with courtyard garden to the rear.
Modernised throughout and benefitting from a lounge, separate dining room, modern galley style kitchen and downstairs bathroom. Two bedrooms to the first floor and a bonus attic bedroom.
Perfect for a First Time Buyer or Investor with a great rental return, current tenants in situ - £850 pcm.
Close to some local amenities which include a convenience store, takeaway outlets and good access to the A1 and A52.
A short drive to the town centre, Grantham offers a good range of supermarkets, restaurants, sport facilities including the Mere's Leisure Centre and Football Stadium, a cinema, recreational parks, primary and secondary schools and a busy train station on the main line London Kings Cross to Edinburgh, perfect for commuting.
The National Trust Belton House, Belvoir Castle and Rutland Water are some local places of interest.
Lounge 12' 2" x 11' ( 3.71m x 3.35m ) Entering the property into the lounge and having a window to the front aspect, fireplace with wood surround and electric fire, carpet, deep skirting boards and a radiator.
Dining Room 12' 2" x 10' 11" ( 3.71m x 3.33m ) With a window to the rear aspect, fireplace with wooden surround and electric fire, deep skirting boards, carpet, radiator and access into the kitchen.
Kitchen 11' 9" x 6' 1" ( 3.58m x 1.85m ) Modern style galley kitchen, with a window to the side aspect, and having a range of white units to both the floor and eye level with wood effect worktops over, stainless steel sink, drainer, mixer tap and tile splashbacks.
Integrated oven and hob, space for a fridge freezer and washing machine. Wall mounted boiler, tiled floor, access through to the bathroom and door leading out to the rear garden.
Downstairs Bathroom With two windows to the side aspect, bath with shower over, pedestal wash hand basin, low level WC, tiling to both the walls and floor, extractor fan and a radiator.
First Floor Landing With access to the two bedroom and staircase to the attic bedroom.
Bedroom One 12' 2" x 10' 11" Into Fireplace ( 3.71m x 3.33m Into Fireplace ) With a window to the front aspect, carpet, deep skirting boards and a radiator.
Bedroom Two 12' 1" x 10' 11" ( 3.68m x 3.33m ) With a window to the rear aspect, carpet, deep skirting boards and a radiator.
Attic Bedroom 16' 11" Widest x 10' 11" ( 5.16m Widest x 3.33m ) With a skylight to the rear aspect, storage cupboard, carpet, deep skirting boards, radiator and sloping ceiling (restricted head height).
General Description Outside Courtyard style garden enclosed by fencing. 1.
Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this 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
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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
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FAQ
About 5, Springfield Road, Grantham
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