1-bedroom flat · NG31 8BQ
To rentListed 43 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*VIRTUAL VIEWING AVAILABLE* Spacious and Characterful One Bedroom Ground Floor Apartment benefiting from many original features and being located very close to the Grantham Town Centre and within walking distance of the mainline railway station.
The self contained property has gas central heating, double glazing and comprises; communal entrance hallway, sitting room with original cast iron fireplace (decorative only), high cornice ceiling, laminate flooring and feature bay window to the front elevation, shower room consisting of low level WC, fitted hand basin in a vanity unit along with a corner entry shower cubicle, fitted kitchen with a range of wall and base units, electric cooker, freestanding fridge and washing machine, impressive long bedroom to the rear elevation with two double glazed windows overlooking the communal courtyard.
To the front of the property there is a communal low maintenance gravel garden with pathway leading to the main entrance door and along with a communal rear yard accessed through the communal hallway.
N.B - The Monthly Rent is all-inclusive of Gas. Under the Renters’ Rights Act 2025, this price is fixed for the first 12 months of the tenancy.
(Usage is subject to a Fair Usage Policy, details of which are provided in the tenancy agreement). EPC rating: E. Mobile signal information: 4 bars O2
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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.
Area
Agent & docs
FAQ
About Albion Place, Grantham, NG31
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