2-bedroom flat · NG31 7WJ
For saleListed 17 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Modern, 2 Double Bedroom Ground Floor Apartment with Allocated Parking Space being Bovis Homes original Showhome on the popular 'Mallard Quarter' development off Springfield Road.
*no chain* General Information Situated on the popular Bovis Homes, 'Mallard Quarter' Development and having been the original Showhome for the site, this delightful, modern, gas centrally heated, double glazed, Ground Floor Apartment is ideal for owner occupation or buy-to-let investment.
Featuring largely wheelchair accessible doors, generously proportioned Bedrooms, En-Suite Shower Room and bright and airy accommodation, this superb property has internal accommodation comprising: Entrance Hall with useful airing cupboard and separate coats/shoe cupboard, Lounge, contemporary fitted Kitchen with integrated appliances, Master Bedroom with En-Suite Shower Room, Second Bedroom and Family Bathroom whilst outside are communal gardens, visitor parking and allocated parking space.
Location Wilks Road is situated off Springfield Road within the popular Market Town of Grantham and benefits from a wide range of local amenities.
Being only a short walk from day to day shopping and popular 'Wellies' fish and chip shop, the property is also ideally placed for access to the Town Centre, supermarket and high street shopping, recreational facilities, local parks, restaurants and take-aways alongside Grantham Railway Station having direct trains to London Kings Cross in just over 1 hour.
Being offered with no chain and immediate vacant possession, early viewing is highly recommended. Directions Proceed out of Grantham on London Road, turning right at McDonalds onto Springfield Road.
Continue up Springfield Road, under the railway bridge and at the top of the hill, turn right onto Wilks Road. Follow Wilks Road until the property can be identified on the right hand side.
The car park at the rear of the block has Visitor Parking spaces.
What3Words What3words: ///giving.salt.drops Council Tax Band Council Tax Band: A EPC Rating EPC Rating: (This is currently being updated - As guidance, the previous EPC which expired in July 2025 was C78.) Tenure We are informed that the property is Leasehold.
The owner has provided the following information for 2026: Service Charge Half Yearly 2026: £802.35 Annual Ground Rent for 2026: £129.41 Management Fee Half Yearly 2026: £62.76 Viewing Via Charles Dyson Estate Agents by calling Do you have a question about this property?
Feel free to contact us as we are always happy to help. 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 .
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 we cannot confirm that they are working or fit for purpose.
All measurements should not be relied upon and are for illustration purposes only.
For marketing purposes, some photographs may have been digitally enhanced or edited and therefore, before viewing the property, copies of the unedited photography can be made available on request.
These property details may be subject to change.
Additional Material Information on the property can be found via the link (if applicable), with further property information being available on the skdc or relevant local planning portal, Ofcom and .
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
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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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FAQ
About 31 (+1), Wilks Road, Grantham
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