3-bedroom bungalow · NG31 7UF
Listing removedListed 319 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A brilliant chance for anyone looking to transform a property with huge potential into a dream home.
Set on a generous plot with lovely views, this Grantham bungalow offers the best of both worlds, close to town amenities while providing excellent access to the A1 and surrounding areas.
Rarely does a plot of this size and flexibility come to market, making it an ideal opportunity to create something truly unique.
Originally a three-bedroom bungalow, the property offers superb scope for reconfiguration (subject to planning), allowing you to craft a modern layout to suit your lifestyle.
Inside, a spacious entrance hall leads to a large living room featuring a fireplace and doors opening onto the rear garden.
The separate dining room and kitchen present an exciting chance to redesign into a stunning open-plan kitchen/diner with wonderful views. Additional spaces include a utility room and a convenient WC.
The home currently offers three double bedrooms along with a family bathroom.
With its sizeable footprint, lots of parking, and outstanding potential, this full renovation project is ideal for anyone seeking a home they can truly shape from the ground up.
The property requires a new heating system, a new kitchen and bathroom, flooring throughout and new windows and a full redecoration.
Living Room 5.36m x 3.92m Dining Room 3.02m x 3.84m Kitchen 3.02m x 4.23m Utility Room 2.34m x 2.43m WC 0.89m x 2.43m Bedroom 1 3.95m x 3.46m Bedroom 2 4.58m x 3.03m Bedroom 3 3.52m x 3.03m Bathroom 3.27m x 2.43m
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.
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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 Gorse Lane, Grantham, NG31
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