3-bedroom semi-detached house · NG31 8XN
Sold STCReduced £3k (−2.2%) on 20 MayListed 272 days
Opportunity summary
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About
SUMMARY LEASEHOLD PROPERTY 60% SHARED OWNERSHIP FOR £135,000 ALSO AVAILABLE TO PURCHASE AT FULL ASKING PRICE £225,000.
POPULAR VILLAGE LOCATION - Three bed semi-detached house with lounge and modern kitchen/diner, beautifully presented throughout. driveway and garden to the rear.
DESCRIPTION William H Brown are pleased to bring to the market this beautifully presented three bedroom, semi-detached house put on a shared ownership basis (60% share available).
This has been furnished to a very high standard by the current vendors and is 'move in' ready for any proposed purchaser.
Situated in a very popular great village location on the outskirts of Grantham. Spacious accommodation including a lounge, kitchen diner, three bedrooms and family bathroom.
Boasting a driveway for off road parking.
Located in Great Gonerby the pretty village offers some local amenities including a post office, shop, pub, primary school, children's playground, good for dog walking and bus routes to the town centre, great access to the A1, A52 and the Downtown, Boundary A46 and the larger towns and cities.
Also within a 5 minute drive to the town centre, Grantham boasts a good range of shops, eateries, 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.
Some local places of interest include The National Trust Belton House and its grounds, Newark Castle and Rutland Water.
Please note this property is being sold on a shared ownership basis - 60% for £135,000.
Leasehold Total rental charges- including Service Charges - £289.27 PCM Agents Note This property has an offer accepted subject to contract but is still currently available to view.
Lounge 16' 1" x 15' ( 4.90m x 4.57m ) Entrance door leading into the property. With a window to the front aspect, staircase to the first floor landing and under stairs storage cupboard.
Light and airy room that has been decorated with neutral colours and light grey carpeting throughout. Door leading through to the dining kitchen.
Dining Kitchen 16' 1" x 12' ( 4.90m x 3.66m ) The spacious dining kitchen has a fitted kitchen area comprising of high gloss units at both floor and eyelevel with light wood grain effect work surfaces over.
Built-in electric oven with a gas hob, extractor hood above and aluminum oven shield. Integrated dishwasher. Sink unit with single drainer and mixer tap.
Space for fridge freezer, Plumbing for an automatic washing machine. Herringbone style flooring and a window to the rear aspect.
The dining area is very spacious part glazed door leading out to the rear garden, wall mounted radiator and door leading off to the downstairs cloakroom.
Cloakroom Downstairs cloakroom with low-level WC wash hand basin and decorative tile splashbacks.
First Floor Landing The spacious landing area has been carpeted, giving access to a fitted airing cupboard, window to the side aspect and doors leading off to all bedrooms and family bathroom.
Hatch access to the loft. Bedroom One 15' 3" x 8' 4" ( 4.65m x 2.54m ) Beautifully presented master bedroom, which has a window to the rear aspect, wall mounted radiator and fitted carpets.
Bedroom Two 11' 9" x 8' 4" ( 3.58m x 2.54m ) This double bedroom has a window to the front aspect, wall mounted radiator and fitted carpets.
Bedroom Three 9' x 7' 4" ( 2.74m x 2.24m ) Good size third bedroom which has a window to the rear aspect, wall mounted radiator and fitted carpets.
Family Bathroom 7' 4" x 5' 6" ( 2.24m x 1.68m ) This fully fitted bathroom has a bath with a shower over, low-level WC, pedestal wash hand basin. Partial tiling to the walls.
Window to the front aspect and heated towel rail. Spotlights to the ceiling.
General Description Outside To the front of the property, there is a small frontage with pathway leading to the front door, block paved driveway providing off-road parking to the side of the property for at least two vehicles and gated access leading to the rear garden.
The rear garden has been landscaped to offer a very sizable raised decking area which is ideal for outside dining and entertaining. There is a lawn area and raised flower bed borders.
The decorative stone retainer to the rear has a range of plants growing alongside and the fencing above, creating a very private family garden. With water tap and paved patio area.
Agents Note: Please note this property is being sold on a shared ownership basis - 60% for £138,000.
Leasehold Charges Reviewed annually - Total charge £289.27 Pmth Ground Rent - £225.75 p mth Service Charge - £53.84 p mth Property Insurance - £9.68 p mth We currently hold lease details as displayed above, should you require further information please contact the branch.
Please note additional fees could be incurred for items such as leasehold packs. 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
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Archie refurb estimate: a Pro feature
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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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About Jenkinson Crescent, Great Gonerby, Grantham
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