2-bedroom flat · NG31 7WT
For saleListed 334 days
Opportunity summary
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About
*2 Bedroom Ground Floor Apartment (Built 2012)* This spacious and modern two-bedroom ground floor apartment, built in 2012, offers comfortable contemporary living in a highly convenient location close to Grantham town centre and the train station.
Accessed via a communal entrance, the apartment opens into a private hallway leading to two double bedrooms, with the main bedroom benefiting from fitted wardrobes.
The property includes a modern shower room featuring a large double shower, as well as an inviting open-plan lounge, kitchen and dining area.
The kitchen is fitted with modern units and includes built-in appliances. The apartment also benefits from gas central heating and has one allocated parking space.
With an EPC rating of C, it offers good energy efficiency and a warm, practical home environment.
Situated on the outskirts of Grantham Town Centre, the property is within easy reach of a wide range of amenities including shops, supermarkets, restaurants, cafés, bars, a cinema and both primary and secondary schools.
The train station is also close by, providing excellent transport connections for commuters and local professionals Please note - We have been advised that the property is Leasehold with 111 years left on the lease.
There is ground rent and service charge is payable please contact the agents office for these.
Entrance Hall Shower Room 1.99m x 1.85m - 6'6" x 6'1" Kitchen 3.28m x 1.88m - 10'9" x 6'2" Lounge/Dining Room 4.64m x 3.77m - 15'3" x 12'4" Bedroom 1 5.39m x 2.65m - 17'8" x 8'8" Bedroom 2 3.56m x 2.22m - 11'8" x 7'3"
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.
Area
Agent & docs

FAQ
About 19 Porter Square, Grantham, Lincolnshire, NG31
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