We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom terraced house · NG31 8BJ
Listing removedListed 394 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Being Sold via Secure Sale online bidding. Terms & Conditions apply.
Starting Bid £160,000 Walters Grantham Are Proud to Present This Fantastic Three Bedroom Terraced Property in the Heart of Grantham.
The Location Grantham is a historic market town in Lincolnshire, well-known for its excellent transport links and vibrant mix of amenities.
The town offers direct rail services to London Kings Cross in just over an hour, making it ideal for commuters.
Locally, residents benefit from a range of supermarkets, independent shops, cafes, schools, and healthcare facilities.
The Property This beautifully presented three-storey, three-bedroom home on Albion Road combines period charm with modern living.
Features such as the bay-fronted lounge, modern kitchen, private courtyard garden, and updated shower room make it move-in ready, while the spacious layout—including a large top-floor master and additional cellar space—offers flexibility for families, professionals, or investors.
Located in a convenient part of Grantham close to amenities and transport links, this property is an ideal opportunity for buyers looking for comfort, space, and practicality.
Lounge (2.96m × 3.76m / 9'9" × 12'4") A bright and spacious front-facing living room, featuring a charming bay window that floods the space with natural light.
Ideal for both everyday living and entertaining, this room offers a warm and inviting atmosphere with direct access from the entrance hallway.
Kitchen (2.99m × 3.40m / 9'10" × 11'2") A modern and well-appointed fitted kitchen located at the rear of the ground floor.
It includes integrated cooking facilities and appliances, with an easy access courtyard garden. The kitchen provides a functional layout, ideal for home cooking and family life.
Downstairs WC Conveniently positioned off the rear lobby, this downstairs cloakroom includes a WC wash basin and houses the boiler. It provides easy access and allows for easy everyday use.
Cellar (2.94m × 3.32m / 9'8" × 10'11") Accessed through the stairs from the kitchen, the cellar provides excellent dry storage space. With potential for further use as a utility, gym, or workspace.
Bedroom 2 (3.59m × 3.36m / 11'9" × 11'0") A generous double bedroom situated on the first floor overlooking the front.
This room offers plenty of space for bedroom furniture and could serve as a spacious guest room or secondary master bedroom.
Bedroom 3 (1.81m × 3.37m / 5'11" × 11'1") Located at the rear of the first floor, this single bedroom is perfect for a child’s room, home office, or dressing room.
A flexible space with good natural light. Shower Room (1.53m × 2.28m / 5'0" × 7'6") Recently modernised, this stylish shower room includes, a walk-in shower enclosure, WC, and basin.
A well-finished and practical space on the first floor.
Master Bedroom (3.39m × 6.29m / 11'1" × 20'8") Occupying the entire second floor, the master bedroom is impressively spacious with room for a king-size bed, wardrobes, seating, or even a study corner.
A peaceful and private retreat and is ideal for those that are looking for a larger room.
Auctioneers Additional Comments Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.
The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied by a ‘Reserve Price’.
The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’. These prices are subject to change.
An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding.
The Legal Pack will also outline the buyers’ obligations and sellers’ commitments.
It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property.
The deposit will be a contribution to the purchase price.
A non-refundable reservation fee up to 6% inc VAT (subject to a minimum which could be up to £7,200 inc VAT) is also required to be paid upon agreement of sale.
The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained.
There is no requirement or indeed obligation to use these recommended suppliers or services.
Disclaimer: Anti Money Laundering Regulations: As per regulations, future buyers will be requested to provide identification documentation at a later stage.
Your cooperation is appreciated to ensure a smooth sale process. Guidance Measurements: The measurements provided are for guidance purposes only.
Prospective buyers are strongly recommended to double-check the measurements before making any financial commitments.
Appliance Condition: No testing of appliances, equipment, fixtures, fittings, or services has been carried out by Walters Grantham.
Buyers are advised to independently assess the condition of appliances. EPC Rating: E
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Road, Grantham, NG31
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