3-bedroom detached house · NG31 8TU
To rentListed 44 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
LOCATION Located on Riber Close within a residential area of Grantham, the property is well placed for access to a range of local amenities and facilities.
Grantham town centre is within easy reach, offering a variety of shops, supermarkets, restaurants and everyday services, while the surrounding area provides access to local schools and recreational facilities.
The A1 is also readily accessible, providing road links towards Nottingham, Lincoln and Peterborough, while Grantham Railway Station offers regular rail services to destinations including London and Peterborough.
ACCOMMODATION This well presented Three Bedroom Home offers spacious accommodation arranged over two floors, comprising a Kitchen Diner, separate Dining Room, Living Room and Downstairs WC to the Ground Floor.
To the First Floor there are Three Bedrooms, with Bedroom One benefiting from an En-suite Shower Room and built in wardrobes, together with a Family Bathroom.
OUTSIDE The property benefits from a Driveway providing access to the Single Integral Garage.
Gardens are located to the Front and Rear, with the Rear Garden arranged over three tiers and benefiting from a Patio Area to the upper level.
RENT AND DEPOSIT The asking Rent for the property is £1,300.00 per calendar month and the Tenancy Deposit is £1,500.00 (equal to 5 weeks' rent). The Holding Deposit for this property is £300.00.
ASSURED PERIODIC TENANCY The property will be let on an assured periodic tenancy (rolling monthly). The landlord is seeking a tenant for longer-term occupation.
ADDITIONAL FEES There are no application fees payable. You will be required to pay a Holding Deposit equal to one weeks rent to secure the property.
More information on charges to Tenants can be found on our website - VIEWINGS By prior appointment through Mundys.
THE RENTERS RIGHTS ACT 2025 New legislation was implemented in May 2026 and affects existing and new tenancies. More information on the changes is available at:
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Riber Close, Grantham
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