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See how verdicts work2-bedroom flat · NG31 7EL
Listing removedListed 95 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Lovely two-bedroom flat well presented in a good location close to the town centre and train station. Boasting a main bathroom plus an ensuite shower room to the master bedroom.
Nice size living area, and also an allocated parking space. To view call .
Description This well-proportioned two bedroom apartment offers bright and practical living space, making it an ideal purchase for first-time buyers, downsizers, or investors alike.
Early viewing is highly recommended. The property has a pedestrianised approach from the front of the block as well as access to the ground floor apartments from a parking area to the rear.
Both communal entrances having secure, intercom-controlled access. A private entrance door from the communal hall leads in to the subject apartment.
Close to amenities, Grantham benefits from a good range of supermarkets, shops, restaurants, sport facilities including the Mere's Leisure Centre, Football Stadium and Tennis Club.
Recreational parks with riverwalks, a cinema, a good selection of primary and secondary schools and busy train station on the main line London Kings Cross to Edinburgh, perfect for commuting.
The National Trust Belton House, Belvoir Castle and Rutland Water are some local places of interest. Good access to the A1 and A52 is also close by linking the larger towns and cities.
Entrance A private entrance door from the communal hall leads in to the apartment.
Lounge 13' 8" x 12' 8" ( 4.17m x 3.86m ) Light and airy living area with two windows to the side aspect, carpeted flooring and wall mounted electric heater.
Dining Kitchen 13' 7" x 10' 2" max ( 4.14m x 3.10m max ) Spacious kitchen with room for a small table with electric oven hob and extractor, units to eye and base level and worktops over, decorative tiles to the walls.
Sink with a single drainer, and mixer tap over, space for fridge freezer and washing machine. Two windows to the side aspect. Please note this is an irregular shape room.
Bedroom One 11' 6" to wardrobes x 9' 8" ( 3.51m to wardrobes x 2.95m ) With a window to the side aspect, electric heater, built-in wardrobe and carpeted flooring, and door leading to the ensuite shower room.
Ensuite With a fitted shower cubicle, low level wc and wash hand basin, wall mounted heater and a window to the rear aspect.
Bedroom Two 9' 8" x 8' 11" ( 2.95m x 2.72m ) With a window to the side aspect, carpeted flooring and wall mounted heater.
Bathroom 5' 10" x 4' 3" ( 1.78m x 1.30m ) To include a bath with a shower over, low level wc and wash hand basin, part tiling to the walls, soft vinyl flooring, wall mounted heater and a window to the side aspect.
Parking The property benefits from an allocated parking spot for one car within the car park area to the apartment block. Agents Notes Leasehold apartment - Built in 2006 with a 125 year lease.
The sellers have advised that the management charge is approx £1000 pa and the ground rent is approx £200 pa, please note that these charges are to be checked with your legal advisor.
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
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
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.
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FAQ
About 41, Dexter Avenue, Grantham
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