3-bedroom bungalow · NG31 9EN
For saleReduced £5k (−2.2%) on 16 SepListed 70 days
Opportunity summary
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About
Situated on the popular Toll Bar Road in Grantham, this well-presented and modernised three bedroom semi-detached bungalow offers spacious, versatile accommodation throughout and is ideally suited to a range of purchasers, including families, downsizers, and those looking for single-storey living.
The property is entered via the fitted kitchen, which has been thoughtfully designed to provide a practical and functional space.
It features a range of integrated appliances, ample base and wall units, generous worktop space, and room for everyday food preparation, making it well-equipped for modern living.
From the kitchen, you enter the spacious lounge/diner, which provides a comfortable and flexible living area with plenty of space for both seating and dining furniture.
This welcoming room forms the heart of the home and offers an ideal setting for relaxing, entertaining guests, or enjoying family meals.
An inner landing leads from the lounge and provides access to the remainder of the accommodation. There are three well-proportioned bedrooms, each offering versatility to suit a variety of lifestyles.
Whether used as bedrooms, a home office, hobby room, or guest accommodation, the layout offers flexibility for changing needs.
The principal bedroom benefits from French doors opening onto the rear garden, providing convenient access outside and allowing plenty of natural light into the room.
Completing the accommodation is a modern three-piece shower room, fitted with a contemporary suite comprising a walk-in shower, wash hand basin, and WC. Externally, the property continues to impress.
To the front is a neatly maintained lawned garden alongside a generous driveway providing ample off-road parking, leading to a detached garage that offers secure parking, additional storage, or workshop potential.
The rear garden has been attractively landscaped to create a pleasant outdoor space with a combination of lawn and established planting, providing an ideal area for relaxing, gardening, or enjoying the warmer months.
Toll Bar Road is a well-established residential location on the outskirts of Grantham, offering convenient access to a wide range of local amenities.
Nearby are supermarkets, schools, healthcare facilities, and leisure amenities, while the town centre provides an excellent selection of shops, cafés, restaurants, and everyday services.
Grantham's mainline railway station offers direct services to London King's Cross, making the area attractive for commuters, and the property also benefits from excellent road links via the A1, providing straightforward access to Newark, Stamford, Lincoln, Nottingham, and beyond.
For those who enjoy outdoor recreation, several parks, countryside walks, and local green spaces are all within easy reach.
Combining modern accommodation, generous outside space, and a convenient location with excellent transport links and local amenities, this attractive bungalow presents an excellent opportunity for buyers seeking a home that is ready to move into.
Kitchen 4.71m x 3.23m - 15'5” x 10'7” Lounge/Diner 5.75m x 3.92m - 18'10” x 12'10” Bedroom 1 4.41m x 2.98m - 14'6” x 9'9” Bedroom 2 3.63m x 3.11m - 11'11” x 10'2” Bedroom 3 2.64m x 2.4m - 8'8” x 7'10” Shower Room 2.66m x 1.47m - 8'9” x 4'10” Garage 5.14m x 2.52m - 16'10” x 8'3” Shed 2.42m x 1.79m - 7'11” x 5'10”
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 12, Toll Bar Road, Grantham
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