1-bedroom flat · NG31 6QL
For saleListed 104 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
George Street, Grantham At £79,995, you might expect compromises. What you probably would not expect is your own front door, private staircase and a home arranged over three different levels.
And that is exactly what makes this one interesting. This one-bedroom maisonette on George Street is not your typical flat with a communal hallway, lift and neighbours wandering past your front door.
You enter directly from street level through your own private entrance, just as you would with a house. From there, your own staircase takes you up into the main living accommodation.
Already, it feels different. The first floor is arranged around a separate kitchen, shower room and living room.
The kitchen has plenty of personality and enough space for a dining table, making it somewhere you can actually cook, eat and spend time rather than just standing between two worktops wondering where to put the toaster.
Across the hallway is the shower room, while the living room sits separately on the other side of the floor.
The living room is comfortable, cosy and full of character, but the really unusual part is what happens next.
Another private staircase rises directly from the living accommodation to the bedroom above.
That means the bedroom sits on its own level at the top of the property, giving the home a surprisingly house-like feel and a level of separation that you rarely find in a one-bedroom apartment at this price.
In total, the accommodation extends to approximately 558 sq ft and is arranged over three levels, starting with the private entrance at street level, the main living accommodation above and the bedroom on the top floor.
It is quirky. It is different. And, at £79,995, it represents a genuine opportunity for someone who wants to own rather than rent without starting with something completely forgettable.
For a first-time buyer, this could be a brilliant first rung on the property ladder. For someone wanting their own space, it gives you proper separation between cooking, relaxing and sleeping.
And for anyone bored of looking at one-bedroom flats where every room seems to be fighting for the same square metre, this layout is refreshingly different.
George Street is conveniently placed for Grantham town centre and its range of shops, amenities and transport connections, making this a practical base as well as an affordable one.
This is not a vast property, and it is not pretending to be. What it is, though, is unusual, characterful and genuinely interesting. Your own front door. Your own stairs.
Your living space on one level. Your bedroom on another. And a purchase price of just £79,995. For the right buyer, this could be a very clever place to start.
Key Features One Bedroom Split-Level Maisonette Guide Price £79,995 Own Private Street-Level Entrance Accommodation Arranged Over Three Levels Private Internal Staircases Around 558 Sq Ft Separate First-Floor Living Room Characterful Kitchen/Dining Space Separate Shower Room Top-Floor Bedroom Unusual House-Like Layout Ideal First-Time Buy Affordable Route Into Home Ownership Excellent Value for Money Close to Grantham Town Centre Amenities Rarely Available Style of Property Viewing Highly Recommended Disclaimer haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
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.
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