2-bedroom flat · NG31 6HZ
Listing removedListed 56 daysAuction 1 Mar · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
ONLINE AUCTION ON 15TH SEPTEMBER 2026 - LEGAL PACK IS READY TO DOWNLOAD A second floor two bedroom flat in a purpose built block offered with vacant possession This two bedroom flat is located in a purpose built block and offers generous sized rooms ideal for an investor landlord.
The accommodation includes a lounge, kitchen, two bedrooms and a bathroom. Outside there is a numbered parking space.
Grantham offers a variety of facilities and a main line rail link into London Kings Cross. Second Floor Hall, lounge, kitchen, two bedrooms and a bathroom.
Outside Numbered parking space Council Tax Band A Tenure: Leasehold Lease Details: 99 years from 1 March 1998 EPC Rating: C Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £1680 inc VAT payable on exchange of contracts. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
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Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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 Rugby Court, Grantham, Lincolnshire NG31 6HZ
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