2-bedroom flat · NG31 7FY
Sold STCListed 131 days
Opportunity summary
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About
Summary ***Calling all first time/investor buyers*** no chain well presented two bedroom ground floor flat allocated parking space sought after location viewings essential to appreciate what is on offer call now to avoid disappointment description *Attention First Time Buyers/Investors* Connells are excited to bring to the market this 2 bedroom ground floor apartment positioned on a popular modern estate set just on the outskirts of Grantham Town Centre and is within walking distance to the Train station, which offers direct links to London Kings Cross in approx 64 minutes, and local amenities and schooling on your door step.
The accommodation briefly comprises an entrance hall, kitchen/living room, two bedrooms and a shower room. There is electric heating and allocated parking.
The property benefits from recently being decorated including new flooring. Call now to arrange your viewing!
Please note - We have been advised that the property is Leasehold with 128 years left on the lease and that the cost per annum for ground rent and service charge is approximately £1329.50.
Grantham is a historic and growing market town situated on the old Great North Road (A1) and East Coast main line linking the town to London (Kings Cross) in just over an hour.
Within the town there are both girls' and boys' grammar schools, also a number of primary, secondary and nursery schools.
Grantham boasts a wealth of further amenities such as health, leisure and shopping including a variety of independent boutiques and National chain shops as well as a Saturday street market.
Ground Floor Landing New carpet, storage heater and two inbuilt cupboard.
Lounge / Kitchen With a double glazed window to the rear, new carpet, electric radiator, range of wall and base units, electric oven with hob.
Bedroom One Double bedroom, double glazed window to the rear, new carpet, inbuilt wardrobe and a electric radiator.
Bedroom Two With a double glazed window to the rear, new carpet and a electric radiator. Bathroom With a walk in shower, towel radiator, W.C, wash hand basin and new tile flooring.
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: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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 17, Scarsdale Way, Grantham
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