2-bedroom bungalow · NG31 9TS
For saleListed 10 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SUMMARY CALL US NOW TO VIEW this Detached bungalow on a corner plot with attractive gardens and driveway.
Offering a lounge, kitchen, conservatory, two bedrooms, and bathroom, the property would benefit from some updating. Viewing is Highly Recommended.
DESCRIPTION A fantastic opportunity to purchase this spacious two-bedroom detached bungalow, occupying a desirable corner plot with attractive front and rear gardens, a side driveway, and newly installed rear fencing.
Offering excellent potential, the property would benefit from some modernisation and updating, making it ideal for buyers looking to create a home tailored to their own tastes.
The accommodation comprises a generously sized lounge, conservatory, kitchen, two well-proportioned bedrooms, and a bathroom.
Conveniently located on a bus route to Grantham town centre, the property is also within easy reach of local amenities, including a convenience store, fish and chip shop, primary school, and doctor's surgery.
Excellent transport links are available via the nearby A1 and A52, providing access to surrounding towns and cities.
The popular market town of Grantham offers a wide range of amenities, including supermarkets, restaurants, cafés and pubs, sports facilities such as the Meres Leisure Centre and football stadium, highly regarded schools, a cinema, recreational parks, and a busy railway station on the East Coast Main Line, with direct services from London King's Cross to Edinburgh, making it ideal for commuters.
Local attractions include the historic Angel & Royal Hotel, the impressive St Wulfram's Church, and the National Trust's Belton House, renowned for its beautiful gardens and parkland.
Auctioneer's Comments This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited.
This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT.
This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property.
The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding.
A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack.
Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral.
These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Entrance Porch Entrance porch with a glazed door, two windows, wood panelling to the walls, wood effect flooring and housing the boiler.
Entrance Hall Entrance hall with a glazed door leading to the lounge, storage cupboard and doors to the bedrooms and the shower room.
Lounge 21' 1" x 16' 7" ( 6.43m x 5.05m ) With a bay window to the front aspect, and window to the side aspect, carpet, fireplace with wood surround, hearth and inset fire, carpet, partial wood panelling to the walls, two radiators and door leading into the porch and kitchen.
Hallway With an entrance door to the side aspect, carpet, radiator, storage cupboard housing the hot water tank.
Kitchen 8' x 7' 1" ( 2.44m x 2.16m ) With a window to the side aspect and having a range of wooden units to both the floor and eye level with light worktops over, stainless steel sink, drainer, mixer tap and tiling to the walls.
Space for a cooker, fridge freezer and washing machine. Wood effect flooring.
Bedroom One 8' 8" x 11' 6" ( 2.64m x 3.51m ) With a window to the front aspect, built-in wardrobes, wood panelling to walls, carpet and radiator.
Bedroom Two 8' 6" x 7' 4" ( 2.59m x 2.24m ) With a window to the rear aspect, wood panelling to the walls, carpet, radiator and patio doors leading into the conservatory.
Conservatory Conservatory off the second bedroom with patio doors, vinyl flooring, wood panelling to the walls, wash hand basin, radiator, cupboard housing a toilet and door leading out into the garden.
Shower Room 7' 2" x 5' 4" ( 2.18m x 1.63m ) With two windows to the side aspect and comprising of a corner shower cubicle, vanity sink unit, low level WC, tiling to the walls and floor and heated towel rail.
General Description Outside Set on a lovely corner plot with new fencing surrounding, the front garden features gravel, shrubs, plants, gate with pathway to the front porch.
Gated driveway leading to the rear with a carport, ramp to the side door, the rear is complete lawn again with new fencing.
Agents Note: "Please note that an AML fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead." 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.
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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 starting price
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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 advisors before making any investment decisions.
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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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