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See how verdicts work1-bedroom terraced house · NG31 6RE
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A unique and characterful town centre home that is something of a hidden gem.
Tucked away in a virtually unknown location to the rear of the town’s High Street there is access to a wide range of shops and other amenities within a stones throw.
The property has been tastefully modernised and offers comfortable and characterful accommodation arranged over two floors and comprising a good sized lounge, a spacious kitchen/dining room with a walk in pantry/utility off, a nicely fitted ground floor bathroom and well proportioned double bedroom at first floor level.
There is space at the front for planters and pots, all of which contribute to a delightful ambience.
The property is offered for sale with vacant possession and no onward chain and represents an ideal first purchase or perhaps even an occasional home for those that work here but have a main home elsewhere.
Viewing recommended.
EPC Rating: D Location The property is within the easiest walking distance of local amenities and Grantham's station is on the East Coast mainline giving direct services to London Kings Cross with a journey time from around 70 minutes, Newark in 10 mins and Peterborough in 20 minutes.
There is also a cross country service to Nottingham in just 30 minutes.
Grantham has successful Community, Special and Independent schools for children of all ages as well as the town’s two grammar schools, Kesteven and Grantham Girls School and the KIngs School for boys.
Road connections in the area are excellent - the A1 passes to the west of the town providing access to major commuter areas and the A52 runs east -west to Boston and Nottingham.
Grantham station is on the East Coast mainline giving direct services to London Kings Cross with a journey time from around 70 minutes, Newark in 10 mins and Peterborough in 20 mins.
Lounge (4.42m x 4.27m) Wooden opaque half glazed entrance door, two upvc double glazed windows to front elevation and staircase off to first floor. Radiator and laminate floor.
Three steps down to kitchen. Kitchen/Dining Room (4.75m x 3.35m) A good sized kitchen containing a range of fitted base cupboards with working surfaces over and eye level cupboards.
Additional island cupboards with breakfast bar. Stainless steel sink and drainer, Bosch integrated oven and ceramic hob/cooker hood over. Ideal gas fired combination boiler and radiator.
Wooden ledged entrance door from front and upvc window. Pantry (1.53m x 1.05m) A very useful walk in pantry/utility cupboard. Wood style flooring.
Bathroom (3.58m x 1.59m) Refitted with a white suite comprising paneled shower bath with glazed screen and mermaid board surround, wash basin/vanity unit and low level WC with a concealed cistern.
Velux type window to ceiling, extractor fan and radiator. Bedroom (4.56m x 4.68m) A generous double bedroom approached via a carpeted staircase from thew lounge.
Upvc windows to front and side, and external door to roof. Radiator. Services Mains gas, electricity, water and drainage are connected. Gas central heating is installed.
We have not tested any of the services or appliances and prospective purchasers should rely on their own enquiries in this respect.
As the property has been let in the past gas and electricity safety certificates may be available.
Viewing Viewing strictly by appointment through Newton Fallowell on and Anti Money Laundering Checks We are required by law to conduct anti-money laundering checks on all those selling or buying a property.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy.
The cost of these checks is £62 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable.
We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks Agents Note Newton Fallowell and our partners provide a range of services to buyers, although you are free to use an alternative provider.
If you require a solicitor to handle your purchase and/or sale, we can refer you to one of the panel solicitors we use. We may receive a fee of up to £300 if you use their services.
If you need help arranging finance, we can refer you to the Mortgage Advice Bureau who are in-house. We may receive a fee of £300 if you use their services.
For more information please call in the office or telephone . Council Tax The property is registered as Band A for Council Tax purposes.
Note Please note these are draft sales particulars and may be subject to correction/change.
Yard There is no private garden although the communal thoroughfare to the front of the cottage allows for pots and planters which help create a delightful ambience.
Parking - On Street Parking in the area is found on street though permits can be purchased from Grantham Estates and the local Conservative Club to access private parking, subject to availability.
Value & comps
No previous sales on record.
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 asking
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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 advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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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FAQ
About 12e Elmer Street North, Grantham
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