We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom house · NG31 8JQ
Listing removedListed 102 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no onward chain, this recently renovated three bedroom terraced home is ready to move straight into and provides well presented accommodation set over two floors.
Located in the popular Gonerby Hill Foot area of Grantham, the property is ideally suited to first time buyers, families and investors alike.
The accommodation begins with a welcoming lounge to the front of the property, leading through to a spacious dining room, perfect for entertaining or family meals.
Beyond is a modern fitted kitchen, with access to the ground floor bathroom, creating a practical layout for everyday living.
To the first floor are three bedrooms, comprising two generous doubles and a third bedroom that would make an ideal nursery, home office or dressing room.
Having been recently renovated, the property benefits from a fresh, modern feel throughout, allowing any purchaser to simply unpack and enjoy their new home.
Outside, the property offers low maintenance rear gardens, providing useful outdoor space for relaxing or entertaining.
Situated within easy reach of Grantham town centre, local schools, shops, amenities and transport links, including Grantham's mainline railway station with direct services to London King's Cross, this is an excellent opportunity to acquire a well-presented home in a convenient location.
Lounge 3.38m x 3.35m - 11'1” x 10'12” Dining Room 3.43m x 3.42m - 11'3” x 11'3” Kitchen 2.9m x 1.94m - 9'6” x 6'4” Bathroom 2.03m x 1.88m - 6'8” x 6'2” First Floor Landing Bedroom 1 3.42m x 3.39m - 11'3” x 11'1” Bedroom 2 3.37m x 2.28m - 11'1” x 7'6” Bedroom 3 2.79m x 1.96m - 9'2” x 6'5”
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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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
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FAQ
About 16, Pretoria Road, Grantham
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