3-bedroom house · NG31 8PP
Listing removedReduced £10k (−4.3%) on 2 SepListed 288 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented three-bedroom semi-detached home is pleasantly positioned within a highly sought-after area of Great Gonerby.
The accommodation comprises an entrance hall, lounge, separate dining room, fitted kitchen, conservatory and a family bathroom.
Externally, the property benefits from a low-maintenance rear garden, along with a lawned frontage and driveway providing off-road parking.
Additional features include double glazing, gas central heating, and convenient access to both road and rail links.
EPC Rating: D Location The property is within easy walking distance of the town centre, local schools and Wyndham Park.
There is a bus service along Brook Street, a short walk away, with local services as well as buses to Lincoln and Sleaford.
Travel connections in the area are excellent - the A1 passes to the west of the town providing access to major commuter areas and the A52 crosses through taking you east to Boston and west to 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.
Cross country service to Nottingham in just 30 mins.
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 King’s Grammar School.
Lounge (4.47m x 3.81m) Dining Room (2.90m x 2.39m) Kitchen (3.05m x 2.39m) Conservatory (3.89m x 2.41m) Bedroom 1 (3.91m x 2.84m) Bedroom 2 (3.00m x 2.95m) Bedroom 3 (2.84m x 1.88m) Council Tax The property is in Council Tax Band A Directions From High Street continue on to Watergate and proceed over the traffic lights on to North Parade.
Continue under the railway bridge on to Gonerby Hill Foot, past the primary school on the left-hand side and up the hill into Great Gonerby.
Continue through the village and after the keep left bollards take the right turn at the top on to Belton Lane. Take the right turn on to Covill Close and the property is along on the left-hand side.
Agents Note Please note these particulars may be subject to change and must not be relied upon as an entirely accurate description of the property.
Although these particulars are thought to be materially correct, their accuracy cannot be guaranteed and they do not form part of any contract.
Some measurements are overall measurements and others are maximum measurements. All services and appliances have not and will not be tested. Garden Private rear garden
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
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FAQ
About 37 Covill Close, Grantham
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