2-bedroom terraced house · NG31 8BB
Let agreedListed 33 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*AVAILABLE WITH NO DEPOSIT* A well presented 2 Bedroom Terrace Property situated within easy walking distance of the town centre, mainline train station providing excellent transport connections for commuting or leisure and close to the Kings Grammar School.
The interior features a spacious lounge with a new electric heater. A generous modern kitchen and dining area with new electric heater, offering ample space for meal preparation and dining.
Direct access to the private rear garden. The low maintenance rear garden is a private area for outdoor enjoyment.
Upstairs, there are two well-proportioned bedrooms, and the first floor modern bathroom is fitted with a bath and shower over.
To the outside there is a shared passageway with side access gate leading to enclosed low maintenance with two outbuildings. N.B.
Neighbouring properties have a right of way through the garden of this property to access the shared passageway. N.B The Property has a step staircase. EPC rating: E.
Known building safety issues or planned/required works: No Planning permissions: No
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 New Street, Grantham, NG31
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