2-bedroom house · NG31 6HU
Listing removedListed 287 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two bedroom cottage style terrace situated on Nottingham Terrace which is tucked away off South Parade in the sought after market town of Grantham.
The property is conveniently located within close proximity to Grantham town centre, offering a wide range of local amenities including schools, shops, supermarkets, pubs and restaurants.
Public transport is well catered for with good access to the A1 north/south and Grantham railway station, providing direct links to London King’s Cross in just over an hour.
The property would make an ideal purchase for a first time buyer or investor and benefits from a number of energy-efficient improvements.
These include the installation of solar panels, cavity wall insulation throughout, and a fully insulated loft, all contributing to reduced running costs.
Additional extractor fans have been fitted in both the kitchen and bathroom to improve ventilation. As a result, the property boasts an impressive EPC rating of B.
In brief, the accommodation comprises; kitchen/diner, lounge, two bedrooms and bathroom. Externally, the property enjoys an enclosed rear garden with decking.
Viewing is highly advised to fully appreciate the space and efficiency on offer.
Property Description Kitchen/Diner 10'11" x 10'10" Double glazed window to the front aspect and double glazed entrance door, radiator, tiled flooring and splashbacks, a range of fitted units with inset sink unit, wall mounted gas central heating boiler and built-in oven and hob.
Small lobby area with useful under-stairs storage cupboard.
Lounge 10'11" x 10'10" Double glazed window to the rear aspect and double glazed door leading to the rear garden, electric fire with surround, radiator and laminate flooring.
Landing First floor landing with loft access hatch. The loft is fully insulated and benefits from lighting and a pull-down ladder.
Bedroom One 10'11" x 10'9" Double glazed window to the rear aspect, radiator, laminate flooring and built-in wardrobe.
Bedroom Two 11'3" x 6'1" Double glazed window to the front aspect, radiator, laminate flooring and built-in cupboard.
Bathroom 7'11" x 4'4" Double glazed window to the front aspect, tiled flooring and splashbacks, radiator and a three-piece suite comprising wash basin with vanity unit, WC and panelled bath with mixer shower over.
Extractor fan fitted. Rear Garden Enclosed rear garden featuring raised timber decking, lawned area, pathway and garden shed, with timber fencing and rear access gate.
Book your viewing 24/7, via the brochure link below!
Property Ownership Information Tenure Freehold Council Tax Band A Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer.
You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits.
Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
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 5, Nottingham Terrace, Grantham
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