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See how verdicts work3-bedroom terraced house · NG31 6QL
Sold STCReduced £15k (−15.8%) on 17 SepListed 196 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property located in George Street, Grantham A door to the front of the property opens to the path way serving the subject and neighbouring property.
A private door off this passage opens to the entrance hall.
Entrance hall 12' 0" x 5' 6 (including stairs)" (3.66m x 1.68m) A generous welcoming entrance hall with door to understairs storage cupboard and further doors leading to the sitting and dining rooms sitting room 13' 2" x 12' 0" (4.01m x 3.66m) The first of two well proportioned reception rooms the feeling of space added to by high ceilings.
The sitting room has a double glazed window to front elevation. Attractive decor to "feature wall". Radiator.
Chimney breast with feature period fireplace comprising patterned cast iron surround and background inset with floral design tiles and fronted by a tiled hearth. Fitted meter cupboard.
Dining room 13' 0" x 12' 1" (3.96m x 3.68m) Further well proportioned reception room.
Having: Chimney breast with inset period style fireplace, double glazed window to rear, radiator, dado rail, coving and TV aerial point. Again also having attractive decor to a "feature wall".
Door leading to the kitchen.
Breakfast kitchen 17' 3" x 6' 0" (5.26m x 1.83m) Notably spacious and well fitted kitchen complete with a range of both base and eye level storage units, the base level units being surmounted by marble effect rolled edge work-surfaces, splash back tiling.
Matching breakfast bar. Inset double bowl sink unit with mixer tap and additional flexi hose tap. Space and plumbing for washing machine, space for free standing cooker. Radiator. Tiled floor finish.
Door to outside and further door to the shower room.
Ground floor shower room 6' 2" x 6' 1" (1.88m x 1.85m) Fitted with a three piece suite comprising shower cubicle, pedestal wash hand basin and close coupled wc. Heated towel rail. Radiator.
Extractor fan. Returning to the hallway stairs rise off. Landing The first floor are is larger than the ground floor due to it extending over the pathway beneath.
Doors from the landing lead to bedrooms one and two as well as a third door which opens to a walk in boiler/storage cupboard. Loft access via hatch.
Bedroom 1 (ensuite) 13' 2" x 12' 1" (4.01m x 3.68m) Generous double bedroom with ensuite bathroom. The bedroom having double glazed window to rear. Radiator. Period cast iron fireplace.
Door through to the ensuite bathroom. Ensuite bathroom 10' 0 (max " x 5' 11" (3.05m x 1.8m) Fitted with a three piece suite comprising wash hand basin. Close coupled w.c. And bath with shower over.
Double glazed window. Bedroom 2 13' 1" x 9' 0" (3.99m x 2.74m) Further double proportion room with double glazed window. Radiator. Cast iron period fireplace to chimney breast. Coving to ceiling.
Bedroom 3 13' 2 (max)" x 6' 1" (4.01m x 1.85m) With double glazed window to front. Radiator.
Outside To the side of the property a covered pathway leads to a gate which in turn opens to the rear of the house. Here there can be found a fully enclosed courtyard garden with generous patio.
These particulars are for the guidance of proposed purchaser/s and do not represent the terms of a contract, they must be accepted as a guide only and are issued without any responsibility for the vendor, Martin & Co.
Or its employees. Measurements shown in these particulars are approximate and a guide only, they should not be relied upon or taken as correct.
We have not tested any services or equipment within this property. We recommend purchasers obtain legal advice & survey/s before committing to purchase.
No person representing this firm has the authority to give any warranty or representation in respect of this property.
New money laundering regulations require us to verify the identity of any prospective purchaser. We will also require proof of ability to proceed with a purchase including proof of funds. N.B.
- A charge of £40.00 + Vat per party to a purchase will be made to carry out these checks on buyers whose offer/s is/are accepted.
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 47, George Street, Grantham
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