4-bedroom house · NG31 7BD
Sold STCReduced £10k (−6.3%) on 24 SepListed 83 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This four-bedroom terraced home on Springfield Road offers something rarely found with a property of this style, off-road parking.
Full of character and generously proportioned throughout, it's ideal for a growing family looking for plenty of space without compromising on convenience.
Just a short walk from Grantham town centre and offered with no onward chain, it's ready for its next owners to make it their own.
Step inside and you'll find a spacious lounge, providing a welcoming place for the whole family to relax.
To the rear is a generous kitchen with plenty of room for cooking and everyday life, while the separate dining room is perfect for family meals, entertaining friends or celebrating special occasions.
A ground floor bathroom completes the accommodation. On the first floor are three well-proportioned double bedrooms.
Bedroom 1 is particularly spacious, with plenty of room for wardrobes and additional furniture.
A second double is ideal as a children's bedroom or guest room, while the third offers flexible space to suit your needs.
The converted attic provides a fantastic fourth bedroom, equally suited as a main bedroom, teenager's retreat or a quiet home office.
Outside, the south-facing garden is a lovely spot to enjoy the sunshine, with the added bonus of rear access leading to the property's off-road parking, a real rarity for a terraced home.
Lounge (4.0m x 3.6m) Kitchen (3.6m x 3.6m) Dining Room (3.0m x 2.3m) Bedroom 1 (4.2m x 3.7m) Bedroom 2 (3.3m x 3.2m) Bedroom 3 (3.1m x 2.3m) Attic Bedroom (4.3m x 4.2m)
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 21 Springfield Road, Grantham
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