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See how verdicts workHouse · NG31 9AQ
Listing removedListed 199 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity to acquire a property with significant potential to create a bespoke home.
The building previously benefited from planning consent for conversion into a well-proportioned two-bedroom maisonette, offering a strong foundation for redevelopment.
A new roof has recently been completed, in addition to a new drainage system, further enhancing the site’s readiness for transformation.
The property is conveniently situated within easy reach of Grantham town centre, which provides a comprehensive range of amenities including well-regarded schools, independent and high street shops, supermarkets, and a selection of pubs and restaurants.
Transport connections are particularly strong, with straightforward access to the A1 in both directions and Grantham railway station offering direct services to London King’s Cross in just over an hour.
EPC Rating: D Location The property is situated close to the town with all its amenities and the railway station.
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.
Grantham The property is situated close to the town with all its amenities and the railway station.
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.
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.
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.
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 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.
Area
Agent & docs
FAQ
About The Chapel, Cecil Street, Grantham
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