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See how verdicts work2-bedroom flat
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern Two-Bedroom Top Floor Apartment with No Onward Chain.
Situated in the popular residential area of Barrowby Edge, this modern two-bedroom top floor apartment, originally built by David Wilson Homes, offers well-proportioned accommodation, attractive views and convenient access to local amenities and major road networks.
Ideal for first-time buyers, professionals or investors, the property benefits from an open-plan living, kitchen and dining area, two bedrooms, an En-suite shower room, a separate bathroom and an allocated parking space.
The accommodation begins with an entrance hall providing access to the principal rooms.
The spacious open-plan living, kitchen and dining area creates a welcoming space for both everyday living and entertaining, with the kitchen incorporating a range of fitted units and integrated appliances, including a fridge/freezer and dishwasher.
A particular highlight is the outlook from the kitchen window, which enjoys far-reaching views towards the distinctive Belmont Tower.
There are two well-proportioned bedrooms, with the principal bedroom benefiting from its own en-suite shower room.
A separate bathroom serves the second bedroom and provides additional convenience for residents and guests.
Externally, the property benefits from an allocated parking space, together with additional visitor parking.
Barrowby Edge is a popular location offering a range of nearby amenities, including a Tesco Express, primary school, pharmacy and hairdressers.
The property is also conveniently positioned for access to the A1 and A52, making it an excellent option for commuters travelling locally or further afield.
Further benefits include an EPC rating of B, Council Tax Band A and a particularly long lease.
Leasehold Information: We have been advised that the property has approximately 990 years remaining on the lease, with a ground rent of £100 per annum and a service charge of £922.32 every six months.
These details should be verified by the buyer's solicitor during the conveyancing process.
Early viewing is recommended to appreciate the views, convenient location and accommodation this modern apartment has to offer.
Entrance Hall Kitchen/Reception Room 6.83m x 3.66m - 22'5” x 12'0” Bedroom 1 3.63m x 3.28m - 11'11” x 10'9” En-Suite Shower Room 1.88m x 1.7m - 6'2” x 5'7” Bedroom 2 3.63m x 3m - 11'11” x 9'10” Bathroom 2.16m x 1.98m - 7'1” x 6'6”
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.
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FAQ
About 20 Penrhyn Way, Grantham
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