We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · NG31 7BG
Listing removedListed 53 daysAuction 16 Sep · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Key Features Lot 58A for sale by auction on 16/09/2026 To view the property or see a virtual tour please refer to the full sales particulars on the auctioneers website Ground Floor - Reception Room, Kitchen, Utility Room First Floor - Two Bedrooms, Bathroom Garden to the rear Gia approximately 63.32 sq m (682 sq ft) The busy market town of Grantham boasts a good range of supermarkets, rail station, restaurants and sport facilities The National Trust Belton House, with grounds and children's playground, Belvoir Castle and Rutland Water are some local places of interest.
An Eight Week Completion period applies to this Lot Key Locations The busy market town of Grantham boasts a good range of supermarkets, restaurants and sport facilities The town also provides a cinema, recreational parks including a river walk and rail station on the main Intercity line, perfect for commuting The National Trust Belton House, with grounds and children's playground, Belvoir Castle and Rutland Water are some local places of interest
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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
Agent & docs
FAQ
About 93, Springfield Road, Grantham
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