3-bedroom house · NG31 9AQ
Listing removedListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Walters Grantham are Proud to Present this Fantastic Property on Cecil Street, Grantham!
Located on the ever-popular Cecil Street, this property sits in a well-established residential area, perfectly positioned close to some of Grantham’s most sought-after schools, including Kesteven Girls’ School.
You’ve also got a great local pub and an award-winning chippy just a short walk away. A location that really works day-to-day. The property itself offers more than meets the eye.
The ground floor features a comfortable lounge, a separate dining room complete with an electric fire, and a well-appointed kitchen with bespoke joinery, giving it a practical but slightly different feel to the norm.
There’s also a handy utility area and a downstairs bathroom.
Upstairs, you’ll find two bedrooms along with an en-suite, while the converted attic provides a well-sized third bedroom with Velux windows, ideal as a main bedroom, guest space, or something a bit more flexible depending on what you need.
Outside, the property benefits from a low-maintenance courtyard garden, keeping things simple without sacrificing outdoor space.
Entrance Hallway Accessed via the side aspect of the property, the hallway opens into the main ground floor spaces, with access to the lounge, dining room, and stairs rising to the first floor.
There is also a generous understairs storage area, ideal for keeping things neatly tucked away.
Lounge (3.34m x 3.36m / 10'11" x 11'0") A comfortable main living space with a front aspect window allowing in plenty of light.
The room features grey carpet throughout, along with built-in shelving within the alcoves and a cleverly designed cupboard to conceal the meter boxes, keeping the space clean and practical.
Dining Room (3.73m x 3.40m / 12'3" x 11'2") A separate dining area with a tiled floor and rear aspect window.
The electric fire creates a natural focal point, while additional shelving within the alcoves adds both storage and style.
The room flows through into the kitchen, making it a functional layout for everyday use.
Kitchen (2.34m x 3.81m / 7'8" x 12'6") A smart and tasteful galley-style kitchen, offering more space than you might expect.
Fitted with a built-in oven and hob, along with a stainless steel sink, the space is both practical and well laid out for everyday use.
The bespoke joinery has been thoughtfully designed to house plates, wine bottles, and additional storage, giving it a slightly more tailored feel.
A side aspect window looks out into the courtyard garden, helping to connect the space to the outside.
Utility Area Located just off the kitchen, the utility area provides a convenient space for housing the washing machine and fridge, keeping them separate from the main kitchen.
It continues the tiled flooring and offers access to both the rear garden and the downstairs bathroom.
Family Bathroom (2.01m x 2.75m / 6'7" x 9'0") Positioned on the ground floor, the bathroom is well-sized and fitted with a bath, sink, and toilet, along with a towel rail.
A frosted side aspect window allows for natural light while maintaining privacy.
Master Bedroom (3.94m x 5.22m / 12'11" x 17'2") Situated at the front of the property, the main bedroom is a well-proportioned space with a window to the front aspect, offering a straightforward and practical layout.
Bedroom Two (3.84m x 3.37m / 12'7" x 11'1") Overlooking the rear of the property, the second bedroom benefits from its own en-suite as well as a large built-in cupboard, making it a flexible and functional space.
En-Suite (1.47m x 1.58m / 4'10" x 5'2") A useful addition to the first floor, providing added convenience and privacy to the second bedroom with a toilet, sink and shower.
Bedroom Three (2.31m x 3.37m / 7'7" x 11'1") The converted attic provides a bright and well-sized third bedroom, enhanced by Velux windows.
The solid wood staircase continues through to this level, adding a sense of continuity and character.
Outside Space The property benefits from a well-presented outdoor area, offering a pleasant area to enjoy the outdoors, with convenient access to the property. As well as being low maintenance.
Disclaimer: Anti Money Laundering Regulations: As per regulations, future buyers will be requested to provide identification documentation at a later stage.
Your cooperation is appreciated to ensure a smooth sale process. Guidance Measurements: The measurements provided are for guidance purposes only.
Prospective buyers are strongly recommended to double-check the measurements before making any financial commitments.
Appliance Condition: No testing of appliances, equipment, fixtures, fittings, or services has been carried out by Walters Grantham.
Buyers are advised to independently assess the condition of appliances. EPC Rating: F
Value & comps
No previous sales on record.
Returns
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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.
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