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 house · NG31 8GS
Listing removedListed 137 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Rare Opportunity to purchase a Two Bedroom, Quarter House, situated in a Popular Established Residential Area, the property is an Ideal Investment or First Home, Equally suitable for anyone Downsizing.
The accommodation briefly comprises; Entrance Hall, Sitting Room, Kitchen, Double Bedroom, Single Bedroom & Bathroom.
Outside there is Off Road Parking & an additional Allocated Parking Space, there are Lawned Gardens to the Front & Further Partially Enclosed lawned Garden to the Side.
The property benefits from double glazing windows & a Gas Central Heating System. Viewing Is Highly Recommended and the property is offered For Sale with NO UPWARD CHAIN!
Tenure: Freehold / Council Tax: Band A VIEWINGS By appointment only directly with the selling agents Buckley Wand or e-mail: .
If you have any questions or require further information regarding this property or any other matter please do not hesitate to contact us.
DIRECTIONS From our offices on Westgate proceed towards Watergate/High Street, turn left at the traffic lights and continue over the next set of traffic lights onto North Parade, continue along this road and take the right turn into Hazelwood Drive, then take the 1st turning on the right onto Rowanwood Drive, continue along taking the first turning on the left onto Lilacwood Drive where the property is located on the right hand side.
SITUATION Grantham is a historic and growing market town situated on the old Great North Road (A1) and East Coast main line linking the town to London (Kings Cross) in just over an hour.
Within the town there are both girls' and boys' grammar schools, also a number of primary, secondary and nursery schools.
Grantham boasts a wealth of further amenities such as health, leisure and shopping including a variety of independent boutiques and National chain shops as well as a Saturday street market.
ACCOMMODATION Photographs are taken using a wide angled lens. All dimensions are approximate and are taken from plaster to plaster.
GROUND FLOOR Entered via a timber panel door with fanlight single glazed panel, providing access to the: ENTRANCE HALL Radiator, smoke detector and panelled doors to: KITCHEN 3.75m (12' 4") x 1.77m (5' 10") A fitted range of limed Oak effect wall and base units with square worktop over, inset stainless steel sink and drainer, spaces for three, free standing appliances, cooker point, plumbing for washing machine, tiled splashbacks, radiator, vinyl floor covering, extractor fan and sealed unit double glazed windows to the front and side elevations.
SITTING ROOM 4.53m (14' 10") max x 4.20m (13' 9") max Decorative fire surround with hearth and backing and inset electric fire, radiator, TV point, sealed unit double glazed bow window to the front elevation.
Feature painted spindled staircase to; FIRST FLOOR-LANDING Access to roof space and panelled doors to; BEDROOM ONE 3.25m (10' 8") max x 3.13m (10' 3") max Double built in wardrobe with folding mirrored doors, shelf and hanging rail, built in linen cupboard, radiator and sealed unit double glazed window to the front elevation.
BEDROOM TWO 2.71m (8' 11") max x 1.80m (5' 11") max Radiator and sealed unit double glazed window to the front elevation.
BATHROOM 1.84m (6' 0") x 1.76m (5' 9") Three piece white suite comprising of panelled bath with glazed screen and mains fed shower over, low level WC, pedestal wash hand basin, part tiled walls, radiator, extractor, vinyl floor covering and uPVC double glazed window to the side elevation.
OUTSIDE The property is approached via a tarmac driveway which leads to the main canopied entrance door with external light and brick built store.
The driveway provides off road parking and there is a second good length tarmac driveway to the side.
The front garden is laid to lawn, with a further partially enclosed garden with timber fence and shed situated at the side of the property.
TENURE & COUNCIL TAX The property is understood to be freehold.
SKDC current Council Tax Band for this property is: Band A ANTI-MONEY LAUNDERING REGULATIONS All clients offering on a property will be required to produce photograph proof of Identification, and proof of financial ability to proceed, we understand it is not always easy to obtain the required documents and will assist you in any way we can
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
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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 Lilacwood Drive, Grantham
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