1-bedroom flat · NG31 7BS
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well maintained One Bedroom Duplex Apartment, arranged over the First and Second Floors of a converted Terrace House and situated within an established residential area.
The property offers ready to move into accommodation, ideal for Investment Buyers.
The layout briefly comprises: Ground Floor Entrance Hall, First Floor Landing, Sitting Room, modern Fitted Kitchen and Shower Room. To the Second Floor is a spacious Bedroom.
The property benefits from a Gas Central Heating System and uPVC double glazing throughout.
Offered for sale with NO UPWARD CHAIN, this is an excellent opportunity for those seeking a low maintenance home or investment property.
Viewing is highly recommended to appreciate the space and presentation on offer.
Tenure: Leasehold (50% share of 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 or any other matter please do not hesitate to contact us.
DIRECTIONS From our offices on Westgate proceed along wide westgate and take the left hand turning onto Wharf Road. Proceed along Wharf Road and take the right hand turning onto London Road.
Proceed along London Road and take the right hand turning onto Springfield Road, signposted A607 Melton Mowbray.
Proceed along Springfield Road and take the left hand turning into Victoria Street follow the road around which leads onto Stamford Street.
The property is located on the right hand side and identified by a Buckley Wand for sale board.
SITUATION Located on the western edge of the town with access to the A607 Melton Mowbray/Leicester Road and the A1 access North and South off Harlaxton Road.
Approximately one mile from the town centre facilities with its Intercity rail link to London Kings Cross in just over one hour.
Grantham is a traditional market town with a good range of facilities including 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 shared passage way which leads to the private uPVC double glazed entrance door which provides access to the entrance hall, stairs off to: LANDING Smoke detector, door to staircase leading to Bedroom and doors to: SITTING ROOM 4.23m (13' 11") max x 3.51m (11' 6") max Decorative ceiling rose, chimney breast with arched recess with cupboard housing meter with display area over, TV point, telephone point, two radiators and uPVC double glazed window to the front elevation.
KITCHEN 4.23m (13' 11") max x 3.51m (11' 6") max An L shaped room with range of high gloss fronted units with brushed stainless steel handles and square edge work top over, tiled splashbacks, inset stainless steel sink and drainer with mixer tap over.
Two free standing appliance spaces, stainless steel filter cooker hood, wall mounted boiler, radiator, breakfast bar into arched recess, vinyl floor covering, uPVC double glazed window to the rear elevation and door to: SHOWER ROOM Three piece white suite comprising: corner shower cubicle with electric shower, low level WC, pedestal wash hand basin, tiled splash backs, radiator, vinyl floor covering and uPVC double glazed window to the rear elevation.
A door leads from the First Floor Landing providing access to staircase to the: SECOND FLOOR BEDROOM 5.07m (16' 8") max x 4.23m (13' 11") max Galleried spindled balustrades, radiator, feature recessed arch, TV aerial and uPVC double glazed window to the front elevation.
TENURE & COUNCIL TAX The Property is Leasehold, with a 999 year lease which commenced in 1989. The vendor informs us there are no additional annual or monthly charges in respect of the lease.
PLEASE NOTE: The property is also being sold with a 50% share of the Freehold.
Any potential buyers who will be looking to raise a mortgage are asked to seek advice from their Mortgage Advisor before arranging an appointment.
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 advisors 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 Stamford Street, Grantham
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