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Hill View Close, Grantham

East Midlands

£195,000
Listed on 15/04/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom property presents a unique opportunity for those seeking a renovation project or an investment in a desirable area of Grantham. With its spacious layout and solid structure, the home offers considerable potential for customization and modernization. Upon entering, you are welcomed by an entrance hall that leads into the generous living spaces. The lounge measures 17' 2" x 11' 2", providing ample room for relaxation and entertainment. Adjacent to the lounge, the kitchen is sized at 15' 3" x 8' 5", allowing for various design possibilities that could enhance both functionality and style. The property also features a conservatory that adds extra light and space, perfect for transformation into a sunlit dining area or an additional living space. A pantry complements the kitchen area with convenient storage options, while the family bathroom offers further scope for updates to create a modern retreat. Upstairs, you'll find three well-proportioned bedrooms, including two measuring 12' 7" x 8' 7" and 10' 8" x 8' 6", which can easily accommodate family living or could be reimagined as office spaces or guest rooms. The third bedroom also offers potential as a smaller nursery or study. Located in a sought-after neighborhood, this property not only provides immediate comfort but also represents a long-term investment opportunity. Whether you're looking to create your dream home or seeking rental potential in a growing area, this property is worth exploring further.

Investment Analysis

(NG31 area)
Area Average
£225/sq ft
Avg Rent (weekly)
£181
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
59
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (NG31)

Area prices are stable by +1.5% over the last 12 months
3 year growth: 3.5%
5 year growth: 18.1%
Investment Disclaimer: Analysis based on NG31 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Hill View Close, Grantham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£714
Based on a loan of £146,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE