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Fifth Avenue, Grantham

East Midlands

£175,000
Listed on 16/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached house presents a solid opportunity for renovation and investment, set in the desirable Alma Park area of Grantham. The property features a comfortable lounge with an Adam style fireplace, a kitchen equipped with built-in appliances, and a conservatory that provides direct access to the rear garden. While the layout is practical for family living, certain areas, such as the family bathroom, require modernization, allowing future owners to tailor the space according to their tastes. Upstairs, you will find three well-proportioned bedrooms—two doubles and a single—all offering natural light and storage options. The presence of a dedicated driveway and single garage enhances convenience while providing off-street parking. Externally, both front and rear gardens offer potential for landscaping or further enhancement. The rear garden is currently laid to lawn and enclosed by fencing but could be revitalized into an outdoor retreat with some attention. Located conveniently within reach of local amenities such as schools, shops, and bus routes to the town center, this property benefits from excellent transport links including quick access to the A1 and A52. Grantham itself is known for its vibrant community offerings—a range of supermarkets, dining options, recreational facilities like Mere's Leisure Centre, parks, and a cinema are all nearby. This property not only serves as a suitable family home but also holds significant promise for those looking to invest in a project with potential for value appreciation through thoughtful renovation.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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

Fifth Avenue, 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
£641
Based on a loan of £131,250 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.

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