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Lodge Way, GRANTHAM

East Midlands

£315,000
Listed on 03/03/2026

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom dormer-style residence presents a compelling opportunity for renovation and expansion in a desirable area of Grantham. With its spacious layout across two levels, the home features a lounge that opens to a garden room, a versatile reception space that could serve as an additional bedroom, and a downstairs shower room. The upstairs comprises two well-sized bedrooms, including a master with an en-suite. Situated on a generous plot, this property benefits from front, side, and rear gardens as well as off-road parking for multiple vehicles and a single garage equipped with an electric door. Notably, there is significant potential for extending the footprint of the home to enhance living space further, subject to obtaining necessary planning permissions. Given its proximity to town amenities, parks, and transport links, this property is an ideal candidate for investors or families seeking to create their dream home through thoughtful renovations.

Investment Analysis

(NG31 area)
Area Average
£226/sq ft
Avg Rent (weekly)
£173
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
62
Average per month
Market Turnover
67%
Properties sold annually

Local Market Trend (NG31)

Area prices are stable by -0.1% over the last 12 months
3 year growth: +1.4%
5 year growth: +15.5%
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

Lodge Way, GRANTHAM
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,136
Based on a loan of £236,250 over 30 years at 4.06% 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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