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Hillside Drive, Grantham, NG31

East Midlands

£270,000
Listed on 31/12/2025

Property Details

Bedrooms
2
Type
Detached house

Description

Situated in the desirable Eatch estate, this well-sized detached bungalow presents a promising investment opportunity for those looking to undertake some renovation work. The property features a functional layout including an entrance hall, generous 'L' shaped lounge diner with sliding patio doors leading to a conservatory, two bedrooms, and a family bathroom. While modernisation is required, the spacious interior and good-sized rear garden provide ample potential for enhancement. Additionally, the integral single garage adds practical value. This home is sold with no onward chain, making it an appealing choice for buyers ready to transform it into their dream residence or rental property.

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

Hillside Drive, Grantham, NG31
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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
£989
Based on a loan of £202,500 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