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Pretoria Road, Gonerby Hill Foot, Grantham, Lincolnshire, NG31 8JQ - Image 1
Pretoria Road, Gonerby Hill Foot, Grantham, Lincolnshire, NG31 8JQ - Image 2
Pretoria Road, Gonerby Hill Foot, Grantham, Lincolnshire, NG31 8JQ - Image 3
Pretoria Road, Gonerby Hill Foot, Grantham, Lincolnshire, NG31 8JQ - Image 4
Pretoria Road, Gonerby Hill Foot, Grantham, Lincolnshire, NG31 8JQ - Image 5
Pretoria Road, Gonerby Hill Foot, Grantham, Lincolnshire, NG31 8JQ - Image 6
Pretoria Road, Gonerby Hill Foot, Grantham, Lincolnshire, NG31 8JQ - Image 7
Pretoria Road, Gonerby Hill Foot, Grantham, Lincolnshire, NG31 8JQ - Image 8
Pretoria Road, Gonerby Hill Foot, Grantham, Lincolnshire, NG31 8JQ - Image 9
Pretoria Road, Gonerby Hill Foot, Grantham, Lincolnshire, NG31 8JQ - Image 10
Pretoria Road, Gonerby Hill Foot, Grantham, Lincolnshire, NG31 8JQ - Image 11

Pretoria Road, Gonerby Hill Foot, Grantham, Lincolnshire, NG31 8JQ

East Midlands

£70,000
Listed on 31/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
809 sqft

Description

This three-bedroom mid-terrace property presents a valuable opportunity for those looking to invest or undertake a renovation project. Situated on Pretoria Road in the sought-after area of Gonerby Hill Foot, this home is in need of modernization but offers a blank canvas for creative transformation. The layout includes three generously sized bedrooms, making it suitable for families or individuals seeking additional space. The mid-terrace design fosters a sense of community while also ensuring privacy. The property boasts significant potential for uplifting its appeal and value, especially in the competitive rental market. With vision and some renovation work, this space can be reimagined into a stylish living environment. Viewing this property is essential to fully grasp its investment prospects and renovation possibilities.

Investment Analysis

(NG31 area)

Below Market Value

This property is priced -61.6% below area average per sq ft

-61.6%
Potential saving
This Property
£87/sq ft
Area Average
£225/sq ft
Avg Rent (weekly)
£181
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£200,539
10% above area average per sq ft
Potential ROI
+91.0%
After renovation
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

Pretoria Road, Gonerby Hill Foot, Grantham, Lincolnshire, NG31 8JQ
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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
£256
Based on a loan of £52,500 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