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Goldsmith Road, Grantham

East Midlands

£99,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached property in Grantham presents a promising opportunity for renovation and investment. Situated in a well-connected area with close proximity to local amenities, schools, and transport links, this home is ideal for families or first-time buyers looking to add value. The layout features a welcoming entrance hall leading to a spacious lounge, which flows into a bright dining room that connects conveniently to the kitchen. The ground floor also includes a convenient toilet. Upstairs hosts three bedrooms and a family bathroom, offering plenty of potential for reconfiguration or modernisation. The exterior boasts both front and rear gardens, providing ample outdoor space for development. Given the house's non-standard construction, it may require specific attention regarding financing options but offers significant prospects for those willing to invest time and resources into updates. This property is being sold with no onward chain, making it an attractive prospect for those ready to move quickly.

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 - £30,000
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

Goldsmith Road, 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
£363
Based on a loan of £74,250 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