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Mossdale Close, Grantham

East Midlands

£230,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
987 sqft

Description

This detached home, nestled in a sought-after cul-de-sac on the outskirts of Grantham, presents an excellent opportunity for renovation and investment. With three reception areas, including a lounge, dining room, and an additional study that was converted from part of the garage, this property is full of potential. While the kitchen and utility space are functional, they could greatly benefit from modern updates to enhance their usability and aesthetic appeal. The three bedrooms provide ample space for family living, but updating the bathroom and en-suite will add significant value. The external areas include a driveway for off-street parking and gardens front and rear, which can be revitalized into inviting outdoor spaces. As the property stands within a reasonable distance to local amenities and schools, it is well-positioned for both families and investors alike. This home offers a blank canvas awaiting your creative touch to bring it into the modern era.

Investment Analysis

(NG31 area)

Above Market Value

This property is priced +3.5% above area average per sq ft

+3.5%
This Property
£233/sq ft
Area Average
£225/sq ft
Avg Rent (weekly)
£178
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£244,391
10% above area average per sq ft
Potential ROI
-4.2%
After renovation
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
73%
Properties sold annually

Local Market Trend (NG31)

Area prices are stable by +0.1% over the last 12 months
3 year growth: +1.9%
5 year growth: +16.4%
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

Mossdale Close, Grantham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£830
Based on a loan of £172,500 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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