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Mossdale Close, Grantham

East Midlands

£235,000
Listed on 01/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
987 sqft

Description

This detached house, situated in the sought-after Manthorpe Estate on the outskirts of Grantham, is a promising opportunity for those looking to invest in renovations. Nestled at the end of a quiet cul-de-sac, the property features three reception areas along with a kitchen and utility room, offering ample space for a family. With three bedrooms and a bathroom upstairs, it provides a solid layout that can be enhanced with modern updates. The home includes off-road parking and gardens both at the front and back, making it ideal for outdoor enthusiasts or families seeking recreational space. Located within walking distance to schools and local amenities, plus convenient transport links to Grantham town centre, this property holds significant potential for renovation and value enhancement. Some modernization is required throughout which presents an excellent chance for buyers to personalize their new home.

Investment Analysis

(NG31 area)

Above Market Value

This property is priced +5.7% above area average per sq ft

+5.7%
This Property
£238/sq ft
Area Average
£225/sq ft
Avg Rent (weekly)
£181
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£244,662
10% above area average per sq ft
Potential ROI
-5.9%
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

Mossdale Close, 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
£861
Based on a loan of £176,250 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE