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Barrack Square, Grantham

East Midlands

£110,000
Listed on 31/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
739 sqft

Description

This semi-detached Grade II listed property presents a notable investment opportunity for those looking to create their own space in a prime location near Grantham's town centre. The home features an open plan kitchen, dining, and living area on the ground floor, complemented by two bedrooms and a bathroom upstairs. While it currently requires renovation, this allows for customization and potential enhancement of its period features. The property also offers a parking space and a side courtyard garden, adding to its appeal. Conveniently located within walking distance to local amenities such as schools, parks, and transport links, this property is ideal for both residential use or rental investment. Restoration of this characterful residence could significantly increase its value given the area's strong demand.

Investment Analysis

(NG31 area)

Below Market Value

This property is priced -33.9% below area average per sq ft

-33.9%
Potential saving
This Property
£149/sq ft
Area Average
£225/sq ft
Avg Rent (weekly)
£181
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£183,187
10% above area average per sq ft
Potential ROI
+22.1%
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

Barrack Square, 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
£403
Based on a loan of £82,500 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