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Alexandra Road, Grantham

East Midlands

£99,999
Listed on 31/12/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This mid-terraced property, spanning three stories, presents an excellent opportunity for renovation enthusiasts and investors alike. With two spacious double bedrooms located on the first floor and an additional attic room, the layout is conducive to a variety of updates and modernisations. The ground floor features a lounge with an open fire, a separate dining room that opens into a compact kitchen, along with convenient downstairs facilities including a w.c. and bathroom. While the property is in need of significant updating throughout, it offers a blank canvas for creative refurbishments. An enclosed courtyard garden at the rear enhances the outdoor space potential. With no onward chain, this property is ideal for those looking to invest or first-time buyers eager for a project to transform into their ideal home.

Investment Analysis

(NG31 area)
Area Average
£225/sq ft
Avg Rent (weekly)
£181
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Alexandra 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
£366
Based on a loan of £74,999 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