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Princess Drive in Grantham

East Midlands

£170,000
Listed on 25/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
860 sqft

Description

This three-bedroom semi-detached property presents a promising opportunity for renovation enthusiasts and potential investors. The layout includes a spacious entrance hall leading to a comfortable lounge and a separate dining room, perfect for family gatherings. The kitchen offers practical understairs storage and access to an outdoor area. Upstairs, you will find three generously sized bedrooms alongside a separate WC and a wet room, which could be modernized to meet contemporary standards. Outside, the property features a driveway with off-road parking for multiple vehicles and a rear garden that boasts both lawn and patio areas—ideal for future landscaping or entertainment enhancements. Additionally, there is an outbuilding suitable for extra storage or as a workshop. With its solid foundation and great outdoor space, this home is ripe for modernization to suit personal tastes while adding value.

Investment Analysis

(NG31 area)

Below Market Value

This property is priced -12.2% below area average per sq ft

-12.2%
Potential saving
This Property
£198/sq ft
Area Average
£225/sq ft
Avg Rent (weekly)
£178
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£212,945
10% above area average per sq ft
Potential ROI
+3.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Princess Drive in 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
£613
Based on a loan of £127,500 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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