Worst House on the Street Logo
Heathfield Road, Grantham - Image 1
Heathfield Road, Grantham - Image 2
Heathfield Road, Grantham - Image 3
Heathfield Road, Grantham - Image 4
Heathfield Road, Grantham - Image 5
Heathfield Road, Grantham - Image 6
Heathfield Road, Grantham - Image 7
Heathfield Road, Grantham - Image 8
Heathfield Road, Grantham - Image 9
Heathfield Road, Grantham - Image 10
Heathfield Road, Grantham - Image 11
Heathfield Road, Grantham - Image 12
Heathfield Road, Grantham - Image 13
Heathfield Road, Grantham - Image 14
Heathfield Road, Grantham - Image 15
Heathfield Road, Grantham - Image 16
Heathfield Road, Grantham - Image 17

Heathfield Road, Grantham

East Midlands

£120,000
Listed on 28/03/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
803 sqft

Description

This spacious three-bedroom ex-estate property presents a promising opportunity for those looking to invest in a renovation project. While the home currently requires full modernisation, it boasts essential amenities such as gas central heating and UPVC double glazing. The generous gardens at both the front and back, along with a driveway accommodating two vehicles, provide ample outdoor space for potential landscaping or extensions. Conveniently located near public transport routes and major roadways, the property offers easy access to the town centre of Grantham and its range of amenities including shops, schools, and recreational facilities. Notable local attractions like Belton House and Rutland Water enhance its appeal for families and outdoor enthusiasts alike. This property is ideal for buyers with a vision to create a contemporary living space that meets today’s standards while capitalising on its substantial layout.

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
£226/sq ft
Avg Rent (weekly)
£173
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£199,802
10% above area average per sq ft
Potential ROI
+24.9%
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
67%
Properties sold annually

Local Market Trend (NG31)

Area prices are stable by -0.1% over the last 12 months
3 year growth: +1.4%
5 year growth: +15.5%
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

Heathfield Road, Grantham
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£433
Based on a loan of £90,000 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.