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Shanklin Drive, Grantham

East Midlands

£135,000
Listed on 31/03/2026

Property Details

Bedrooms
4
Type
End Of Terrace
Area
973 sqft

Description

This extended four-bedroom property presents an excellent opportunity for those looking to invest in a home that requires modernization. Ideal for families, the layout includes a spacious dining kitchen and a generous living area, both of which have the potential to be transformed into stylish, contemporary spaces. The property boasts an additional bathroom and ample garden space, making it suitable for outdoor activities or future enhancements. With off-road parking available, convenience is at your doorstep. Located close to public transport links and local amenities in the heart of Grantham, this house not only offers room to grow but also a chance to add significant value through renovation. Given its current state, it is priced attractively for buyers seeking a project they can tailor to their needs. The property is being sold via modern auction methods and is available without any chain, making it an appealing choice for quick transactions.

Investment Analysis

(NG31 area)

Below Market Value

This property is priced -38.4% below area average per sq ft

-38.4%
Potential saving
This Property
£139/sq ft
Area Average
£225/sq ft
Avg Rent (weekly)
£176
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£241,139
10% above area average per sq ft
Potential ROI
+37.8%
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
18%
Properties sold annually

Local Market Trend (NG31)

Area prices are falling by -3.6% over the last 12 months
3 year growth: +0.4%
5 year growth: +12.2%
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

Shanklin Drive, Grantham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£478
Based on a loan of £101,250 over 30 years at 3.91% 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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