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George Street, Grantham, Lincolnshire, NG31

East Midlands

£80,000
Listed on 20/04/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This generously sized three-bedroom terraced property, offering over 1,100 sq ft of living space, is an attractive prospect for renovation enthusiasts and investors. Situated in the vibrant center of Grantham, the location benefits from close proximity to essential amenities, including shops, schools, and healthcare facilities, along with a convenient link to London via the nearby railway station. The layout consists of a lounge, separate dining room, and a kitchen on the ground floor, with potential for reconfiguration to enhance usability. Upstairs, two spacious double bedrooms share a family bathroom while an additional bedroom in the attic presents further flexibility. The exterior features a manageable courtyard garden that could be improved to create an inviting outdoor area. Modernization is required throughout the home, making it ideal for those looking to personalize or increase its market value through thoughtful renovations.

Investment Analysis

(NG31 area)
Area Average
£225/sq ft
Avg Rent (weekly)
£176
Avg Yield
4.0%

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
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

George Street, Grantham, Lincolnshire, NG31
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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
£283
Based on a loan of £60,000 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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