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Queensway, Grantham, NG31

East Midlands

£220,000
Listed on 29/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
970 sqft

Description

Situated on a spacious corner plot, this three-bedroom semi-detached residence presents an excellent opportunity for renovation and personalisation. Families looking to invest in a property with potential will appreciate the generous living space that this home offers. Entering the house reveals a welcoming atmosphere, highlighted by a roomy lounge that features French doors leading to the patio, effectively melding indoor comfort with outdoor enjoyment during warmer months. The separate dining area is conducive to family gatherings and entertaining visitors, while the kitchen, although functional, invites modernisation to suit contemporary lifestyles. A utility room adds practicality to everyday living, complemented by a convenient downstairs WC. The conservatory at the rear is an attractive asset that overlooks the expansive garden—ideal for relaxation or as a creative space for morning routines. On the upper level, two sizeable double bedrooms including a master suite with built-in wardrobes provide comfortable retreats. The third bedroom, a well-sized single also equipped with built-in storage, is versatile enough for use as a nursery or home office. The family bathroom features both a bathtub and shower—a great asset for busy mornings. The exterior is where this property truly holds its value. The large garden encircling the home offers numerous options for enhancement—be it through extensions (subject to planning permission), creating outdoor entertaining areas, or simply enjoying the privacy of extensive green space. A driveway adds further convenience to this appealing family home.

Investment Analysis

(NG31 area)

Above Market Value

This property is priced +2.2% above area average per sq ft

+2.2%
This Property
£227/sq ft
Area Average
£222/sq ft
Avg Rent (weekly)
£178
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£236,714
10% above area average per sq ft
Potential ROI
-7.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
55
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (NG31)

Area prices are falling by -3.6% over the last 12 months
3 year growth: +0.3%
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

Queensway, Grantham, NG31
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£785
Based on a loan of £165,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

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