Queensway, Grantham, NG31
East Midlands
£220,000
Listed on 23/10/2026
Listed on 23/10/2026
The listing
Property details
Bedrooms
3Type
Semi DetachedArea
970 sqftFeatures
- Garden
- Parking
Description
This three-bedroom semi-detached house in Grantham is arranged with a lounge, separate dining room, kitchen, utility room, downstairs WC and conservatory. French doors connect the lounge to the patio, while the conservatory looks out over the rear garden. Upstairs are two double bedrooms and a single bedroom, with built-in storage noted in the main bedroom and third bedroom, plus a family bathroom with a separate bath and shower. The property has a driveway and occupies a corner plot with a substantial garden. The outdoor space may offer scope for changes or additions, subject to planning and other necessary checks.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
56out of 100
Grade DWeak opportunity
Confidence: MEDIUM
This is a light, manageable project rather than a full refurb: the rooms shown look usable, with dated or strongly patterned finishes offering scope for a cosmetic refresh. The standout is the generous corner-plot garden, with patio, established planting, sheds and a summerhouse; tidying the lawn and fencing could make it a more polished outdoor space, while any extension ideas would need planning and feasibility checks.
At £220,000, the asking price is slightly above the local average on a £/sqf basis, so price is the main constraint on the opportunity. The fundamentals are good and the visible exterior appears broadly intact, but the overall economics are not especially compelling at this level.
Key opportunities
- Refresh the dated wallpaper, textured ceilings and mixed decorative finishes while keeping the usable rooms in service.
- Improve the large garden by cutting back overgrown areas and repairing or replacing weathered fencing; the patio, planting and existing summerhouse provide a useful starting point.
- Explore the corner plot’s extension potential, subject to planning permission and checks on feasibility.
Key risks
- The asking price is slightly above the local £/sqf average, which limits the value and overall economics.
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Finance
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£831
Based on a loan of £165,000 over 30 years at 4.45% 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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