Worst House on the Street Logo
Aire Road, Grantham, Lincolnshire, NG31 - Image 1
Aire Road, Grantham, Lincolnshire, NG31 - Image 2
Aire Road, Grantham, Lincolnshire, NG31 - Image 3
Aire Road, Grantham, Lincolnshire, NG31 - Image 4
Aire Road, Grantham, Lincolnshire, NG31 - Image 5
Aire Road, Grantham, Lincolnshire, NG31 - Image 6
Aire Road, Grantham, Lincolnshire, NG31 - Image 7
Aire Road, Grantham, Lincolnshire, NG31 - Image 8
Aire Road, Grantham, Lincolnshire, NG31 - Image 9
Aire Road, Grantham, Lincolnshire, NG31 - Image 10

Aire Road, Grantham, Lincolnshire, NG31

East Midlands

£122,000
Listed on 11/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
906 sqft

Description

Located on Aire Road in Grantham, this three-bedroom semi-detached property offers a promising opportunity for those looking to undertake a full renovation. The home requires comprehensive modernisation, making it an ideal blank canvas for buyers who wish to craft a tailored family residence or an attractive investment property. The layout features a generously sized lounge diner that allows for flexible living and dining arrangements, as well as a kitchen which presents possibilities for reconfiguration to meet contemporary standards. Additionally, the property includes a utility space that can be utilised for extra storage or accommodation of appliances. On the first floor, you will find three adequately sized bedrooms alongside a separate bathroom and WC, ensuring functional living spaces are available. The external area boasts a rear garden ripe for landscaping enhancements or outdoor leisure activities, allowing potential buyers to fully maximise the outdoor space on offer. This residence is positioned in a sought-after neighbourhood with significant scope for enhancement, making it particularly suited for individuals eager to increase its value while realising their own design vision.

Investment Analysis

(NG31 area)

Below Market Value

This property is priced -39.3% below area average per sq ft

-39.3%
Potential saving
This Property
£135/sq ft
Area Average
£222/sq ft
Avg Rent (weekly)
£178
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£221,096
10% above area average per sq ft
Potential ROI
+36.5%
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

Aire Road, Grantham, Lincolnshire, NG31
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£435
Based on a loan of £91,500 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

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.