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Queensway, Grantham

East Midlands

£185,000

Listed on 19/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
853 sqft

Description

This three-bedroom semi-detached home presents a unique opportunity for renovation and potential expansion. Set in a desirable area, the property features an impressive south-facing garden which not only provides ample outdoor space but also offers prospects for further development, subject to the necessary planning permissions. The accommodation includes a living and dining area with direct access to the garden, a practical kitchen with utility space, and a family bathroom equipped with both a bath and shower. Upstairs, you'll find three well-sized bedrooms, each comfortable and ready for your personal touch. The property boasts off-road parking for up to three vehicles and benefits from owned solar panels that contribute to energy savings. Conveniently located near Grantham town centre, you will have easy access to essential amenities including schools, shops, and excellent transport links to London Kings Cross via the railway. This property is an excellent canvas for those looking to invest in a home with considerable potential for improvement and growth.

Investment Analysis

(NG31 area)

Below Market Value

This property is priced -2.9% below area average per sq ft

-2.9%
Potential saving
This Property
£217/sq ft
Area Average
£223/sq ft
Avg Rent (weekly)
£185
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£209,475
10% above area average per sq ft
Potential ROI
-6.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (NG31)

Area prices are falling by -3.1% over the last 12 months
3 year growth: +1.0%
5 year growth: +11.5%
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
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£699
Based on a loan of £138,750 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.

Stamp Duty Calculator

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