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Springfield Road, Grantham, Lincolnshire, NG31 - Image 1
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Springfield Road, Grantham, Lincolnshire, NG31

East Midlands

£95,000

Listed on 24/06/2026

Property details

Bedrooms
2
Type
Terraced
Area
861 sqft

Features

  • Garden

Description

This two-bedroom terraced home presents a valuable opportunity for those seeking a renovation project in the East Midlands. With a fresh perspective, this property allows for complete customization and modernization throughout. The current layout features a bright lounge at the front, a rear kitchen, and an additional utility room that could serve various purposes. A basement adds extra potential for storage or future development with the appropriate permissions. Upstairs, you'll find two spacious double bedrooms along with a family bathroom. There’s ample opportunity to rethink the interior layout to create an open-plan living area, introduce a downstairs WC, or fully update existing facilities. The south-facing garden holds promise for landscaping or converting into an inviting outdoor area conducive to relaxation and entertainment. With estimated rental yields of around 7.6% and the possibility of generating monthly income between £700-£750, this property is also appealing to buy-to-let investors looking to secure robust returns. The overall condition signals that significant renovations are necessary, offering substantial upside potential for those ready to undertake this project. This property stands as a blank canvas awaiting your vision and investment.

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Location

Springfield Road, Grantham, Lincolnshire, NG31
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Mortgage calculator

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£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£359
Based on a loan of £71,250 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

Price History

-9.5% since listed
£95,000£5,000(-5.0%)
16/07/2026
Current price
£100,000£5,000(-4.8%)
04/07/2026
£105,000Initial listing
24/06/2026

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