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7 George Street, Grantham NG31 6QL

East Midlands

£50,000Guide Price

Listed on 11/08/2026

Property details

Bedrooms
3
Type
Terraced

Features

  • Garden

Description

This versatile terrace house presents a significant investment opportunity, situated in the heart of Grantham, an area known for its accessibility and strong rental demand. Spanning four floors, the property requires some refurbishment throughout, allowing future owners to enhance its value or yield potential. With a projected rental income of approximately £12,000 per year for a traditional lett, or up to £20,000 if converted into serviced accommodation or HMO (subject to necessary planning permissions), this property is appealing for both seasoned investors and first-time buyers looking to add value. The layout includes three bedrooms and multiple living spaces, complemented by a rear garden that offers additional outdoor potential. Prospective purchasers are encouraged to assess the renovation work needed to bring this property to modern standards.

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Location

7 George Street, Grantham NG31 6QL
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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
£189
Based on a loan of £37,500 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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