Worst House on the Street Logo
Fourth Avenue, Grantham - Image 1
Fourth Avenue, Grantham - Image 2
Fourth Avenue, Grantham - Image 3

Fourth Avenue, Grantham

East Midlands

£130,000Guide Price

Listed on 10/10/2026

The listing

Property details

Bedrooms
2
Type
Detached Bungalow

Features

  • Garden
  • Parking

Description

Offered through the Modern Method of Auction, this detached two-bedroom bungalow occupies a corner plot in Grantham, with front and rear gardens, a side driveway and newly installed rear fencing. The accommodation includes an entrance porch and hall, a large lounge, a kitchen, two bedrooms, a shower room and a conservatory accessed from the second bedroom. The property is described as needing modernisation and updating, providing scope for a purchaser to refresh the existing accommodation. The lounge has a front bay window, a further side window and a fireplace. The kitchen has fitted floor and wall units, a sink and space for appliances. The conservatory has garden access and includes a wash basin and a separate WC cupboard. The listing notes a bus route to Grantham town centre and nearby local amenities, with the A1 and A52 also accessible. Grantham offers a wider range of shops and services and a railway station on the East Coast Main Line. The auction terms include a reservation agreement and a non-refundable reservation fee of 4.5% of the purchase price including VAT, subject to a stated minimum fee. A buyer information pack is available, and prospective bidders should check its contents and confirm the applicable fees and terms before proceeding.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

51out of 100
Grade DWeak opportunity

Confidence: LOW

This detached bungalow offers a manageable cosmetic project, with a spacious lounge, conservatory, two bedrooms and attractive corner-plot gardens. Older carpets, wood panelling and dated kitchen fittings give a buyer scope to refresh the finishes and tailor the home, while the shower room, garden and exterior appear comparatively well kept in the photographs. The suggested renovation range is £8,000–£18,000.

The score is 51/100 (Grade D, Weak Opportunity). Value versus local £/sqf cannot yet be judged because the floor area is missing, and the available information is not enough to assess residual value after the works. The listing describes a modern method of auction; bidding can take the hammer above the guide, so the eventual price may not stay as cheap as the stated figure.

Key opportunities

  • Refresh the lounge and bedrooms by replacing older carpets and updating the wood panelling and finishes.
  • Modernise the dated kitchen, including completing the lower-unit area where pipework is exposed.
  • Make use of the spacious lounge, conservatory, driveway and established corner-plot gardens.

Key risks

None recorded.

Unlock the full analysis

Sign up to see the refurb profile, below-market value, yields, and local market trends for this and every other property that has them.

Sign up free

Already have an account? Sign in

Interested in similar properties?

Create an alert and we'll notify you when similar renovation opportunities are listed.

Sign in to create alert

Map

Location

Fourth Avenue, Grantham
Loading map...

Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£491
Based on a loan of £97,500 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.

Tax

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

Services

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.