Edward Street, Grantham, NG31
East Midlands
£155,000
Listed on 15/10/2026
Listed on 15/10/2026
The listing
Property details
Bedrooms
3Type
TerracedArea
942 sqftFeatures
- Garden
Description
This three-bedroom terraced house is offered with no onward chain and is situated close to Grantham town centre, with shops, schools and transport links a short drive away. The ground floor has a lounge, a separate dining room with access to the garden, and a kitchen with an adjoining utility room. A half-cellar provides additional storage space.
Two bedrooms and a large bathroom are on the first floor, with the third bedroom on the second floor and featuring a Velux window. The flexible layout and existing accommodation offer scope for a buyer to make changes to suit their needs. The property has an EPC rating of E.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
78out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £155,000, this three-bedroom terrace is priced at about £165 per sq ft, well below the local average of £223 per sq ft—an attractive entry point for a buyer looking to acquire and add value. The photographed rooms are generally clean and usable, so the work looks more like a light, targeted refresh than a full renovation: the older bathroom finishes offer a clear place to put your stamp on it, with optional garden tidying too.
The separate dining room opens directly onto the rear garden, and the top-floor bedroom with its Velux window adds flexibility to the layout. The asking price plus the stated renovation midpoint is £159,750; the comparison with the local average is a useful benchmark, not a renovated sale-value estimate, and excludes fees and stamp duty.
Key opportunities
- Acquire at a notably lower asking price per square foot than the local average.
- Refresh the older bathroom finishes while retaining the generally clean, usable feel of the photographed rooms.
- Make use of the separate dining room’s direct garden access and the bright, flexible top-floor bedroom.
Key risks
None recorded.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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£
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£586
Based on a loan of £116,250 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.
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