Hill Avenue, Grantham, NG31
East Midlands
£200,000
Listed on 24/10/2026
Listed on 24/10/2026
The listing
Property details
Bedrooms
3Type
Semi DetachedArea
958 sqftFeatures
- Garden
- Parking
Description
This three-bedroom semi-detached house is set on a generous plot in Grantham and offers scope for a comprehensive programme of modernisation. The two-storey accommodation comprises two reception rooms, a kitchen and a family bathroom, with the existing layout providing a basis for future improvements.
Gardens extend to the front and rear, and the property also has off-road parking. The listing describes nearby schools, Wyndham Park and bus services, with Grantham station and road links providing connections to surrounding towns and wider commuter routes. Mains water, gas, electricity and drainage are connected. The property is rated EPC D.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
52out of 100
Grade DWeak opportunity
Confidence: MEDIUM
This three-bedroom semi offers a clear renovation canvas: the photographed interiors have dated decoration and flooring, with a particularly old-fashioned kitchen and bathroom, while the two reception rooms give scope to refresh the existing layout. The substantial, established rear garden, front garden and off-road parking add appeal, and the £200,000 asking price works out at £209/sq ft, below the local average of £223/sq ft.
The overall opportunity is held back by the project economics. Adding the £36,000–£65,000 refurbishment range to the asking price puts the likely spend at roughly £236,000–£265,000 before fees, which is stretched against the local benchmark of about £214,000 for this floor area. That benchmark is not a post-renovation value forecast, so the figures point to a need for careful budgeting and a convincing plan for the finished home.
Key opportunities
- Refresh the two reception rooms and dated finishes to give the existing layout a more contemporary feel.
- Replace the visibly dated kitchen and bathroom as part of a coordinated interior update.
- Make the most of the substantial rear garden, established boundaries and off-road parking.
Key risks
- The £36,000–£65,000 works range would bring purchase-plus-refurbishment costs to roughly £236,000–£265,000 before fees, above the local floor-area benchmark of about £214,000; the budget and finished-home value need careful testing.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£756
Based on a loan of £150,000 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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