Worst House on the Street Logo
Main Street, Hougham, Grantham NG32 - Image 1
Main Street, Hougham, Grantham NG32 - Image 2
Main Street, Hougham, Grantham NG32 - Image 3

Main Street, Hougham, Grantham NG32

East Midlands

£270,000
Listed on 11/12/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This detached two-bedroom bungalow presents a rare opportunity for those looking to invest in a property with significant potential for enhancement and expansion. Nestled in a tranquil village setting, the home boasts charming front gardens and serene field views from the rear, creating a peaceful atmosphere. The interior features a thoughtful layout with a spacious entrance hall leading to a lounge, an additional reception room with access to the garden, and a practical kitchen with utility space. Both bedrooms are generously sized, providing ample living space. While the property is well-maintained, prospective buyers might consider modernizing elements such as the bathroom and kitchen to reflect contemporary tastes. Externally, there is noteworthy potential for an extension (subject to planning consent), capitalizing on the expansive gardens and driveway that can accommodate multiple vehicles. Conveniently located within reach of local amenities in nearby towns such as Grantham, Sleaford, and Newark, this bungalow combines rural charm with investment potential for future growth.

Investment Analysis

(NG32 area)
Area Average
£259/sq ft
Avg Rent (weekly)
£269
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (NG32)

Area prices are rising by +5.4% over the last 12 months
3 year growth: -2.2%
5 year growth: 11.0%
Investment Disclaimer: Analysis based on NG32 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Main Street, Hougham, Grantham NG32
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£989
Based on a loan of £202,500 over 30 years at 4.19% 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE