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Primrose Way, Grantham NG31

East Midlands

£160,000
Listed on 29/04/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This three-bedroom semi-detached house offers excellent potential for first-time buyers and investors alike. Situated in a sought-after area of the East Midlands, this property is currently in need of modernisation, allowing you to tailor it to your personal taste and requirements. The layout includes an entrance hall that leads into a lounge with ample natural light from French doors opening to the rear garden. The kitchen/breakfast area is functional but could benefit from updates to maximize space and comfort. Upstairs, there are three well-proportioned bedrooms and a family bathroom, all presenting opportunities for improvement or reconfiguration. Externally, the front features a small block-paved area, while the enclosed rear garden offers privacy and access to a garage through a side gate. Given that this home is sold with no onward chain, it's an attractive proposition for those ready to invest time into creating their ideal living space or rental unit.

Investment Analysis

(NG31 area)
Area Average
£225/sq ft
Avg Rent (weekly)
£176
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
62
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (NG31)

Area prices are falling by -3.6% over the last 12 months
3 year growth: +0.4%
5 year growth: +12.2%
Investment Disclaimer: Analysis based on NG31 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

Primrose Way, Grantham NG31
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£567
Based on a loan of £120,000 over 30 years at 3.91% 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

Price History

-11.1% since listed
£160,000£10,000(-5.9%)
13/04/2026
Current price
£170,000£10,000(-5.6%)
18/02/2026
£180,000Initial listing
16/12/2025

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