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Mossdale Close, Grantham NG31 - Image 1
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Mossdale Close, Grantham NG31

East Midlands

£235,000
Listed on 27/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
987 sqft

Description

This detached family home, situated in a sought-after cul-de-sac within Grantham's popular Manthorpe Estate, presents an appealing opportunity for renovation and investment. The property comprises three reception rooms, a kitchen with a utility room, three bedrooms, and a family bathroom. Although the house requires modernisation and decorative updates, it offers a solid foundation with multiple living spaces that can be revitalised to meet contemporary standards. The driveway provides off-road parking while the gardens at both front and rear offer potential for landscaping and outdoor enhancements. With close proximity to local schools, shops, and transport links to the town centre as well as the A1 road, this home not only holds promise for personalisation but also stands as a strategic investment in an area with strong community amenities. Given its location near recreational facilities like parks and leisure centres, this property is ideal for families seeking a long-term residence or savvy investors looking to increase value through refurbishment.

Investment Analysis

(NG31 area)

Above Market Value

This property is priced +5.7% above area average per sq ft

+5.7%
This Property
£238/sq ft
Area Average
£225/sq ft
Avg Rent (weekly)
£181
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£244,662
10% above area average per sq ft
Potential ROI
-11.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
59
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (NG31)

Area prices are stable by +1.5% over the last 12 months
3 year growth: 3.5%
5 year growth: 18.1%
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

Mossdale Close, Grantham NG31
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£861
Based on a loan of £176,250 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.

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