Guide price
£150,000
4 bed terraced house for saleCommercial Road, Grantham NG31
4 beds
1 bath
1 reception
EPC Rating: E
Added on
About this property
No chain
4 Bedrooms
Town Centre Location
Perfect For Investors
Four Floors
Proven HMO - Achieving £1,720 per month
Secure My Sale Estate Agents are delighted to bring this four bedroom, mid-terraced property to the market. Nestled in the heart of Grantham on Commercial Road, this impressive house presents a compelling opportunity for seasoned investors and first-time landlords alike, whilst equally lending itself as a spacious and characterful family home. Arranged thoughtfully across three floors, the property offers four well-proportioned bedrooms, providing flexible living arrangements to suit a broad range of buyers and tenants.
The ground floor welcomes you with a generous reception room, creating a warm and inviting space ideal for relaxed family living or entertaining. A substantial cellar further enhances the appeal of this property, offering excellent storage capacity or, subject to the relevant consents, the exciting potential for further development and added value.
With a proven track record as a successful House in Multiple Occupation, the property has previously generated a rental income of £430 per room per month - equating to £1,720 per calendar month and an impressive £20,640 per annum. For investors seeking strong and reliable yields, this represents an outstanding ready-made opportunity in a consistently high-demand rental location.
Positioned in a prime central location, the property benefits from exceptional convenience, sitting within Grantham's town centre, a short walk from excellent range of local amenities, and the mainline train station - offering swift rail connections to London Kings Cross in just over an hour
Whether you are looking to expand your investment portfolio, establish a high-yielding HMO, or secure a characterful and spacious family home in a superb central position, this property warrants serious consideration.
Don't miss out on the chance to make this exquisite property yours! Contact us to book a viewing now.
Your dream home awaits on Commercial Road...
Ground Floor
Kitchen - 2.03m x 4.13m (6'8" x 13'7")
A wonderfully light-filled kitchen, creating a fresh and airy space for everyday living.
Lounge Diner - 3.66m x 3.64m (12'0" x 11'11")
Beautifully bright and airy, this spacious lounge offers a superb space for both relaxing and entertaining.
Bedroom 4 - 3.55m x 3.56m (11'8" x 11'8")
A wonderfully adaptable room that lends itself perfectly as a bedroom, lounge, or dining space - ideal for modern and flexible living.
First Floor
Main Bedroom - 4.19m x 3.64m (13'9" x 11'11")
A superb and expansive bedroom, providing exceptional space and a wonderfully restful retreat for any occupant.
Bedroom 3 - 4.19m x 3.59m (13'9" x 11'9")
A generously sized bedroom providing ample space, ideal for family members or guests alike.
Second Floor
Bathroom - 3.67m x 2.54m (12'0" x 8'4")
An impressively spacious family bathroom, fitted with a full-sized bath, double sink unit, and WC, providing a bright and functional retreat for everyday living.
Bedroom 2 - 4.17m x 3.60m (13'8" x 11'10")
A further spacious and well-presented bedroom, providing a peaceful and roomy retreat for any occupant.
Cellar - 3.64m x 3.64m (11'11" x 11'11")
A generously sized cellar providing excellent storage capacity, whilst offering exciting potential for further development or conversion to suit your needs, subject to consents.
Outside
A pleasantly lengthy rear garden offering excellent outdoor space, complete with a useful storage shed.
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