£80,000
(£128/sq. ft)
1 bed flat for saleHoughton Road, Grantham NG31
1 bed
1 bath
623 sq. ft
Added on
David Grace
.png){kind=logo}
About this property
One-Bedroom Duplex Apartment on Houghton Road - Close to Local Amenities and Train Station
No Service Charges
Ideal First Time or Investor Purchase
Potential Rental Income of £600 pcm and Yield of 9%
Spacious Lounge and Good-Sized Kitchen
Family Bathroom and Lots of Storage Space
Generous Double Bedroom
Opportunity to Modernise
On-Street Parking
EPC - tbc
Tenure: Leasehold
This one-bedroom duplex apartment on Houghton Road is an excellent opportunity for a first-time buyer looking to step onto the property ladder or an investor searching for a strong addition to their portfolio. While the property would benefit from some modernisation, it offers fantastic potential to create a stylish home or a rewarding investment.
The property is arranged over three levels, beginning with a private ground floor entrance hall, providing the perfect space for coats, shoes and everyday storage. On the first floor you'll find a spacious lounge, a well-proportioned kitchen and a bathroom with a newly fitted electric shower. The top floor is dedicated to a generous double bedroom, creating a separate and peaceful retreat.
For investors, the property could achieve an estimated rental income of £600 pcm, equating to an attractive 9% gross yield.
The property also benefits from convenient on-street parking.
No service charges payable.
Agents Note: Slight dampness in the bedroom, more investigation required.
Lounge (4.0m x 3.4m)
Kitchen (3.4m x 2.1m)
Bedroom (5.3m x 4.0m)
Zoopla tools
Stamp duty calculator
Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news
This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.
Local area information
Zoopla insights
Sign in and gain expert analysis to make informed decisions.