3 bed terraced house for sale

7 George Street, Grantham NG31

For sale by auction on Monday, 07 Sep 2026 at 13:00

Venue: Regional Online

Situation

The property is situate on George Street, Grantham, a popular and central area of this well regarded town, within close reach of a wide range of local facilities and amenities. Grantham itself offers excellent access to the surrounding towns and general area, along with direct rail link to London Kings Cross, and road access via the A1.

Description

A wonderful opportunity to acquire this well proportioned and versatile terrace house, offered for sale with accommodation over 4 floors, and providing an ideal investment or development opportunity to the purchaser. The property is in need of some improvement works throughout, but offers scope to add value or generate a strong yield in this area of strong rental demand. Potential income of circa £12,000 per annum as a single let in good order, or circa £20,000 per annum as a serviced accommodation or HMO (subject to planning permissions being granted).

Accommodation
Lower Ground Floor

Cellar

Ground Floor

Entrance Hall

Lounge

Dining Room

Kitchen

First Floor

Bedroom 1

Ensuite

Bedroom 2

Family Bathroom

Second Floor

Bedroom 3

Outside

Rear garden

Material Information
Please copy and paste the link below into your browser for a full breakdown of material information for this property


Tenure:

The property is freehold. All prospective bidders should satisfy themselves of terms of the tenure, ground rent and service charge if applicable, by inspecting the legal pack.

Council Tax:

The property falls within South Kesteven Council – band A

Viewing:

Strictly by appointment with Auction House.

Services:

Prospective purchasers are advised to make their own enquiries of the relevant statutory authorities. Nb: Services, Apparatus and Equipment have not been tested by Auction House and therefore cannot be verified as being in working order. The buyer is advised to obtain verification from their Solicitor/Surveyor.

These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract. Information relating to Rating and Town and Country Planning matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate Authority. Information relating to Phone & Broadband can be found by visiting Ofcom. All measurements, areas and distances are approximate only. Potential purchasers are advised to check them. Any potential rental incomes are approximate based on Rightmove data at the time of preparing the details and bidders are advised to check with a local agent for an accurate valuation.

EPC Rating: E

Additional Fees
Administration Charge - £3600 inc VAT payable on exchange of contracts.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.