1 Bedroom End of Terrace House, Manthorpe Road, Grantham, NG31
Manthorpe Road, Grantham, NG31
Description
A fantastic opportunity for investors! This 1-bedroom cottage is ideally situated in a well-connected area of Grantham, offering convenience and strong rental appeal.
With a tenant already in place on a Periodic Assured Shorthold Tenancy Agreement, it offers immediate rental income from day one. It is currently rented at £435 pcm with a rental yield of 7.46%. With renovations the potential rent could be £600 pcm with a rental yield of 10.29%.
This is a rare chance to acquire a freehold property in an increasingly popular area, with strong potential for future returns
Virtual Tour
Key Features
- Tenant in situ- ideal for buy-to-let investors
- Currently rented at £435pcm with a rental yield of 7.46%
- Potential rent (with renovations) £600 with a rental yield of 10.29%
- EPC Rating- TBC
- Excellent Location close to Grantham Town Centre
- Character Beams Throughout
- Views over Wyndham Park
- End of Terrace Cottage
- Scope for refurbishment and capital growth
Property Details
- Property type: House
- Property style: End of Terrace
- Approx Sq Feet: 406 sqft
- Plot Sq Feet: 452 sqft
- Council Tax Band: A
Rooms
Bedroom
3.40m x 3.10m
Bathroom
2.80m x 2.40m
Kitchen
2.80m x 2.40m
Living Room
3.40m x 3.10m
Floorplans
Location
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By David Grace Estate Agents