2 Bedroom Apartment, Haddon Road, Grantham, NG31
Haddon Road, Grantham, NG31
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David Grace Estate Agents
71 High Street, Grantham
Description
Situated in the sought-after Springfield area of Grantham, this spacious 2 bedroom maisonette, benefitting from a separate garage is a fantastic opportunity for first-time buyers looking for a place to truly make their own.
Recently refreshed with a full repaint, offering a clean, bright canvas. Buyers will need to install their own flooring, giving them the freedom to finish the home to their own style.
Just a short walk from the town centre and train station, the location offers the perfect blend of peace and convenience, ideal for commuters.
For investors, the property currently achieves a rent of £725 per month, with a yield of 6.96%. There is potential to increase rental income to around £750 per month, delivering a yield of approximately 7.2%.
On the ground floor, a welcoming entrance hall provides space to neatly store coats and shoes.
The first floor features a generous lounge with space for both seating and a home office. The modern kitchen/diner is ideal for entertaining or cosy evenings in. A convenient WC is also located on this floor.
Upstairs, the main bedroom includes built-in wardrobes and ample storage, while the second double bedroom is ideal as a guest room or workspace. A modern family bathroom completes the layout.
Additional benefits include a private garage, and long leasehold tenure.
This property is available to purchase as a 25% shared ownership home, offering an affordable route onto the property ladder in a desirable location.
Lease granted on 20/12/2007 for 999 years
The new owner will pay rent of £406.73/month to Amplius for the remaining 75% share
A monthly service charge of £125.51 and management charge of £17.08 are also payable
Whether you're stepping onto the property ladder through shared ownership or looking for a fully owned investment, this well-located maisonette offers excellent value, flexibility, and potential in a popular part of Grantham.
EPC Rating: C
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Key Features
- Available under Shared Ownership or Full ownership
- Spacious 2 Bedroom Maisonette in popular Springfield Area
- Great for First-Time Buyers Looking to Get on the Property Ladder
- Freshly Painted - Ready for Personal Finishing Touches
- Private Garage for Storage and Parking
- Waking Distance to Town Centre and Train Station
- Long Leasehold for Peace of Mind
- Strong Investment Potential - up to a 7.2% yield
- Sold with No Onward Chain
- EPC - C
Property Details
- Property type: Apartment
- Price Per Sq Foot: £150
- Approx Sq Feet: 832 sqft
- Plot Sq Feet: 1,001 sqft
- Property Age Bracket: 2000s
- Council Tax Band: A
- Tenure: Leasehold
- Lease Expiry: 23/09/2133
- Ground Rent: £1,506.12 per year
- Service Charge: Not Specified
Rooms
Entrance Hall
Landing
Kitchen
4.10m x 2.30m
Living Room
4.30m x 4.20m
WC
2.00m x 2.00m
Bedroom 1
5.20m x 4.40m
Bedroom 2
3.30m x 2.30m
Bathroom
2.10m x 2.10m
Floorplans
Parking Spaces
Garage
Capacity: N/A
Off street
Capacity: N/A
Driveway
Capacity: N/A
Location
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