Guide price
£125,000
(£150/sq. ft)
2 bed maisonette for saleHaddon Road, Grantham NG31
2 beds
1 bath
832 sq. ft
EPC Rating: C
- Shared ownership
- Chain free
- Leasehold
David Grace
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About this property
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
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
Kitchen (4.1m x 2.3m)
Living Room (4.3m x 4.2m)
WC (2m x 2m)
Bedroom 1 (5.2m x 4.4m)
Bedroom 2 (3.3m x 2.3m)
Bathroom (2.1m x 2.1m)
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More information
Tenure
Leasehold (108 years)
Service charge
Council tax band
A
Ground rent
£1,506
Ground rent date of next review