£110,000
(£136/sq. ft)
2 bed terraced house for saleSpringfield Road, Grantham NG31
2 beds
1 bath
1 reception
808 sq. ft
EPC Rating: E
- Freehold
David Grace
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About this property
2 Bedroom Terraced House on Springfield Road
Potential Rental Yield of 7.6%
Ideal for Renovation - a Blank Canvas for Improvement
Flexible Use - Live In, Rent Out or Flip for Resale
Separate Utility Room for Storage
Basement Storage - Ideal for Extra Space
2 Double Bedrooms
South- Facing Rear Garden
EPC - E
This two-bedroom terraced property on Springfield Road offers an exciting opportunity for investors, renovators, or first-time buyers looking to create a space of their own. Whether you're planning to live in it, flip it for resale, or rent it out, this property offers flexibility and strong investment potential. With an estimated rental income of £700–£750 pcm, the property could deliver a healthy rental yield of approximately 7.6%, making it an attractive addition to any buy-to-let portfolio.
The ground floor features a bright living room, kitchen, and a separate utility room. A useful basement provides valuable additional storage space. Upstairs, you'll find two generous double bedrooms and a family bathroom. There is also scope to reconfigure or extend-such as adding a downstairs bathroom or open-plan living-to maximise space and value, subject to planning.
To the rear, a private garden in need of tlc is an opportunity for landscaping or creating a low-maintenance outdoor area tailored to your style.
With solid fundamentals and plenty of potential, this is a fantastic opportunity to add value and make your mark. A little vision and care could transform this property into a beautiful home or a high-yield investment.
EPC Rating: E
Lounge (3.4m x 3.1m)
Kitchen (3.4m x 3.2m)
Bedroom 1 (3.4m x 3.1m)
Bedroom 2 (3.2m x 2.4m)
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