William H. Brown says ..
Attention Investors & First Time Buyers. Three Double Bedroom traditional mid terrace house with scope to improve. Please contact William H Brown to view. GREAT RENTAL RETURN OF APPROX - £800 - £850 P.MTH (Subject to the property being cosmetically updated)
Property Oracle says ..
This three-bedroom terraced house on Edward Street in Grantham presents a mixed bag of opportunities and challenges for potential buyers. The property’s location is a strong point, with good access to transport links via Grantham’s train station and proximity to several well-regarded schools. The small rear garden offers additional space but currently requires attention. However, the property requires significant work. Images reveal the interior needing updating and renovation. The bathrooms and kitchen are outdated and cluttered. Water damage in the attic points to potential structural issues which will need addressing. The £115,000 list price might be reasonable when taking location and nearby property prices into consideration, especially given the need for extensive renovations. A thorough survey is essential for prospective buyers to assess the extent of necessary repairs and accurately evaluate the property’s overall value before making an offer. Buyers should budget for considerable renovation costs. The property is suitable for someone looking for a project, with the potential to add value through improvements, rather than a move-in-ready option.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 4
- Location
- 7
- Land
- 3
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 780.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 161,250.00 £Decreased by 15.31 %
- Est sale value
- 157,560.00 £Increased by 46.38 %
- Average area rental value
- 716.00 £/moIncreased by 3.17 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 5.33 %Increased by 21.97 %
- Crime Rate
- 31.00 %Unchanged by 0.00 %
Agent Activity
William H. Brown marked this listing as sold.
William H. Brown created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Anne'S Church Of England Primary School, Grantham | Voluntary Controlled School | Good | 0.61 KM |
| Greenfields Academy | Academy Special Converter | Good | 0.70 KM |
| Dudley House School | Other Independent School | Good | 0.85 KM |
| Grantham Preparatory International School | Other Independent School | 1.10 KM | |
| Grantham College | Further Education | Good | 1.16 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Station Road East | £ 0 | 0 | 0.00 KM |
| B1174 | £ 68,750 | 0 | 0.00 KM |
| Cheveley Park | £ 0 | 0 | 0.00 KM |
| Gorse Lane | £ 375,000 | 0 | 0.00 KM |
| Bath Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Grantham | 6469 | GRA | 1.04 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Edward Street, Grantham | £ 150,000 | BUY | 5 / 10 | 0.00 KM |
| Edward Street, Grantham | £ 190,000 | BUY | Unknown | 0.00 KM |
| Edward Street, Grantham, NG31 | £ 130,000 | BUY | 6 / 10 | 0.00 KM |
| Edward Street, Grantham | £ 130,000 | BUY | 6 / 10 | 0.00 KM |
| Edward Street, GRANTHAM | £ 115,000 | BUY | 6 / 10 | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 40 Edward Street | £ 125,000 | 0.01 KM |
| 116 Edward Street | £ 79,000 | 0.01 KM |
| 120 Edward Street | £ 90,500 | 0.01 KM |
| 74 Edward Street | £ 114,200 | 0.01 KM |
| 32 Edward Street | £ 125,000 | 0.01 KM |