Norton Street, Grantham, NG31
Grantham
£115,000 Offers Over
Property features
- NO ONWARD CHAIN
- Less than 0.2 mile walk to Train Station
- Two Bedroom Terraced Property
- IDEAL FOR FIRST TIME BUYERS
- Private Rental Yield of 9.13% Achieved or Self Managed SA at 14.61%
Summary
Don't miss this chance to invest in a Two-bedroom house in Norton Street, Grantham that would benefit from renovationDetails
Are you an investor looking to expand your property portfolio?
Look no further! Walters have an exclusive offer for you. We have taken on a portfolio of properties in the Grantham area, including this one. If you're serious about expansion, please call us to discuss the other properties in this portfolio.
Located in Norton Street, this property boasts prime positioning, with the train station just a stone's throw away. Convenience at its finest, with less than a 0.2-mile walk, you or your tenants can easily commute to work or explore the surrounding areas.
This is a fantastic opportunity to achieve a comfortable private rental yield of 9.13% or take the serviced accommodation route and manage it yourself as the previous owners have, earning an impressive 14.61% yield. One of the key advantages of this property is that it comes with no onward chain. Move-in or start generating income as soon as the ink dries on the deal. No more hassle or delays - seize the opportunity today! For those considering the buy-to-let option, this house presents an ideal chance to add to your investment portfolio.
This property is not only for investors. First-time buyers, this is your chance to step onto the property ladder with a home that ticks all the boxes. A welcoming and warm atmosphere awaits you as you take your first steps into homeownership. Don't let this opportunity pass you by. Grantham is a town with endless potential, and this property is your gateway to success.
The Property:
Sitting Room
10'6 x 10'7ft
This bright living room features fresh white walls, light grey laminate flooring, and a warm wooden door. A front-facing window allows plenty of natural light, while a small recessed feature adds character to the space. It's an ideal blank canvas ready for your personal touch.
Kitchen
10'7 x 10'9ft
This spacious kitchen, while functional, would benefit from updating. It features ample countertop space, tiled flooring, and plenty of storage within its cabinets. The room includes a window to the rear aspect, allowing natural light to brighten the space. Additionally, there is a door providing access to the basement, offering extra convenience and storage potential.
Master Bedroom
10'6 x 10'7ft
This master bedroom is spacious and well-lit, featuring a window to the front aspect that allows plenty of natural light. The room has neutral décor, with carpeted flooring and a ceiling fan for added comfort. A built-in wardrobe provides convenient storage space, while the wooden door adds a touch of character to the room. It's a comfortable and versatile space, ready for you to make your own.
Second Bedroom
10'1 x 5ft
The second bedroom is a smaller space featuring a radiator and a window to the rear aspect, providing a pleasant amount of natural light. While compact, this room is versatile and could easily be used as a home office, nursery, or guest room. The neutral décor makes it easy to adapt the space to your needs.
Bathroom
The bathroom is functional and straightforward, featuring a toilet, sink, and a full-size bath. The layout is practical, with essential fixtures that provide a clean and comfortable space for daily routines. The neutral design allows for easy personalization with your choice of accessories or complete renovation.
Basement
The basement is a functional space equipped with electrics and a radiator, making it a viable area for various uses. It also houses the utility boxes, providing easy access for maintenance. With its existing infrastructure, the basement offers potential for renovation, possibly transforming it into additional living space, a home office, or a storage area. The space is a blank canvas, ready for creative development.
Garden
The garden is a long, low-maintenance stone garden, offering plenty of space for outdoor activities. While it's currently easy to care for, it also presents an excellent opportunity for renovation or landscaping. You could update the space by laying a lawn, adding flower beds, or creating a more personalized outdoor retreat. It's a versatile area with great potential for customization.
Disclaimer:
Anti Money Laundering Regulations: As per regulations, future buyers will be requested to provide identification documentation at a later stage. Your cooperation is appreciated to ensure a smooth sale process.
Guidance Measurements: The measurements provided are for guidance purposes only. Prospective buyers are strongly recommended to double-check the measurements before making any financial commitments.
Appliance Condition: No testing of appliances, equipment, fixtures, fittings, or services has been carried out by Walters Grantham. Buyers are advised to independently assess the condition of appliances.