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  1. Property photo 1 of 4 Front Shot
  2. Property photo 2 of 4 Front Shot
  3. Property photo 3 of 4 Courtyard Garden

Guide price

£130,000

(£115/sq. ft)

2 bed flat for sale
Grantley Street, Grantham NG31

    • 2 beds

    • 2 baths

    • 2 receptions

    • 1,133 sq. ft

  • EPC Rating: D

  • Freehold

David Grace

Logo of David Grace

About this property

  • Investment with Immediate Income

  • Combined Rental Yield of 8.49%

  • Ground Floor Flat Yield - 7.66%

  • Second Floor Flat Yield - 9.32%

  • Two Self-Contained 1-Bedroom Flats

  • Existing Long Term Tenants in Place

  • Great Location Near Town Centre and Transport

  • EPC Ratings - Both D

An excellent investment opportunity to acquire two tenanted 1-bedroom flats with the freehold of the building on Grantley Street, Grantham. With existing tenants in place and a strong combined yield of 9.2%, this is a ready-made income-generating asset for both new and experienced investors.

Rental Details:



  • Ground Floor Flat: £415 pcm – 7.66% yield



  • Second Floor Flat: £505 pcm – 9.32% yield



  • Combined Monthly Income: £920



  • Combined Yield: 8.49%



Each Flat comprises of 1 bedroom, 1 bathroom, a living room and fitted kitchen. They also have access to a shared courtyard garden at the back of the property.

Ground Floor Flat is- 51.02 m sq

Second Floor Flat is- 54.30m sq

Located close to Grantham town centre and transport links, these well-maintained flats offer steady rental demand in a popular area.

Secure a freehold investment with immediate returns and future growth potential.

EPC Rating: D

Communal Garden

Courtyard Garden

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More information

  • Tenure

    Freehold

  • Council tax band

    A

  • Ground rent

    £0

See all recent sales in NG31

Property descriptions and related information displayed on this page are marketing materials provided by - David Grace. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact David Grace for full details and further information.