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Avenue Road, Grantham

PROPERTY TYPE

Terraced

BEDROOMS

6

BATHROOMS

3

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Six Bedroom HMO
  • £40,560 Potential Income Per Annum
  • Town Centre Location
  • Freehold
  • Tenants In Situ
  • 3 Bathrooms

Description

Secure My Sale Estate Agents are delighted to bring this spacious mid-terraced Victorian property to the market. Located in the heart of Grantham, the property which is spread over three floors boasts six spacious bedrooms, three bathrooms, two kitchens, and a communal dining room. It’s close proximity to local amenities, like shops, the bus station, train station amongst others, make it ideal for anyone who would be interested.

The property is currently being ran as a licensed HMO (House in Multiple Occupation) with tenants in situ, which guarantees income for the property. If purchased at £300,000 with all rooms rented out amounting to figure of £40,560, £780 / week this property achieves a staggering yield of 13.52%. Alternatively, it also holds the potential to be restored to its former splendour as a private family residence.

Ground Floor
Bedroom One
Generously sized double bedroom benefits from lots of natural light through its large bay window.
Bedroom Two
Large double bedroom offering ample space.
Dining Room
Bright and inviting communal dining area acts as social hub of the property.
Kitchen One
Galley style kitchen with lots of workspace area and ample storage.
Kitchen Two
Modern-fitted kitchen offers practical, well designed area with double hobs + ovens.

First Floor
Bathroom One
Spacious shower room with walk in shower, toilet and wash basin.
Bedroom Three
Well-proportioned bedroom with large window facing rear.
Bedroom Four
Large, light filled double bedroom with twin sash windows.
Bathroom Two
Compact, cleverly designed modern shower room with walk in shower, toilet and was basin.

Second Floor
Bedroom Five
Large double bedroom with built in storage
Bedroom Six
Spacious bedroom with ample space to design layout exactly to your liking.
Bathroom Three
Identical to previously mentioned shower room.

Outside
Rear enclosed garden allowing for privacy.

Cellar

Brochures

Avenue Road, Grantham
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: C
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Avenue Road, Grantham

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Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£1,396
We think you can borrow up to
Add your household income above
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference 34148833. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Open House Estate Agents, Nationwide. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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