Springfield Road, Grantham, NG31
- PROPERTY TYPE
Terraced
- BEDROOMS
2
- BATHROOMS
1
- SIZE
808 sq ft
75 sq m
- TENUREDescribes 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
- 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
Description
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
- 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: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Private garden
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Springfield Road, Grantham, NG31
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Visit our security centre to find out moreDisclaimer - Property reference 534f3772-f6a6-44ac-880e-59a7e5a9525e. 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 David Grace Estate Agents, Grantham. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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