£70,000
(£112/sq. ft)
1 bed flat for saleHoughton Road, Grantham NG31
1 bed
1 bath
623 sq. ft
EPC Rating: E
About this property
One-Bedroom Duplex Apartment on Houghton Road - Close to Local Amenities and Train Station
Sold with No Chain and No Service Charges
Ideal First Time or Investor Purchase
Potential Rental Income of £600 pcm and Yield of 9%
Spacious Lounge and Good-Sized Kitchen
Family Bathroom and Lots of Storage Space
Generous Double Bedroom
Opportunity to Modernise
On-Street Parking
EPC - E
The property is arranged over three levels, beginning with a private ground floor entrance hall, providing the perfect space for coats, shoes and everyday storage. On the first floor you'll find a spacious lounge, a well-proportioned kitchen and a bathroom with a newly fitted electric shower. The top floor is dedicated to a generous double bedroom, creating a separate and peaceful retreat.
For investors, the property could achieve an estimated rental income of £600 pcm, equating to an attractive 9% gross yield.
The property also benefits from convenient on-street parking.
No service charges payable.
Lounge (4.0m x 3.4m)
Kitchen (3.4m x 2.1m)
Bedroom (5.3m x 4.0m)
Mortgage calculator
£350 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (966 years)
Service charge
Council tax band
A
Ground rent
£0
Ground rent date of next review



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