REQUEST DETAILS

Agent details

This property is listed with:
Newton & Derry Ltd (Granthma)
68, High Street, Grantham,
Telephone:
01476 584173
 

Full Details for 3 Bedroom Terraced for sale in Grantham, NG31 :

IDEAL BUY TO LET - 7.7% YIELD - Located within easy access of local amenities and schooling is this mid terraced established home. The accommodation comprises of Entrance Hall, Lounge, Kitchen Diner, Side Lobby, Cloakroom, Pantry, THREE good sized Bedrooms and a Bathroom. The property benefits from UPVC double glazing and gas fired central heating. Outside there is a garden to the front with an enclosed garden to the rear, where there are large double gates to give off road parking and a brick shed. The property is currently tenanted until at least 27/2/15 with rent been paid at £485pcm.

ENTRANCE HALL
With UPVc full obscure double glazed entrance door, double radiator and further UPVc obscure double glazed window to the front aspect.

LOUNGE - 19' 4'' x 11' 0'' (5.89m x 3.35m)
With UPVc double glazed window to the front aspect, double radiator, laminate flooring, stairs rising to the first floor landing, under stairs storage cupboard.

KITCHEN / DINER - 16' 1'' x 12' 3'' (4.90m x 3.73m)
With UPVc double glazed window to the rear aspect, UPVc double glazed French doors to the garden, work surface with inset stainless steel sink and drainer with mixer tap over, eye and base level units, inset 4-ring stainless steel gas hob with integrated extractor hood over and stainless steel single electric oven beneath, space and plumbing for washing machine, space for under counter appliance (ideal for dishwasher subject to plumbing), space for free standing fridge freezer.

LOBBY AREA
With UPVc full obscure double glazed door to the side passageway, walk-in pantry with shelving.

CLOAKROOM
With UPVc obscure double glazed window to the side aspect, single radiator, a 2-piece white suite comprising low level w.c. and wash handbasin.

FIRST FLOOR LANDING
With loft hatch access and storage cupboard with shelving.

BEDROOM ONE - 12' 10'' x 10' 11'' (3.91m x 3.32m)
With UPVc double glazed window to the rear aspect, single radiator.

BEDROOM TWO - 12' 11'' x 12' 8'' (3.93m x 3.86m)
With UPVc double glazed window to the front aspect and single radiator.

BEDROOM THREE - 8' 6'' x 8' 1'' (2.59m x 2.46m)
With UPVc double glazed window to the front aspect and single radiator.

BATHROOM - 6' 6'' x 6' 1'' (1.98m x 1.85m)
With UPVc obscure double glazed window to the rear aspect, over sized heated towel radiator, and a 3-piece white suite comprising low level w.c., wash handbasin and panelled bath with mains fed shower over and glazed shower screen.

OUTSIDE
To the front there is a lawned garden with pathway to the front door, fencing to the boundary and wooden gate. To the side there is a wrought iron pedestrian gate giving access on to the rear garden and door to the side lobby. Double wrought iron gates lead to the rear garden, which would allow for vehicular access for secure parking and there is concrete hardstanding, an inset green playmat and also a brick built outbuilding. Directly at the rear of the property is a concrete patio area.

COUNCIL TAX
The property is in Council Tax Band A.Yearly figures - 2014/2015 - £954.92

INVESTMENT DETAILS
The property currently has good quality tenants committed to the property until at least 27/2/15 and conversations indicate they would like to stay beyond this date. They currently pay £485pcm. Currently let at £485pcm.£485 x 12 months = £5,820 per annum income.£5,820 divided by a property purchase price of £75,000 = 7.76% annual yield.


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House Prices for houses sold in NG31 7RB

Stations Nearby

Grantham
0.9 miles
Bottesford
6.2 miles
Ancaster
7.8 miles

Schools Nearby

The Grantham Ambergate School
0.3 miles
The Grantham Sandon School
1.6 miles
The Ash Villa School South Rauceby
10.2 miles
The Isaac Newton Primary School
0.4 miles
West Grantham Academy The Earl of Dysart
0.3 miles
West Grantham Academy Spitalgate
0.2 miles
Walton Girls' High School
0.6 miles
West Grantham Academy St Hugh's
0.2 miles
The King's School, Grantham
1.2 miles