1. Property photo 1 of 8 Front Shot
  2. Property photo 2 of 8 Living Room
  3. Property photo 3 of 8 Kitchen

£105,000

(£130/sq. ft)

2 bed terraced house for sale
Springfield Road, Grantham NG31

    • 2 beds

    • 1 bath

    • 1 reception

    • 808 sq. ft

  • EPC Rating: E

Freehold
Reduced on 16/10/2025

About this property

  • 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

This two-bedroom terraced property on Springfield Road offers an exciting opportunity for investors and renovators 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)

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Monthly repayment

£525 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

    Freehold

  • Council tax band

    A

  • Ground rent

    £0

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