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6 Bed HMO, Grantham, NG31 6TA £300,000

Avenue Road, Grantham, NG31 6TA - 31 views - 3 months ago
  1. Deal Search
  2. Grantham
  3. NG31
  4. NG31 6TA
HMO
Outside Article 4
ROI: 13%
~186 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Grantham
  • More Deals in NG31
  • More HMO Deals
  • More HMO Deals in Grantham
  • More HMO Deals in NG31

Property History

Listed for £300,000

September 4, 2025

Floor Plans

Description

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

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

Agent Details

Open House Estate Agents, Nationwide

020 3910 1882

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Cashflows

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