Houghton Road, Grantham NG31
About this home
Property Details: - Type: Flat - Bedrooms: 1 - Bathrooms: 1
Agent: David Grace - Grantham Phone: 01476 218862
<p>This one-bedroom duplex apartment on Houghton Road is an excellent opportunity for a first-time buyer looking to step onto the property ladder or an investor searching for a strong addition to their portfolio. While the property would benefit from some modernisation, it offers fantastic potential to create a stylish home or a rewarding investment.</p><p>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.</p><p>For investors, the property could achieve an estimated rental income of £600 PCM, equating to an attractive 9% gross yield.</p><p>The property also benefits from convenient on-street parking.</p><p>No service charges payable.</p><p>Agents Note: Slight dampness in the bedroom, more investigation required.</p>
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