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2 bed property, in Springfield Road, £95,000
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2 bed terraced house

Springfield Road, Grantham, Lincolnshire, NG31
£95,000
-9.5%

Price History

Initial price £105,000
Jul 4, 2026 £100,000
Jul 16, 2026 £95,000
Price Change -9.5%

Our Summary

  • Two-bedroom terraced home on Springfield RoadExcellent investment opportunity with potential rental yield of approx
  • 6%Ideal renovation project - a true blank canvasSuitable for owner-occupiers, buy-to-let investors or resale/flipBasement offering valuable extra storage spaceTwo well-proportioned double bedroomsSouth-facing rear garden with scope for improvement Description Property Description This two-bedroom terraced property on Springfield Road presents an exciting opportunity for buyers looking to add value, whether as a home, rental investment or resale project
  • Requiring renovation throughout, the property offers a rare chance to completely transform and personalise a space to suit your needs and vision
  • The potential rental income is estimated at £700-£750 per calendar month, offering an attractive yield of approximately 7
  • A useful basement further enhances the property, ideal for storage or future conversion potential (subject to necessary consents)
  • There is clear scope to reconfigure the layout to maximise space and value - options may include open-plan living, adding a downstairs WC, or modernising throughout, subject to planning and building regulations

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Description

The property is a two-bedroom terraced home on Springfield Road with a basement offering additional storage space. It has a south-facing rear garden and ground floor rooms including a bright front-facing lounge, kitchen, and separate utility room. The first floor features two well-proportioned double bedrooms and a family bathroom.

The property has a total living area with the following dimensions: lounge (3.4m x 3.1m), kitchen (3.4m x 3.2m), bedroom one (3.4m x 3.1m), and bedroom two (3.2m x 2.4m).