6 bedroom terraced house for sale

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6 bedroom terraced house for sale

Avenue Road, Grantham NG31
£300,000

Our Summary

  • Alternatively, it also holds the potential to be restored to its former splendour as a private family residence

Description

This spacious mid-terraced Victorian property, located in the heart of Grantham, offers a unique investment opportunity or a potential family home. With six bedrooms, three bathrooms, two kitchens, and a communal dining room, the property spans three floors and boasts plenty of natural light. Currently operating as a licensed HMO, the property generates a significant income of £40,560 per annum, achieving a yield of 13.52%. Alternatively, it could be restored to its former glory as a private residence. The property features a range of rooms, including a bright and inviting dining area, modern fitted kitchens, and spacious bedrooms. The rear enclosed garden provides a private outdoor space, while the cellar offers additional storage. With its prime location close to local amenities, this property is an attractive option for investors or those looking for a spacious family home.