Avenue Road Grantham NG31 6 bed terraced house for sale

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Avenue Road Grantham NG31 6 bed 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 six-bedroom mid-terraced Victorian property is located in the heart of Grantham, within walking distance to local amenities. The property is currently a licensed HMO with tenants in situ, generating a potential yearly income of £40,560. With a purchase price of £300,000, the property achieves a staggering yield of 13.52%. Alternatively, it could be restored to its former splendor as a private family residence. The property features three floors, with six spacious bedrooms, three bathrooms, two kitchens, and a communal dining room. The property also has a rear enclosed garden and a cellar. Its prime location and potential for rental income make it an attractive investment opportunity.