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£365,000 OIRO

8 Bedroom Detached House SSTC

Bridge End Road, Grantham

Key Features

  • **** superb freehold investment opportunity ****
  • **** detached 8 bedroom hmo - (all en-suite) ****
  • **** capable of producing £49,920 gross annual income ****
  • **** converted & comprehensively refurbished in 2020 ****
  • **** accommodation arranged over three storeys ****
  • **** two kitchens & separate utility ****
  • **** designated off street parking provision ****
  • **** gas central heating & double glazing ****
  • **** desirable location with ample local amenities and proximity to town centre ****
  • epc ratings - 22a - 72/(c) 22b 66 (d) (potential to be 76 c)
  • council tax: a

Property Description

SUMMARY At the date of listing the property is fully let and producing a Gross Annual Income of £49,920. As mentioned above the property was the subject of a comprehensive conversion form former headquarters of a local builder refurbished to a very good standard the rooms have the advantage of period character and spacious accommodation throughout.

The property has eight en-suite bedrooms as well as two fitted kitchens and a utility room. The kitchens being conveniently located on the ground and first floors. The property can effectively be regarded as two parts each with its own access reducing congestion for the occupants. These being known as 22a and 22b. The latter having already a "C" EPC Rating 22a currently rated as 66 D but with potential to be 76 "C". NB The main EPC Graph shown relates to 22b.

Externally the property is offered with designated off street parking spaces having shared vehicular access from the adjacent Edward Street.

The property stands in a popular location towards the south eastern edge of the town of Grantham. There is a local mini market as well known fast food outlets close by. Also in close proximity are a number of other services and amenities with names such as Marks & Spencer Food and Sainsburys.

The property is also almost next door to the pretty "Dysart Park". This lovely green open space [provides an ideal place to relax of for recreation.

Grantham is a vibrant town which has a well served centre. The heart of town is a mere 1 mile from the property approx. 7 minute car journey and around a 20-25 minute walk. The town enjoys a number of major employers across a number of sectors in the employment market.

The property is also just a 0.5 mile/ just over a 10 minute walk to Grantham railway station. Being on the LNER there is A REGULAR TRAIN SERVICE TO LONDON KINGS CROSS a timetabled journey of approximately just over an 1 hour.

Our Lettings team report that the foregoing helps create a constant demand therefore for accommodation such as that offered at the subject property.

This is an excellent property one that we are certain will produce significant interest from the time of listing. We would therefore respectfully urge you to contact us at your earliest convenience to arrange a viewing to avoid disappointment. 

These particulars are for the guidance of proposed purchaser/s and do not represent the terms of a contract, they must be accepted as a guide only and are issued without any responsibility for the vendor, Martin & Co. or its employees. Measurements shown in these particulars are approximate and a guide only, they should not be relied upon or taken as correct. We have not tested any services or equipment within this property. We recommend purchasers obtain legal advice & survey/s before committing to purchase. No person representing this firm has the authority to give any warranty or representation in respect of this property. New money laundering regulations require us to verify the identity of any prospective purchaser. 
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