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Albion Place, Grantham
For saleReduced 24 Oct 2024
£225,000Offers over

Albion Place, Grantham, NG31 8BQ

3bedrooms
3bathrooms
Terracedtype
Freeholdtenure

Listed 12 Jan 2023 · price reduced 24 Oct 2024 · Grantham

How the price compares

This home£225,000
Median 3 bed in NG31£220k171 homes listed · £233 per sq ft
Difference+2%in line with the area

Key features

  • AN OPPORTUNITY TO PURCHASE PART OF AN INVESTMENT PORTFOLIO
  • TENANTS IN SITU
  • LOCATED IN THE TOWN CENTRE
  • FREEHOLD BASIS (1 DEED INCLUDING 3 TITLES)
  • INVESTORS ONLY

About this home

SUMMARY *****NOT TO BE MISSED***** AN OPPORTUNITY TO PURCHASE AN INVESTMENT PORTFOLIO OF 3FLATS. The flats are located in the centre of this thriving market town and are all offered on a freehold basis.

DESCRIPTION Connells are please to bring to the market this rare opportunity to purchase part of an investment portfolio of three flats. The flats are located in the centre of this thriving market town and are all offered on a freehold basis (1 deed including 3 titles). The flats are all currently tenanted and benefit from Gas Central Heating and all have a shared access from the road. Grantham is an historic Market Town located on the A1 and has a railway station linking the town with London Kings Cross in just over one hour. The town boasts Grammar, Secondary and nursery schools, health and leisure facilities together with a variety of national and independent retail outlets.

Flat A

Lounge - 12ft 11in x 11ft 11in excluding bay window

Kitchen - 11ft 1in x 6ft 1in Bedroom One - 11ft 10in x 8ft 0in

Flat B

Lounge - 11ft 9in x 10ft 8in

Kitchen - 10ft 8in x 6ft 1in Bedroom One - 11ft 10in x 8ft 7in

Flat C  Lounge + Kitchen - 14ft 3in x 6ft 1in open plan Bedroom One - 11ft 10in x 8ft 0in Max

Cellar 12' 10" x 12' 2" ( 3.91m x 3.71m ) Communal Storage cellar

Agent Note  Please note that an AML fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. 2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4: Potential buyers are advised to recheck the measurements before committing to any expense. 5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. 6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Property details

Property type
Terraced
Council tax band
A
Tenure
Freehold
Parking
On street

Floorplan

Floorplan 1

Location

Skip map

1 on this map

  • Grantham Station0.7 mi

What nearby homes sold for

Median sold prices in NG31 over the last 12 months: semi-detached £205k · detached £315k · terraced £168k · flat £100k.

AddressTypeSoldPrice
12 Albion Place
Grantham NG31 8BQ
Terraced
Freehold
10 Jan 2025£205,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in NG31

Buying costs

Monthly repayment£1,126£22,500 deposit · £202,500 loan
Stamp Duty£2,000England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Connells, Grantham on Rightmove (original listing). First listed 12 Jan 2023; details checked 7 Nov 2026. Latest change: reduced on 24/10/2024.

Agent disclaimer

Disclaimer - Property reference GRM307681. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Connells, Grantham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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