*Ideal for Investors & First-Time Buyers – Spacious 2-Bed Ground Floor Apartment with En-Suite, Parking*This is a superb opportunity to purchase a spacious and well-presented two-bedroom ground floor apartment, ideally located on the outskirts of Grantham yet within walking distance of the town centre, local amenities, and the mainline train station. Offering generous accommodation, private parking, and a long lease, the property is perfect for first-time buyers seeking a convenient, low-maintenance home, or investors looking for strong rental returns in a high-demand area.The apartment features a welcoming entrance hall, a bright and airy lounge, and a kitchen/diner that provides excellent space for both everyday living and entertaining. There are two well-proportioned double bedrooms, including a primary bedroom with fitted wardrobes & its own En-suite shower room, along with a separate contemporary family bathroom. The property is uPVC double glazed throughout and presented in good order, making it ready for immediate occupancy or letting.Outside, the property benefits from an allocated parking space located in a private car park and access to a shared bin store. The location offers easy access to supermarkets, high street shops, restaurants, cafés, gyms, healthcare facilities, parks, and excellent public transport links. Grantham's train station provides direct services to London Kings Cross in approximately an hour, making this an excellent option for commuters.With an estimated rental income of £750 per calendar month, the property offers an appealing yield for landlords. It comes with 105 years remaining on the lease, a current service charge of £1,370 per year including building insurance, and a ground rent of £270 annually.This is a versatile and well-located home that represents excellent value, whether you're buying to live in or let out. Early viewing is strongly recommended to appreciate all that's on offer.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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