10-11 Avenue Road, Grantham, Lincolnshire, NG31
- PROPERTY TYPE
House of Multiple Occupation
- SIZE
7,750 sq ft
720 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Substantial Victorian building comprising 15 self-contained apartments
- Mix of two-bedroom and one-bedroom units with strong rental appeal
- Generous on-site amenities including basement storage, yard, and 10 parking spaces
- Two additional garages offering further rental or storage potential
- Prime central Grantham location with excellent access to the A1, A52, and local amenities
- The building currently achieves a rental income of £82,000 per annum
Description
Situated at 10?11 Avenue Road, the property retains many of its original period features, contributing to its architectural charm and character, while benefitting from modern updates in line with contemporary residential standards.
The building also includes a substantial basement area, which is currently utilised for storage purposes but may offer potential for alternative uses. To the rear of the property, there is a generously sized yard providing off-street parking for up to ten vehicles. Furthermore, the property benefits from two separate garages, also positioned at the rear.
The entire property is presently fully let, generating a consistent rental income and representing a secure investment opportunity with immediate returns. This well-maintained asset is ideally suited for investors seeking a prime residential holding in a desirable and well-connected location.
The building currently achieves a rental income of £82,000 per annum.
Grantham is a historic market town located in the South Kesteven district of Lincolnshire, steeped in heritage and charm.
The town offers an excellent blend of traditional character and modern amenities, making it an increasingly popular choice for both families and professionals. Grantham boasts a wide range of shops, cafés, restaurants, and leisure facilities, alongside well-regarded schools and healthcare services. The twice-weekly market continues to draw visitors and locals alike, maintaining the town?s strong sense of community.
Grantham enjoys superb transport links, with direct rail services to London King?s Cross in just over an hour, making it ideal for commuters. The town is also conveniently positioned near the A1, providing easy access to both the North and South of the country.
Surrounded by picturesque countryside and historic landmarks, including Belton House and Woolsthorpe Manor, Grantham combines the tranquillity of rural living with the convenience of urban accessibility. It remains an appealing location for residents seeking a balance between lifestyle, connectivity, and affordability.
Brochures
Brochure 1- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
10-11 Avenue Road, Grantham, Lincolnshire, NG31
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Visit our security centre to find out moreDisclaimer - Property reference AvenueRoadResi. 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 Whozoo, London. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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