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Cowes Road, Grantham, NG31 7DP

£55,000
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Property Type
Bungalow
Bedrooms
1
Bathrooms
1
Reception Rooms
1
Tenure
Freehold
Agent
Let Property
Floor Area
209 sq ft
Price / sq ft
£263
Listed 23d ago•Updated 14h ago

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Price in context

Price Timeline

Listed 11 Sept 2026 at
£70,000
Reduced on 29 Sept 2026 to
£55,000
-21.4%(-£15,000)
Current price

Property Summary

This well-maintained 1-bedroom, 1-bathroom bungalow in Grantham offers a fully fitted kitchen with integrated appliances and access to street parking. Situated on Cowes Road, the freehold property includes a private front garden and spans 247 sq ft with a current EPC rating of D, with potential to upgrade to A. Currently tenanted under a residential agreement with local authority funding, the property generates a gross annual income of £6,300, reflecting a 9% yield with potential to increase to 12%. This presents an excellent buy-to-let opportunity for investors seeking a reliable income stream and portfolio expansion.

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