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£225,000
Offers over

3 bed house for sale Albion Place, Grantham

3 beds 3 baths Terraced house
Freehold

Added on 16/09/2026

About this property

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.

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

Floorplan

Location

Albion Place, Grantham, NG31 8BQ

Council tax
Band D (Approx £2,260/year)

Mortgage and stamp duty

Property price £225,000
£112k £338k
Deposit10% £23,000
£0 £225k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £202,000 mortgage. Most lenders would want a household income of about £45,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in NG31 8BQ. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
12, Albion Place TerracedJan 20251,141 sq ft £180/sq ft£205,000
10, Albion Place TerracedJun 20231,033 sq ft £131/sq ft£135,000
9, Albion Place TerracedAug 20211,163 sq ft £138/sq ft£160,000
2, Albion Place Semi-detachedApr 2021818 sq ft £147/sq ft£120,000
11, Albion Place TerracedApr 20201,281 sq ft £130/sq ft£166,500
4, Albion Place TerracedMay 2018990 sq ft £142/sq ft£141,000
12a, Albion Place TerracedMar 2018£168,000
14, Albion Place TerracedOct 2017£150,000

All sales on Albion Place → All sold prices in Grantham →

Area insights

The neighbourhood around this property.

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