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2 bed flat for sale Avenue Road, Montanari Court Avenue Road, NG31

Asking price

£107,250

Reduced on 02/10/2026

Type: Flat
Bedrooms: 2
Bathrooms: 1
Tenure: Leasehold

Council tax Band A £1,507 a year

Key features

Duplex Apartment
Ideal Investment Purchase
Close to Town Centre Amenities
Two Bedrooms
Open Plan Kitchen and Lounge
Family Bathroom
Gas Central Heating
uPVC Double Glazing
Energy Rating C
Council Tax Band A

About this property

An attractive first-floor duplex apartment currently generating a rental income of £775 per calendar month, presenting an excellent investment opportunity.

The well-proportioned accommodation is arranged over two floors and comprises an open-plan kitchen and sitting room, two bedrooms, and a family bathroom. Residents benefit from secure gated access leading to allocated parking within the development, together with an intercom entry system providing additional convenience and security.

Floorplan

Council tax

Band A £1,507 a year

Per year

Band A

This home: £1,507
Band B

£1,758
Band C

£2,009
Band D

£2,260
Band E

£2,762
Band F

£3,264
Band G

£3,767
Band H

£4,520

This home is in band A, which costs £1,507 a year in South Kesteven for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across South Kesteven, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Location

Avenue Road, Montanari Court Avenue Road, NG31

Open map Street View

Mortgage and stamp duty

Property price £107,250

£53k £161k

Deposit10% £11,000

£0 £108k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £96,250 mortgage. Most lenders would want a household income of about £22,000 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.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
Flat 4, Montanari Court, Avenue Road Flat / maisonette	Flat / maisonette	Oct 2025	463 sq ft £176/sq ft	463 sq ft	£176	£81,500
Flat 13, Montanari Court, Avenue Road Flat / maisonette	Flat / maisonette	Nov 2024	581 sq ft £184/sq ft	581 sq ft	£184	£107,000
Flat 2, Montanari Court, Avenue Road Flat / maisonette	Flat / maisonette	Jun 2018	398 sq ft £213/sq ft	398 sq ft	£213	£85,000
Flat 11, Montanari Court, Avenue Road Flat / maisonette	Flat / maisonette	Apr 2018	431 sq ft £190/sq ft	431 sq ft	£190	£82,000
Flat 7, Montanari Court, Avenue Road Flat / maisonette	Flat / maisonette	Dec 2016	n/a	n/a	n/a	£74,000
Flat 7, Montanari Court, Avenue Road Flat / maisonette	Flat / maisonette	Mar 2010	n/a	n/a	n/a	£74,500
Flat 9, Montanari Court, Avenue Road Flat / maisonette · new build	Flat / maisonette · new build	Feb 2007	n/a	n/a	n/a	£120,000
Flat 7, Montanari Court, Avenue Road Flat / maisonette · new build	Flat / maisonette · new build	Feb 2007	n/a	n/a	n/a	£95,000