1/20

£120,000

Guide Price

2 bed flat for sale Wilks Road, Grantham

2 beds 2 baths Ground floor flat

Leasehold

Added on 16/09/2026

About this property

Connells are excited to bring to the market this excellent opportunity for first-time buyers or savvy investors alike. This stylish two-bedroom ground-floor flat offers modern living in a highly desirable setting. Viewings are essential to appreciate what is on offer.

Key features

*** NO CHAIN ***
Great for a First-Time or Investor Buyer
Strong 6% Rental Yield Potential
Stylish Ground Floor Flat in Grantham
2 Double Bedrooms
Ensuite and Family Bathroom
Allocated Parking Space
Modern Fitted Kitchen and Spacious Lounge

Floorplan

Price guide

This home

£192 / sq ft

Area average (sold)

£230 / sq ft

Price per area, sold homes nearby

£154 / sq ft

£192 / sq ft

£302 / sq ft

Lowest

This home

Highest

£192 per sq ft, below the middle of recent sales in NG31 (£154–£302, 10th–90th percentile, 1,304 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 1,304 homes sold in NG31 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in NG31 →

Location

Wilks Road, Grantham, NG31 7WJ

Open map Street View

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

Mortgage and stamp duty

Property price £120,000

£60k £180k

Deposit10% £12,000

£0 £120k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £108,000 mortgage. Most lenders would want a household income of about £24,000 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 7WJ. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
42, Wilks Road Flat / maisonette	Flat / maisonette	Jun 2026	657 sq ft £164/sq ft	657 sq ft	£164	£107,500
6, Wilks Road Terraced	Terraced	May 2026	775 sq ft £239/sq ft	775 sq ft	£239	£185,000
17, Wilks Road Flat / maisonette	Flat / maisonette	Sept 2025	474 sq ft £274/sq ft	474 sq ft	£274	£129,950
48, Wilks Road Flat / maisonette	Flat / maisonette	Jun 2025	764 sq ft £178/sq ft	764 sq ft	£178	£135,750
9, Wilks Road Terraced	Terraced	Jan 2025	786 sq ft £233/sq ft	786 sq ft	£233	£183,000
23, Wilks Road Terraced	Terraced	Jun 2024	1,152 sq ft £191/sq ft	1,152 sq ft	£191	£220,000
17, Wilks Road Flat / maisonette	Flat / maisonette	Feb 2024	474 sq ft £274/sq ft	474 sq ft	£274	£129,950
36, Wilks Road Flat / maisonette	Flat / maisonette	Oct 2023	635 sq ft £197/sq ft	635 sq ft	£197	£125,000