Summary - Flat 11 Palmer Colby House, 154-158, Dudley Road NG31 9AY
1 bed 1 bath Maisonette
**Standout Features:**
- 1 bedroom maisonette, arranged over two floors
- Located in a transitional area with a robust rental market
- Tenant in place on an Assured Shorthold Tenancy, generating £7,200 annual rental income
- Off-street parking space
- Close proximity to town center with a wide range of local amenities
- Newly built between 2003-2006 with modern double glazing
**Summary:**
This attractive 1-bedroom maisonette is a prime investment opportunity, positioned within walking distance to the bustling town center of Grantham. Conveniently arranged over two floors, the property features a spacious lounge and modern kitchen on the ground level, while the upstairs houses a comfortable bedroom and functional bathroom. With an annual rental income of £7,200 from a tenant already in place, this property is ideal for investors looking for steady returns.
While the maisonette is in good condition with contemporary finishes, minor updates could enhance its appeal even further, especially in the kitchen and living area. Nearby amenities, including Sainsbury’s, eateries, and recreational facilities, offer prospective tenants a lifestyle of convenience. While the local area does have higher crime rates and socio-economic challenges, its potential for rental yield and accessibility makes it an excellent choice for savvy investors. Don’t miss out on this opportunity to secure a well-placed property in a growing market.
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