Summary - 45 GRANVILLE STREET BOSTON PE21 8PG
3 bed 1 bath Terraced
Occupier-stable mid-terrace with refurbishment upside in central Boston.
Long-standing tenants in situ (around nine years)
Three bedrooms, separate lounge and dining room
Freehold mid-terrace with small rear garden
Good connectivity: fast broadband and excellent mobile signal
Solid brick walls; likely no cavity insulation (assumed)
Externally fair but dated; cosmetic modernisation recommended
High local crime and constrained-renter profile — consider risk
Low flood risk; very low council tax costs
A compact mid-terrace with long-standing tenants, this three-bedroom freehold in PE21 is aimed squarely at investors seeking stable occupancy. The property offers practical living spaces — separate lounge and dining room, fitted kitchen, downstairs WC and a small rear garden — and has been well cared for by tenants living there for around nine years.
Structurally typical of an early-20th-century terrace, the house has double glazing (unknown install date), mains gas central heating and solid brick walls. It presents clear scope to add value through cosmetic refurbishment and improved kerb appeal; the footprint and room sizes suit standard rental demand in a town-centre location close to shops, schools and transport links.
Buyers should note material local factors: the area records high crime and a ‘hard-pressed’ demographic profile with constrained renting markets. Externally the property is fair but dated and internal modernisation may be needed to maximise rental income or resale value. Flood risk is low and broadband and mobile connectivity are good, which supports tenant demand.
This is a straightforward portfolio addition for investors who want immediate tenancy and the potential for uplift through measured refurbishment. Factor in local market conditions and repair/refurb budgets when assessing yield and future value.
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