Summary - Gorse Road, Grantham, NG31 NG31 9LQ
1 bed 1 bath House
Lifetime-lease for over-60s; spacious one-bedroom end terrace with low-maintenance garden..
Lifetime Lease option for over-60s with guide price £87,000
This end-terraced, one-bedroom home offers surprisingly spacious accommodation across a compact footprint, arranged as an open-plan lounge/diner, breakfast kitchen and a double bedroom off the landing. A low-maintenance rear courtyard garden and on-street parking make it easy to manage, and the property is offered chain free.
For buyers aged 60 and over there's an alternative purchase route: the Home for Life Lifetime Lease. The guide Lifetime Lease price is £87,000 (illustrative, based on an average saving of 33% against the £130,000 market price). Actual Lifetime Lease cost depends on your age, circumstances and any share of the property you choose to buy (up to 50%). The property can also be purchased at full market value by any buyer.
Practical points to note: construction dates indicate a 1950s–1960s build with solid brick walls (no confirmed insulation) and double glazing of unknown installation date. There is a shared driveway and right-of-way access to the rear garden from neighbouring homes. Local broadband speeds are fast, but local crime levels are reported above average.
This house is well suited to a downsizer or buyer seeking a retirement property close to Grantham town centre and amenities, with good transport links including a train to London King’s Cross. It offers potential to update or improve thermal performance and finishes to suit your needs.
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