**Standout Features:**
- Two self-contained 1-bedroom flats with existing long-term tenants
- Attractive combined rental yield of 8.49%
- Ground Floor Flat Yield of 7.66%; Second Floor Flat Yield of 9.32%
- Located near Grantham town centre and transport links
- Shared courtyard garden
- Freehold property, chain-free sale
- EPC Rating: D
**Notable Concerns:**
- Property constructed before 1900, needs renovation
- Above-average crime rates in the area
- Solid brick walls without assumed insulation
Capitalize on this excellent investment opportunity featuring two tenanted 1-bedroom flats, perfectly situated on Grantley Street in Grantham. With a solid combined yield of 8.49% and immediate rental income from existing tenants, this freehold property is ideal for both seasoned investors and those venturing into rental properties for the first time. Each flat includes a cozy living space, fitted kitchen, bathroom, and access to a shared courtyard garden.
Located close to the vibrant town centre and essential transport links, these flats assure steady demand, supported by nearby amenities, schools, and convenience stores. While the property showcases a charming Victorian aesthetic, it does require some renovation—an excellent avenue for adding value. Given the above-average crime rate, while providing great potential for rental returns, this property offers a blend of current cash flow and future possibility—a rare find in today's market. Don't miss the chance to secure this unique investment with immediate benefits!
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