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10-11 Avenue Road, Grantham, Lincolnshire, NG31
£1,200,000
10-11 Avenue Road, Grantham, Lincolnshire, NG31
£1,200,000
Our Summary
- The building also includes a substantial basement area, which is currently utilised for storage purposes but may offer potential for alternative uses
- The entire property is presently fully let, generating a consistent rental income and representing a secure investment opportunity with immediate returns
Description
This attractive Victorian building, constructed circa 1880, has been converted into 15 self-contained residential apartments, offering a diverse range of living options. The property retains its original period features, such as architectural charm and character, while also benefiting from modern updates. The building includes a substantial basement area, a rear yard with off-street parking for up to 10 vehicles, and two separate garages. Currently fully let, the property generates a consistent rental income of £82,000 per annum, making it an attractive investment opportunity. Located in Grantham, a historic market town in Lincolnshire, the property offers an excellent blend of traditional character and modern amenities, as well as excellent transport links to London and the surrounding countryside.