This property is no longer on the market
5 bedroom terraced house
Key information
Property description & features
- Tenure: Freehold
- Investment Opportunity
- Two Apartments Currently Let
- Substantial Period House
- Income Potential Circa £17,500 pa
- Conservation Area
- Gas Central Heating
- Three Spacious Apartments
- Convenient For The King's School
- Arranged Over Four Floors
- Viewings By Appopintment
3 Gladstone Terrace comprises three self contained apartments within a substantial period house and represents an ideal investment opportunity with anticipated annual income potential in the region of £18,000. The accommodations are arranged over four floors with each apartment having independent access. The basement flat (3b)comprises a living room, kitchen, double bedroom and bathroom, the middle apartment (3a) includes an entrance hall, living room, kitchen, two double bedrooms and a bathroom and the third dwelling (3) comprises the two upper floors giving a kitchen, living room, WC, two double bedrooms a bathroom and washroom. There is a courtyard garden to the rear.
EPC rating: D. Tenure: Freehold,Rooms
3B GLADSTONE TERRACE Not provided
Basement Flat. Currently Vacant.
Living Room 4.52m x 4.47m (14'10" x 14'8")
Having uPVC entrance door, radiator, Ideal wall mounted gas fired boiler and built in double cupboard.
Kitchen 5.80m x 1.95m (19'0" x 6'5")
With base cupboards and work surfaces, stainless steel sink and drainer, tiled floor, splashbacks, radiator, plumbing for auto washer and electric consumer unit.
Bedroom 4.56m x 4.45m (15'0" x 14'7")
With uPVC window and external door to the rear and steps to courtyard, radiator
Bathroom 1.95m x 1.65m (6'5" x 5'5")
Having panelled bath with shower attachment, pedestal wash basin and low level WC., radiator, tiled floor, extractor fan and tiled splashbacks.
3A GLADSTONE TERRACE Not provided
Ground Floor Flat. Currently let at a rent of £495 per calendar month.
Entrance Hall Not provided
With radiator.
Living Room 4.53m x 4.50m (14'11" x 14'10")
With bay window to the front elevation, radiator and coved ceiling.
Kitchen 3.32m x 2.44m (10'11" x 8'0")
Having fitted base cupboards, work surfaces and wall cupboards, stainless steel one and a half bowl sink, Ideal wall mounted gas fired boiler, cooker hood and plumbing for auto washer, external half glazed door to courtyard.
Bedroom 1 4.47m x 3.04m (14'8" x 10'0")
With uPVC window to the rear elevation and radiator.
Bedroom 2 2.95m x 2.55m (9'8" x 8'5")
With uPVC window to the rear, built in cupboard and radiator.
Bathroom 2.41m x 1.69m (7'11" x 5'6")
Having bath with shower attachment and screen over, low level WC and wash basin, tiled floor and walls.
3 GLADSTONE TERRACE Not provided
Upper Two Floors. Currently let at a rental of £595 per calendar month.
Entrance Lobby Not provided
With staircase to the floor above and electric consumer unit.
Entrance Hall Not provided
Having staircase off to upper floor and coving.
Living Room 4.58m x 4.51m (15'0" x 14'10")
With uPVC window to the front elevation, radiator.
Kitchen 3.28m x 3.05m (10'10" x 10'0")
Having fitted base cupboards, working surfaces and wall cupboards, stainless steel sink, wall mounted Ideal gas fired boiler, radiator and plumbing for automatic washer.
Bedroom 1 4.59m x 4.50m (15'1" x 14'10")
With uPVC window to rear, radiator.
Bathroom/WC 2.65m x 2.05m (8'8" x 6'8")
Having panelled bath with shower and screen over, wash basin and low level WC., radiator and under stairs storage cupboard (1.05m x 1.74m - 3'5" x 5'8")
Separate WC Not provided
With low level WC, window to rear.
Landing Not provided
Bedroom 2 4.97m x 3.49m (16'4" x 11'6")
Plus dormer window (1.74m x 2.75m - 5'8" x 9'0"). With Velux window and radiator.
Washroom 3.48m x 1.04m (11'5" x 3'5")
Having sink with electric water heater over, shaver socket and extractor fan.
OUTSIDE Not provided
COURTYARD Not provided
Shared rear courtyard.
PARKING Not provided
On street parking is available in Gladstone Terrace.
SERVICES Not provided
Mains water, gas, electricity and drainage are connected.
COUNCIL TAX Not provided
All three flats are in Council Tax Band A.
DIRECTIONS Not provided
From High Street continue on to Watergate following the one way system turning right on to Broad Street and left on to Brook Street. Take the left turn opposite The King's School on to Gladstone Terrace and the property is along on the right-hand side.
GRANTHAM Not provided
The property is very close to The King's School, bus stops and supermarkets Asda and Lidl. It is also within easy walking distance of the town centre.
Travel connections in the area are excellent - the A1 passes to the west of the town providing access to major commuter areas and the A52 crosses through taking you east to Boston and west to Nottingham. Grantham station is on the East Coast mainline giving direct services to London Kings Cross with a journey time from around 70 minutes, Newark in 10 mins and Peterborough in 20 mins. Cross country service to Nottingham in just 30 mins.
Grantham has successful Community, Special and Independent schools for children of all ages as well as the town’s two grammar schools: Kesteven and Grantham Girls School and the King’s Grammar School.
AGENT'S NOTE Not provided
Please note these are draft particulars awaiting final approval from the vendor, therefore the contents within may be subject to change and must not be relied upon as an entirely accurate description of the property.
Although these particulars are thought to be materially correct, their accuracy cannot be guaranteed and they do not form part of any contract. Some measurements are overall measurements and others are maximum measurements. All services and appliances have not and will not be tested.
LEGAL PACK Not provided
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.
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Broadband availability and predicted speed: obtained from Ofcom on January 14, 2022
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