# 2 bedroom terraced house for sale (NG31 7DP)

## Property Details

| Key | Value |
|-----|-------|
| Address | 19 COWES ROAD, GRANTHAM, LINCOLNSHIRE NG31 7DP |
| Price | £160,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | A |
| Last sold | £156,500 Apr 2026 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Expiry date:** 14/01/2036
- **Current heating cost:** £735/year
- **Est. upgrade cost to C:** £25,750

### Recommendations
- Q (£7,500 - £11,000)
- W2 (£5,000 - £10,000)
- U (£8,000 - £10,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0360-2795-5590-2096-4825)

## Description

The Property

Presented to an exceptional standard throughout, this recently modernised two-bedroom home offers a superb blend of contemporary style and practical living, making it an outstanding choice for first time buyers, professionals, or investors seeking a turnkey property in a desirable location.

The property enjoys the added benefit of a newly installed boiler, and is being offered for sale with no onward chain!

Upon entering, you are welcomed into an inviting hallway that sets the tone for the quality found throughout. The bright and spacious living room provides an elegant setting for everyday relaxation, enhanced by tasteful décor and a warm, homely ambiance.

The newly fitted kitchen offers a sleek, modern finish, complemented by generous storage, ample worktop space, and high quality LVT flooring. Designed with both style and functionality in mind, this is a superb space for cooking and dining.

To the first floor, the property continues to impress. The principal bedroom is notably large, offering an excellent footprint for furnishings and creating a calm, luxurious retreat. The second bedroom is equally well proportioned and versatile, ideal for guests, children, or a dedicated home office. A beautifully modernised family bathroom completes the accommodation, showcasing contemporary fittings and a refined finish.

The appeal of this home extends outdoors, where the garden provides an attractive and private setting for relaxing or entertaining. A standout feature is the large, fully powered cabin, currently used as a social space. Complete with electricity and lighting, this exceptional outbuilding offers a wealth of possibilities — from a stylish home office or studio, to a hobby room, gym, or entertaining space.

With its comprehensive modern upgrades, generous room proportions, and impressive garden cabin, this property represents a rare opportunity to acquire a beautifully finished home with exceptional additional space. Early viewing is highly recommended.

Property Description DisclaimerThis is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

## Property Photos

- ![Photo](/listings/photos/171268559/1836237)
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## Floorplans

- ![Floorplan 1](/listings/photos/171268559/1836260) - Floorplan 1

## EPC Graphs

- ![epc](/listings/photos/171268559/1836261) - epc

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 19 COWES ROAD, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 7DP | £156,500 | 10/04/2026 | Terraced |
| 19 COWES ROAD, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 7DP | £102,500 | 03/05/2018 | Terraced |
| 19 COWES ROAD, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 7DP | £74,000 | 03/02/2012 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] 14 COWES ROAD, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 7DP | £147,500 | 12/12/2025 | Terraced |
| 4 HILLINGFORD WAY, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 7PJ | £163,000 | 28/01/2025 | Terraced |
| 84 DYSART ROAD, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 7DJ | £122,000 | 27/11/2023 | Terraced |
| 37 DEXTER AVENUE, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 7EL | £150,000 | 28/07/2023 | Terraced |
| 53 DEXTER AVENUE, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 7EL | £175,000 | 27/04/2023 | Terraced |
| 110 DYSART ROAD, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 7DW | £102,000 | 13/02/2023 | Terraced |
| 32 HILLINGFORD WAY, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 7PJ | £157,500 | 25/11/2022 | Terraced |
| [Same street] 28 COWES ROAD, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 7DP | £136,000 | 21/11/2022 | Terraced |
| 17 RYDE AVENUE, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 7DY | £143,000 | 11/11/2022 | Terraced |
| 126 DYSART ROAD, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 7DU | £145,000 | 07/10/2022 | Terraced |
| 27 KINGSTON AVENUE, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 7DS | £130,000 | 26/08/2022 | Terraced |
| 5 BECKETTS CLOSE, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 7GE | £207,000 | 01/07/2022 | Terraced |
| 38 BRADING AVENUE, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 7DT | £120,000 | 01/06/2022 | Terraced |
| 50 DYSART ROAD, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 7DD | £135,000 | 27/05/2022 | Terraced |
| 35 RYDE AVENUE, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 7DY | £157,000 | 23/05/2022 | Terraced |
| [Same street] 24 COWES ROAD, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 7DP | £112,500 | 25/04/2022 | Terraced |
| 9 WESTBOURNE PLACE, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 7DH | £122,000 | 08/04/2022 | Terraced |
| 9 KINGSTON AVENUE, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 7DS | £145,000 | 01/04/2022 | Terraced |
| 15 KINGSTON AVENUE, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 7DS | £98,000 | 31/03/2022 | Terraced |
| [Same street] 8 COWES ROAD, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 7DP | £135,250 | 25/01/2022 | Semi-detached |
| 92 DYSART ROAD, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 7DW | £153,000 | 21/12/2021 | Terraced |
| 5 BRADING AVENUE, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 7DT | £151,500 | 15/10/2021 | Terraced |
| 22 KINGSTON AVENUE, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 7DS | £127,000 | 08/10/2021 | Terraced |
| 31 RYDE AVENUE, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 7DY | £130,000 | 20/09/2021 | Terraced |

**Street average:** £132,813 (4 sales)
**Area average:** £141,650 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £174,419 (55 Terraced, NG31, 2024–2026)
- **Deviation:** -8.3%

## Rental Range

*ONS Price Index of Private Rents (South Kesteven). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £759/mo
- **Realistic:** £843/mo
- **Optimistic:** £927/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Grantham & Newark (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £573/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Terraced House, Brading Avenue, NG31 | £775/mo | 2 | 0.07 miles | OpenRent |
| 2 Bed Semi-Detached House, Church Row, NG31 | £2,150/mo | 2 | 0.35 miles | OpenRent |
| 2 Bed Flat, Harlaxton Road, NG31 | £750/mo | 2 | 0.46 miles | OpenRent |

**Average rent: £1,225/mo (3 listings)**

## 1% Rule

- **Rent ratio:** 0.48% (weak for cashflow)
- **Max investor price (0.8%):** £96,875
- **Target investor price (1%):** £77,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £775/mo).*

- **Gross yield:** 5.8%
- **Cost-to-rent:** 17.2×
- **Monthly cashflow:** £42/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 1.1%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £2,500/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 14.1%
- **10y growth:** 63.3%

## House Price Index (HM Land Registry)

*Official index for South Kesteven; Terraced series; as of May 2026.*

- **1y growth (index):** 1.4%
- **5y growth (index):** 15.3%
- **10y growth (index):** 45.1%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)
