# 3 bedroom terraced house for sale (NG31 8JG)

## Property Details

| Key | Value |
|-----|-------|
| Address | 5 LADYSMITH TERRACE, GRANTHAM, GONERBY HILL FOOT, LINCOLNSHIRE NG31 8JG |
| Price | £150,000 |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Council tax | A |
| Construction age | England and Wales: before 1900 |
| Floor area | 79 m² |
| Last sold | £135,000 Aug 2020 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** B
- **Expiry date:** 12/02/2030
- **Current heating cost:** £572/year
- **Est. upgrade cost to C:** £19,720

### Recommendations
- Q (£4,000 - £14,000)
- E (£20)
- N (£4,000 - £6,000)
- O3 (£1,000 - £1,400)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0669-2827-6726-2390-2055)

## Description

Step into a fantastic opportunity for both first-time buyers and savvy investors alike. This charming three-bedroom terraced home is offered with no onward chain, making it an ideal, stress-free move. Perfectly positioned close to excellent transport links, it combines everyday convenience with strong long-term potential.

Inside, the home welcomes you with a bright and airy lounge, enhanced by a bay window that fills the space with natural light. This flows seamlessly into a separate dining room, creating a warm and sociable layout, ideal for both relaxing evenings and entertaining guests. A useful half cellar provides additional storage, while the ground floor is completed by a well-proportioned kitchen and family bathroom.

Upstairs, you’ll find two generous double bedrooms along with a versatile third room. Whether you envision a nursery, home office, or stylish dressing room, the space adapts to your lifestyle. There is also exciting potential to reconfigure and create an ensuite, adding further value and comfort.

Outside, the property boasts a good-sized garden, perfect for outdoor dining, gardening, or simply unwinding in your own private space.

With an estimated rental income of £835 pcm and an attractive yield of approximately 6.68%, this home represents a compelling investment as well as a wonderful place to live.

## Property Photos

- ![Front Shot](/listings/photos/173943626/1431582) - Front Shot
- ![Living Room](/listings/photos/173943626/1431583) - Living Room
- ![Dining Room](/listings/photos/173943626/1431584) - Dining Room
- ![Kitchen](/listings/photos/173943626/1431585) - Kitchen
- ![Bathroom](/listings/photos/173943626/1431586) - Bathroom
- ![Bedroom 1](/listings/photos/173943626/1431587) - Bedroom 1
- ![Bedroom 2](/listings/photos/173943626/1431588) - Bedroom 2
- ![Bedroom 3/Office](/listings/photos/173943626/1431589) - Bedroom 3/Office
- ![Garden](/listings/photos/173943626/1431590) - Garden
- ![Back Aspect](/listings/photos/173943626/1431591) - Back Aspect

## Floorplans

- ![All](/listings/photos/173943626/1431592) - All

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #6668447
- **Address:** 5 Ladysmith Terrace, Gonerby Hill Foot, NG31 8JG
- **Certificate Issued:** 07/07/2009
- **Work Completed:** 13/06/2009
- **Items:** 3 window(s)

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 5 LADYSMITH TERRACE, GONERBY HILL FOOT, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 8JG | £135,000 | 21/08/2020 | Terraced |
| 5 LADYSMITH TERRACE, GONERBY HILL FOOT, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 8JG | £117,000 | 22/05/2017 | Terraced |
| 5 LADYSMITH TERRACE, GONERBY HILL FOOT, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 8JG | £87,000 | 22/12/2010 | Terraced |
| 5 LADYSMITH TERRACE, GONERBY HILL FOOT, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 8JG | £82,000 | 12/09/2003 | Terraced |
| 5 LADYSMITH TERRACE, GONERBY HILL FOOT, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 8JG | £25,000 | 30/10/1998 | 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 |
|---------|-------|------|------|
| 16 PRETORIA ROAD, GONERBY HILL FOOT, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 8JQ | £87,000 | 05/01/2026 | Terraced |
| 2 NEW ROW, GONERBY HILL FOOT, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 8HJ | £153,000 | 11/12/2025 | Terraced |
| 9 NEW ROW, GONERBY HILL FOOT, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 8HJ | £155,000 | 14/02/2025 | Terraced |
| 24 PRETORIA ROAD, GONERBY HILL FOOT, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 8JQ | £188,000 | 01/12/2023 | Terraced |
| 6 PRETORIA ROAD, GONERBY HILL FOOT, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 8JQ | £118,000 | 27/10/2023 | Terraced |
| 12 NEW ROW, GONERBY HILL FOOT, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 8HJ | £215,000 | 11/08/2023 | Terraced |
| 2 NEW ROW, GONERBY HILL FOOT, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 8HJ | £144,000 | 25/03/2022 | Terraced |
| 9 WEBSTER WAY, GONERBY HILL FOOT, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 8GH | £185,000 | 15/09/2021 | Terraced |

**Area average:** £155,625 (8 sales)

## Price vs local average

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

- **Local average:** £175,697 (51 Terraced, NG31, 2024–2026)
- **Deviation:** -14.6%

## Rental Range

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

- **Low:** £757/mo
- **Realistic:** £841/mo
- **Optimistic:** £925/mo

## LHA (Local Housing Allowance)

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

- **LHA floor (this property size):** £653/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 |
|------|------|------|------|------|
| 3 Bed Terraced House, Sidney Street, NG31 | £895/mo | 3 | 0.65 miles | OpenRent |
| 3 Bed Detached House, Wensleydale Close, NG31 | £1,150/mo | 3 | 0.68 miles | OpenRent |

**Average rent: £1,023/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 0.68% (weak for cashflow)
- **Max investor price (0.8%):** £127,875
- **Target investor price (1%):** £102,300

*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 £1,023/mo).*

- **Gross yield:** 8.2%
- **Cost-to-rent:** 12.2×
- **Monthly cashflow:** £305/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 8.4%

*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:** £1,899/m²

## Capital growth trend

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

- **5y growth:** 33.3%
- **10y growth:** 58.5%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** 2.9%
- **5y growth (index):** 15.9%
- **10y growth (index):** 50.7%

## 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)