CONTENTS: INTRODUCTION - ASHFORD, KENT - BATH, SOMERSET - BECKENHAM, KENT - BEDFORD, BEDFORDSHIRE - BILLERICAY, ESSEX - BIRMINGHAM CITY CENTRE, BIRMINGHAM - BOURNEMOUTH, SUSSEX - BRENTWOOD, ESSEX - BRIGHTON, SUSSEX - CAMBRIDGE, CAMBRIDGESHIRE - CANTERBURY, KENT - CARDIFF, WALES - CHELMSFORD, ESSEX - CLEETHORPES, LINCOLNSHIRE - COLCHESTER, ESSEX - EPPING, ESSEX - GRANTHAM, LINCOLNSHIRE - GREAT YARMOUTH, NORFOLK - GUILDFORD, SURREY - IPSWICH, SUFFOLK - KETTERING, NORTHAMPTONSHIRE - KINGS LYNN, NORFOLK - LEICESTER, NORTHAMPTONSHIRE - LIVERPOOL CITY CENTRE, LANCASHIRE - LUTON, BEDFORDSHIRE - MANCHESTER, LANCASHIRE - MILTON KEYNES, BEDFORDSHIRE - NORWICH, NORFOLK - OXFORD, OXFORDSHIRE - PETERBOROUGH, CAMBRIDGESHIRE - READING, BERKSHIRE - ROMFORD, ESSEX - SOUTHEND-ON-SEA, ESSEX - ST ALBANS, HERTFORDSHIRE - STANSTED, ESSEX - SWINDON, BERKSHIRE - WELWYN GARDEN CITY, HERTFORDSHIRE - WISBECH, CAMBRIDGESHIRE
| Area: | GRANTHAM, LINCOLNSHIRE | |||||||
| Category: | B | |||||||
| Investor Profile | Pension, Retirement, Downshifter, Business and Cash&Equity | |||||||
| Population aged 15+: | 33,179 | |||||||
| Actual | National Average | |||||||
| Percentage Class ABC1: | 45% | 44% | ||||||
| Crime: | Violence | Sexual | Burglary | Motor | ||||
| Per 1000 population | 8 | 1 | 7 | 4 | ||||
| Yield Range: | 4.1% - 12.4% | |||||||
| Price Ranges | Low £ | Hi £ | Low £pw | Hi £pw | Low | Hi | ||
| Flats&maisonettes | 33,600 | 50,400 | 80 | 109 | 11.2% | 12.4% | ||
| Terraced | 45,600 | 68,400 | 85 | 115 | 8.7% | 9.7% | ||
| Semi-detached | 63,200 | 94,800 | 106 | 143 | 7.8% | 8.7% | ||
| Detached | 132,000 | 198,000 | 115 | 156 | 4.1% | 4.5% | ||
| Valuations above the national average by: | 0% | |||||||
| Actual | National Average | |||||||
| Capital growth last 12 months: | 25% | 18% | ||||||
| Capital growth last 5 years: | 78% | 80% | ||||||
| Large employers in the area: | Park Air Electronics Ltd, Padleys , and Wordsworth Holdings | |||||||
| Demand For Letting: | Good | |||||||
| Average void period: | 2 weeks | |||||||
| Total (out of 10) | Capital Growth (out of 5) | Yield (out of 5) | ||||||
| Out of 10: | 7 | 3 | 4 | |||||
| Summary: | A thriving economy that looks to continue with properties still available at good yields. | |||||||
| Description: | Grantham has had long associations with the engineering industry and the manufacturing economy continues to grow and diversify. Recent growth has included firms based on new technology, now capable of producing an increasingly diverse range of end products including food, timber, plastics and textile products. The availability of sites and premises in urban and rural locations has helped local firms to expand and has encouraged new companies to relocate in this part of Lincolnshire. If companies carry on locating to Grantham at the current rate then property prices can only go up. The service sector has also grown rapidly in recent years with increases in sectors such as hotel and catering and financial services. Unemployment is lower than the UK average and is the 2nd lowest for the district. Grantham serves the four main towns in the district when it comes to shopping and there have been a number of high quality retail schemes developed, the most recent being a major high quality indoor shopping centre, St Peters Place. The main towns within the district boast major High Street names such as Marks & Spencer, Body Shop, Woolworths and Boots. | |||||||
| Mainline railway station: | 30 minutes to Nottingham Central Station | |||||||
| Road Access: | Main access routes A1 and A52 29 miles east of Nottingham 30 miles to M1 | |||||||
| Local Newspaper | Grantham Journal 01476 562291 | |||||||
| Estate Agents: | Name | Address | Tel | Web | ||||
| Halifax Estate Agents | 23 Watergate Grantham Lincolnshire NG31 6NS | 01476 591414 | ||||||
| Humberts | 14 Finkin Street Grantham Lincolnshire NG31 6QZ | 01476 576133 | www.humberts.co.uk | |||||
| Newton & Derry | 68 High Street Grantham Lincolnshire NG31 6NR | 01476 591900 | ||||||
| Letting Agents: | Name | Address | Tel | Web | ||||
| Humberts Hill & Hill | 13, Finkin St Grantham Lincolnshire NG31 6QZ | 01476 565626 | www.hillprop.co.uk | |||||
| Knights Property Management | 13, Castlegate Grantham Lincolnshire NG31 6SE | 01476 401555 | www.knightsproperty.com | |||||
| Belvoir Property Management | 01476 584900 | www.belvoirgroup.com | ||||||