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High Street, Great Gonerby, Grantham

East Midlands

£190,000
Listed on 10/11/2025

Property Details

Bedrooms
4
Type
Semi-detached house

Description

This four-bedroom end-of-terrace home presents a compelling renovation opportunity across its four storeys. While the property requires extensive refurbishment, it offers a chance for buyers to design and customize their living space according to personal style and preferences, making it an ideal blank canvas for creative visionaries. Located in the desirable village of Great Gonerby, residents benefit from local amenities such as a primary school, post office, village shop, and public house, all within close proximity. Additionally, access to the A1 is convenient, facilitating easy travel to nearby towns and cities. The ground floor features an entrance hall leading into a sitting room with charming period details like a decorative fire surround. The dining room connects seamlessly to the kitchen and rear lobby. An existing bathroom is also present on this level, though it would benefit from modernization. On the first floor, you'll find two spacious bedrooms that retain original character elements such as exposed floorboards and cast iron fireplaces. Ascending further to the second floor reveals two more bedrooms with unique angles due to their restricted ceiling height. The third-floor attic room offers versatile space that could serve numerous functions—be it a home office, playroom, or storage area—with views overlooking the picturesque St Sebastian's Church. Outside, an uncultivated rear garden awaits transformation. Accompanying this space are a workshop and timber outbuilding that hold potential for improvement or repurposing. Please note that this property is being sold with no upward chain and is offered as seen, providing flexibility for investors or renovators looking to capitalize on its potential in an attractive location. Viewing is recommended to truly grasp what this home can become with the right vision and investment.

Investment Analysis

(NG31 area)
Area Average
£225/sq ft
Avg Rent (weekly)
£181
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
59
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (NG31)

Area prices are stable by +1.5% over the last 12 months
3 year growth: 3.5%
5 year growth: 18.1%
Investment Disclaimer: Analysis based on NG31 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

High Street, Great Gonerby, Grantham
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Mortgage Calculator

£
£
£
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%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£696
Based on a loan of £142,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE