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Belton Lane, Great Gonerby, Grantham, NG31

East Midlands

£465,000
Listed on 16/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2334 sqft

Description

This four-bedroom family home is situated in the charming village of Great Gonerby, Grantham, on the well-regarded Belton Lane. The property spans a substantial footprint and presents an excellent opportunity for renovation and investment. With its spacious layout and desirable location, it is ideal for families seeking room to grow while also offering potential to enhance the property’s value. Upon entering, a generous porch leads into a central hallway that sets the tone for what lies ahead. The ground floor features three well-sized reception rooms, allowing for versatile use including both formal entertaining and casual family gatherings. The dining room boasts elegant wood flooring and a gas fireplace, while the adjacent lounge enjoys natural light through French doors that open onto the garden. A log burner adds a cozy touch, making it an inviting space during cooler months. At the heart of this home is an impressive kitchen-diner designed with modern living in mind. Equipped with a range of wall and base units alongside granite worktops, it includes integrated appliances (such as a fridge, dishwasher, and electric hob) along with practical storage solutions like corner cabinets and a larder cupboard. The adjoining snug area offers additional seating for relaxed family interactions. The utility room enhances functionality for busy households by providing extra storage alongside space for laundry appliances—a valuable feature for those with pets or children. Additionally, there’s a convenient downstairs WC and internal access to the double garage equipped with electric doors. Upstairs, you'll find four generously proportioned double bedrooms—ideal for family comfort—and two of these include built-in wardrobes. Notably, the master bedroom features an ensuite shower room for added privacy. A family bathroom serves the remaining bedrooms and includes contemporary fixtures alongside built-in storage options. Furthermore, there’s considerable potential to extend into the large loft area (subject to relevant approvals), offering even more living space if desired. The rear garden exceeds expectations in size, featuring a landscaped area complete with ample lawn space, a decked seating area under a pergola adorned with lights—perfect for evening relaxation—and dedicated zones such as vegetable plots and summer house. Additional structures like a greenhouse and workshop connected to electricity provide further utility options. Convenience is emphasized throughout this property; it includes owned solar panels with battery storage that contribute to energy efficiency. The expansive driveway can accommodate several vehicles at once, while electric gates enhance security and ease of access. Overall, this property combines generous living spaces with flexibility for future enhancements in an attractive village setting—an excellent option for buyers seeking both comfort and investment potential

Investment Analysis

(NG31 area)

Below Market Value

This property is priced -11.6% below area average per sq ft

-11.6%
Potential saving
This Property
£199/sq ft
Area Average
£225/sq ft
Avg Rent (weekly)
£181
Avg Yield
4.1%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£578,564
10% above area average per sq ft
Potential ROI
+19.3%
After renovation
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

Belton Lane, Great Gonerby, Grantham, NG31
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,703
Based on a loan of £348,750 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