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High Road, Londonthorpe, Grantham

East Midlands

£200,000
Listed on 18/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This semi-detached Victorian brick cottage, located in the charming village of Londonthorpe within a conservation area, presents a wonderful opportunity for those interested in renovation and investment. The property is set on a generous plot measuring approximately one-fifth of an acre and boasts full planning permission (SKDC Planning Application: S24/1071) to transform it into a spacious four-bedroom home. The existing layout includes an entrance hall, cloakroom, sitting room, breakfast kitchen, dining room, and a ground floor family bathroom. Upstairs, two double bedrooms offer comfortable accommodation. Oil-fired central heating provides warmth throughout the property. One of the standout features is the large south-facing rear garden, which measures around 47 meters by 12.3 meters and adjoins open fields. Access for vehicles adds to the convenience of this outdoor space, making it suitable for further development or landscaping. The approved plans suggest significant potential for modernization and expansion. The proposed extension aims to enhance the property's footprint with new downstairs living areas that include a spacious kitchen/diner with tri-fold doors leading out to the garden, as well as additional utilities and storage space. On the first floor, the design incorporates a master bedroom with an en-suite shower room and Juliet balcony, alongside three additional bedrooms—two of which also feature en-suites. Situated in the sought-after semi-rural village of Londonthorpe, residents enjoy easy access to nearby Grantham, along with convenient links to the A1 and A52 road networks. Grantham is known for its rich history and offers a variety of amenities including grammar schools, shopping facilities ranging from independent boutiques to national chains, as well as health services and leisure options. This property not only represents a rare chance to acquire a period cottage but also holds exceptional investment potential through its planned renovations and expansions. With no upward chain involved in the sale process, interested buyers are encouraged to appreciate both the unique character of this cottage and its possibilities for future development.

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 Road, Londonthorpe, Grantham
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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
£733
Based on a loan of £150,000 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