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Harrowby Lane, Grantham, Lincolnshire, NG31 - Image 1
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Harrowby Lane, Grantham, Lincolnshire, NG31 - Image 3
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Harrowby Lane, Grantham, Lincolnshire, NG31 - Image 7
Harrowby Lane, Grantham, Lincolnshire, NG31 - Image 8
Harrowby Lane, Grantham, Lincolnshire, NG31 - Image 9
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Harrowby Lane, Grantham, Lincolnshire, NG31

East Midlands

£160,000
Listed on 23/01/2026

Property Details

Bedrooms
2
Type
Detached house
Area
701 sqft

Description

This detached bungalow, featuring two spacious double bedrooms, offers a promising opportunity for those looking to make their mark through renovation. While the property currently requires extensive updating throughout, it provides a solid foundation with an entrance porch doubling as a utility space and a central hallway leading to various rooms. The L-shaped lounge/dining area presents ample living and dining possibilities, alongside a separate kitchen that awaits modern touches. Outside, there's a driveway for convenient parking and an enclosed rear garden with block paving, a raised lawn, and storage shed, making for an appealing yet manageable outdoor setting. Positioned on the outskirts of Grantham, this property benefits from nearby local amenities and easy access to the town centre. The area's good transport links include direct train services to London King's Cross in about one hour. With gas central heating and double glazing already in place, this bungalow holds significant potential for buyers ready to transform it into a personalized home.

Investment Analysis

(NG31 area)

Above Market Value

This property is priced +1.4% above area average per sq ft

+1.4%
This Property
£228/sq ft
Area Average
£225/sq ft
Avg Rent (weekly)
£178
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£173,575
10% above area average per sq ft
Potential ROI
-13.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
62
Average per month
Market Turnover
73%
Properties sold annually

Local Market Trend (NG31)

Area prices are stable by +0.1% over the last 12 months
3 year growth: 1.9%
5 year growth: 16.4%
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

Harrowby Lane, Grantham, Lincolnshire, NG31
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£577
Based on a loan of £120,000 over 30 years at 4.06% 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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