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High Street, Castle Bytham, Grantham, NG33

East Midlands

£600,000
Listed on 27/03/2026

Property Details

Bedrooms
4
Type
Semi Detached
Area
1862 sqft

Description

This Grade II Listed cottage, located in the charming village of Castle Bytham, presents a unique opportunity for investors or individuals looking to create their dream home. With a spacious layout offering four bedrooms and an additional self-contained annexe, this property is ideally suited for versatile living arrangements such as multi-generational families or potential rental income. The main house features characterful elements including original parquet flooring and exposed wooden beams, providing a solid foundation for renovation enhancements. The ground floor accommodates a flexible playroom or study, ideal for modern home office needs, alongside a cozy living room centered around an inglenook fireplace that adds both charm and warmth. The kitchen/breakfast room provides ample space for updates with modern amenities while retaining its traditional appeal. The upper floor hosts a family bathroom and generously sized bedrooms, including one with an ensuite shower room, presenting opportunities for personal touches or upgrades. Outside, the expansive garden offers privacy and space for outdoor activities, while the potential to reinstate previously granted planning permission for a garage opens avenues for further development. Given the property's prime location within easy reach of local amenities and transport links, this cottage is not just a residence but an investment with significant potential awaiting your vision.

Investment Analysis

(NG33 area)

Above Market Value

This property is priced +25.7% above area average per sq ft

+25.7%
This Property
£322/sq ft
Area Average
£256/sq ft
Avg Rent (weekly)
£241
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£524,954
10% above area average per sq ft
Potential ROI
-22.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (NG33)

Area prices are rising by +4.1% over the last 12 months
3 year growth: -6.2%
5 year growth: +0.4%
Investment Disclaimer: Analysis based on NG33 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, Castle Bytham, Grantham, NG33
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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
£2,164
Based on a loan of £450,000 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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