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Katherine House, 5 Long Street, Grantham - Image 1
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Katherine House, 5 Long Street, Grantham

East Midlands

£300,000
Listed on 01/04/2026

Property Details

Bedrooms
3
Type
Detached

Description

This detached three-bedroom home is situated in a popular village setting, offering appealing views of St. Sebastian's Church. Katherine House presents a significant opportunity for buyers keen on undertaking a comprehensive renovation project to realize their vision of an ideal living space. With no upward chain, this property is primed for those ready to invest time and resources into creating a bespoke home. The layout includes an entrance hall, sitting room, dining room, kitchen, a rear lobby with a walk-in pantry, and upstairs are three bedrooms accompanied by a family bathroom. Externally, the property features a front garden, driveway with off-road parking, garage, and a rear garden that offers extensive scope for landscaping or potential extensions (subject to planning permissions). Viewing is highly encouraged to fully grasp the expansive possibilities this home affords.

Investment Analysis

(NG31 area)
Area Average
£225/sq ft
Avg Rent (weekly)
£176
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
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
18%
Properties sold annually

Local Market Trend (NG31)

Area prices are falling by -3.6% over the last 12 months
3 year growth: +0.4%
5 year growth: +12.2%
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

Katherine House, 5 Long Street, Grantham
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,063
Based on a loan of £225,000 over 30 years at 3.91% 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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