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Manthorpe Road, Grantham, Grantham, NG31

East Midlands

£825,000
Listed on 09/04/2026

Property Details

Bedrooms
6
Type
Detached
Area
3188 sqft

Description

This expansive six-bedroom family residence, nearing 3000 square feet, presents a significant renovation opportunity within the Grantham market. Sitting on a spacious private plot of nearly half an acre, it also boasts an adjoining paddock/garden exceeding two acres, offering versatile potential for various uses. The property features well-sized accommodations suitable for families or multi-generational living arrangements, including an entrance hall, multiple reception rooms, a conservatory, study, and a well-equipped kitchen/breakfast area. While the garage/annex requires some updating, it holds promise for additional living or workspace. The expansive grounds offer room for enhancement and could serve as an idyllic retreat in this urban setting. This property is ripe for investment with the right vision and early viewing is advisable.

Investment Analysis

(NG31 area)

Above Market Value

This property is priced +14.9% above area average per sq ft

+14.9%
This Property
£259/sq ft
Area Average
£225/sq ft
Avg Rent (weekly)
£176
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£790,082
10% above area average per sq ft
Potential ROI
-16.4%
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
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

Manthorpe Road, Grantham, Grantham, NG31
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,922
Based on a loan of £618,750 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.

Stamp Duty Calculator

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