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High Street, Castle Bytham, NG33

East Midlands

£595,000
Listed on 27/03/2026

Property Details

Bedrooms
4
Type
Semi Detached
Area
1765 sqft

Description

This characterful Grade II Listed cottage, located in the attractive village of Castle Bytham, represents a remarkable opportunity for those looking to invest in renovation. The property is nestled in a community-oriented area with local amenities such as award-winning shops and pubs, making it ideal for both families and professionals. Excellent transport links via the A1 allow for easy access to surrounding market towns like Stamford and Grantham. The spacious accommodation includes four well-sized bedrooms along with a self-contained annexe featuring its own kitchen and shower room—perfect for guests, multi-generational living, or a home office setup. The main house greets you with original parquet flooring that leads into versatile living spaces, including a playroom/study and a cozy living room with an inglenook fireplace. While the kitchen/breakfast room has modern fitted units, it may benefit from updating, as could the separate dining room and downstairs WC. Upstairs reveals four bedrooms, including one with an ensuite shower room. Although there are some original features enhancing the property's charm—like exposed wooden beams—the bathrooms and kitchen could use contemporary updates. Externally, the property boasts a large garden offering significant privacy and potential for outdoor improvements. Off-road parking is also available along with previous planning permission for garage construction, hinting at further investment possibilities. This unique home is presented with no onward chain and awaits new owners eager to realize its full potential.

Investment Analysis

(NG33 area)

Above Market Value

This property is priced +32.5% above area average per sq ft

+32.5%
This Property
£337/sq ft
Area Average
£254/sq ft
Avg Rent (weekly)
£254
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£494,015
10% above area average per sq ft
Potential ROI
-27.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (NG33)

Area prices are stable by +0.6% over the last 12 months
3 year growth: -6.7%
5 year growth: -0.9%
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, NG33
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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
£2,107
Based on a loan of £446,250 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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