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High Street, GRANTHAM - Image 1

High Street, GRANTHAM

East Midlands

£250,000
Listed on 19/02/2026

Property Details

Bedrooms
11
Type
Detached house

Description

This property presents a notable investment opportunity, with planning permission secured for a conversion into nine residential flats—comprising seven one-bedroom and two two-bedroom units. Located in the heart of Grantham, the first floor of this building features an independent entrance from the ground floor. The planned development allows for a transition from commercial to residential use, which can significantly enhance the property's value. With Grantham's thriving market town status and proximity to local amenities, including supermarkets, restaurants, and educational institutions, this site is poised for both rental and resale potential. Additionally, its location within the Grantham Conservation Area adds further appeal amidst historical surroundings. Investors keen on capitalizing on a high-demand housing market should consider this opportunity carefully.

Investment Analysis

(NG31 area)
Area Average
£225/sq ft
Avg Rent (weekly)
£178
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
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
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

High Street, GRANTHAM
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£902
Based on a loan of £187,500 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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