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Oasby, Grantham, Lincolnshire, NG32

East Midlands

£225,000
Listed on 13/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1129 sqft

Description

This stone-built semi-detached cottage, located in the picturesque village of Oasby, represents a compelling opportunity for those seeking a renovation project brimming with charm and potential. Set in a tranquil rural setting yet conveniently close to Grantham's diverse amenities, this property is poised for transformation into a bespoke countryside residence crafted to your specifications. Requiring extensive modernisation throughout, the home is priced to reflect the necessary work and offers generous accommodation with original features, including exposed beams and fireplaces that enhance its character. The current layout presents flexible living spaces comprising two reception rooms, a long galley kitchen, an additional utility/conservatory area, three bedrooms, and both a ground floor shower room and a family bathroom. There is clear potential here for reconfiguration or extension (subject to permissions), with opportunities to enhance similar to neighbouring properties that have been thoughtfully upgraded recently. Outside, the cottage benefits from sizable gardens at both the front and side, creating ample outdoor space ideal for landscaping or further development. A driveway leads to an existing detached garage, providing convenient off-road parking. Properties like this are increasingly rare in such sought-after village locations. This offering comes with no onward chain, making it an attractive proposition for developers or buyers eager to embark on a rewarding renovation journey.

Investment Analysis

(NG32 area)

Below Market Value

This property is priced -24.2% below area average per sq ft

-24.2%
Potential saving
This Property
£199/sq ft
Area Average
£263/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£326,496
10% above area average per sq ft
Potential ROI
+3.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (NG32)

Area prices are stable by +0.8% over the last 12 months
3 year growth: -4.6%
5 year growth: +7.5%
Investment Disclaimer: Analysis based on NG32 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

Oasby, Grantham, Lincolnshire, NG32
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£803
Based on a loan of £168,750 over 30 years at 3.97% 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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