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High Street, South Witham, Grantham

East Midlands

£395,000

Listed on 08/06/2026

Property Details

Bedrooms
4
Type
Character Property
Area
3789 sqft

Description

This historic property, previously known as The Blue Cow Inn, represents a remarkable opportunity for renovation and investment in the quaint village of South Witham. Dating back to the 14th century, the building retains a wealth of original features that speak to its rich past, including vaulted cellars and spacious outbuildings that offer immense potential for creative redesign. The ground floor features a central area previously utilized as a bar, alongside flexible spaces suitable for dining or commercial use. The upper level comprises six distinct accommodation rooms, some of which have independent access, enhancing their appeal for potential rental or business ventures. Set on approximately 0.42 acres, the property includes ample parking and extensive outdoor areas that could be transformed into attractive amenities. While significant work will be required to restore this property to its former glory, it stands as an exciting project for developers or investors seeking character and future growth in a vibrant community with convenient transport links. Local amenities include schools, pubs, and easy access to key market towns.

Investment Analysis

(NG33 area)

Below Market Value

This property is priced -60.1% below area average per sq ft

-60.1%
Potential saving
This Property
£104/sq ft
Area Average
£261/sq ft
Avg Rent (weekly)
£255
Avg Yield
3.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£1,087,822
10% above area average per sq ft
Potential ROI
+68.7%
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 falling by -8.2% over the last 12 months
3 year growth: -9.0%
5 year growth: -6.9%
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, South Witham, Grantham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,492
Based on a loan of £296,250 over 30 years at 4.45% 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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