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High Street, Caythorpe, GRANTHAM

East Midlands

£575,000Guide Price

Listed on 02/07/2026

Property details

Bedrooms
12
Type
Detached
Area
5201 sqft

Description

This Grade II listed building, previously functioning as a 12-bedroom care home, presents a unique investment opportunity. With the potential to convert back into multiple residential units or maintain as a commercial facility, subject to planning permissions, this property offers flexibility for various development paths. The interior has been sympathetically upgraded while retaining its historical charm, making it an attractive project for those willing to put in some renovation work. The property includes a detached garage which has served as office space and could be repurposed further. Nestled in the picturesque village of Caythorpe, it boasts a private rear garden complete with lawn and patio areas—ideal for future enhancement. With vacant possession, interested buyers can explore their vision without delay.

Investment analysis

(NG32 area)

Below Market Value

This property is priced -58.0% below area average per sq ft

-58.0%
Potential saving
This Property
£111/sq ft
Area Average
£263/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,504,363
10% above area average per sq ft
Potential ROI
+116.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (NG32)

Area prices are rising by +14.1% over the last 12 months
3 year growth: +4.3%
5 year growth: +17.3%
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

High Street, Caythorpe, 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
£2,172
Based on a loan of £431,250 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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