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Manthorpe Road, Grantham NG31

East Midlands

£825,000

Listed on 06/07/2026

Property details

Bedrooms
6
Type
Detached
Area
2508 sqft

Description

This expansive six-bedroom family residence offers a unique opportunity for investors and renovators alike, located in the Grantham area. Spanning nearly 3,000 square feet, the property sits on a substantial plot of around half an acre, complemented by an additional paddock and garden space exceeding two acres. While the home is well-proportioned with multiple living areas including a large kitchen/breakfast room and conservatory, it presents several areas that would benefit from modernisation, particularly the garage/annexe block which holds potential for ancillary accommodation or office conversion. The expansive grounds feature various secluded wooded spots that can be cultivated for hobbies or smallholding activities. Conveniently situated near local amenities and transport links to London, this property is ideal for those looking to create a substantial family home or explore investment opportunities as it comes with significant renovation potential throughout.

Investment analysis

(NG31 area)

Above Market Value

This property is priced +47.2% above area average per sq ft

+47.2%
This Property
£329/sq ft
Area Average
£223/sq ft
Avg Rent (weekly)
£181
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£616,454
10% above area average per sq ft
Potential ROI
-33.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (NG31)

Area prices are falling by -4.0% over the last 12 months
3 year growth: +0.2%
5 year growth: +9.9%
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

Manthorpe Road, Grantham NG31
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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
£3,117
Based on a loan of £618,750 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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