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Residential & Development Opportunity in Grantham, NG31 8AB

Guide price £ 400,000

Type of Sale

Auction

Key Features

  • Desirable Location: The property is located at 79 Barrowby Road
  • Fully Updated One-Bedroom House: The property includes a fully renovated one-bedroom house with a modern interior
  • Georgian Estate House: The property features a former Georgian Estate house with planning consent for conversion into 5-7 luxury flats
  • Grantham NG31 8AB
  • Land for Development: The property comes with approximately 0.7 acres of land with potential for future development
  • Modern Interior: The one-bedroom house boasts a navy-colored kitchen and a newly fitted shower room
  • Off-Road Parking: The property offers off-road parking
  • Proximity to Amenities: The property is conveniently located near the town
  • Rental Income Potential: The property can generate a rental income of £650 per month or £7800
  • schools
Property for sale by Auction A dilapidated two-story brick building with a prominent central entrance, white columns, and boarded windows. Overgrown grass and weeds surround the property. The sky is overcast, and neighboring houses are visible in the background. Presented by Palace Auctions
Property for sale by Auction A substantial residential and development opportunity awaits in this large brick building with a gravel courtyard. Featuring multiple doors and windows on the ground floor, the site includes wooden boards propped against a wall on the left. Trees and bushes are visible in the background under a clear sky. Presented by Palace Auctions
Property for sale by Auction A modern kitchen with glossy black cabinets, white countertops, grey backsplash tiles, and built-in appliances presents a substantial residential and development opportunity. The space features white tiled flooring, recessed lighting, a window on the left, and a door on the right leading to another room. Presented by Palace Auctions
Property for sale by Auction A clean, modern room with white tiled floors and light-colored walls. A carpeted staircase with a white banister leads upwards. A single window is on the wall to the right, and a tall radiator stands beside it, creating a substantial residential and development opportunity. Recessed lighting fixtures are set in the ceiling. Presented by Palace Auctions
Property for sale by Auction A minimalistic, unfurnished room with light cream walls and grey carpet offers a substantial residential and development opportunity. A black radiator is mounted on the left wall, a small window overlooks a residential area, a single ceiling light hangs in the middle, and a closed white door is on the right wall. Presented by Palace Auctions
Property for sale by Auction An empty room with beige walls and gray carpet presents a substantial residential and development opportunity. There is a white door on the left wall and another white door on the center back wall. A single ceiling light fixture hangs in the middle, and there are no furnishings. Presented by Palace Auctions
Property for sale by Auction A small bathroom features a compact white toilet, a white vanity with a small sink and single faucet, a narrow frosted window, and a glass-enclosed corner shower with a modern black and white tile pattern. The walls are painted a light color, underscoring the substantial residential and development opportunity. Presented by Palace Auctions
Property for sale by Auction A pathway made of grey pavers curves alongside a tall wooden fence in a residential area. The fence is held up by wooden posts and has some plants and flowers growing at its base. The sky is partly cloudy. Presented by Palace Auctions
Property for sale by Auction A grey car is parked on a freshly laid brick driveway in front of a multi-level brick house. The house has a beige ground floor and traditional red bricks on the upper levels. Several windows are visible, and the driveway appears newly constructed. Presented by Palace Auctions
Property for sale by Auction A modern kitchen with light wood cabinets, black countertops, and stainless steel sink beneath a window with white blinds. The left side features built-in appliances, including an oven and a microwave. The flooring is dark-colored. Presented by Palace Auctions
Property for sale by Auction A room with white walls and a curved corner featuring three tall windows with shutters. The floor is bare with pieces of wood and some blue tubing scattered around. A single pendant light hangs from the ceiling. Presented by Palace Auctions
Property for sale by Auction An empty room with green and burgundy walls, white trim, and orange carpet. There is a doorway leading to an adjoining room with white walls and light-colored carpet. A window in the far room allows natural light to enter. Light fixtures hang from the ceilings. Presented by Palace Auctions
Property for sale by Auction A carpeted staircase with a white railing leads up to an open door revealing a small room. The room appears to have an unfinished ceiling with exposed insulation. Sunlight shines through two windows on the far side of the room. Presented by Palace Auctions
Property for sale by Auction Aerial view of a residential area with trees and houses. A plot of land in the center is outlined in yellow with connected points, highlighting its boundaries, presenting a substantial residential and development opportunity. The surrounding area includes roads, various buildings, and greenery. Presented by Palace Auctions
Property for sale by Auction A residential driveway with a gravel surface leads to a road. On the left is a red brick house with a black metal gate. The driveway is bordered by a green wooden fence on the right, and a few cars are parked near the road and house. Trees and greenery line the background. Presented by Palace Auctions
Property for sale by Auction A row of brick houses with chimneys stands under a cloudy sky. In the foreground, there is an overgrown garden area with tall grass, wildflowers, and weeds. A small bird is flying in the sky above the houses. Presented by Palace Auctions
Property for sale by Auction A grassy, overgrown field with various plants and weeds in the foreground. In the background, there is a row of brick houses with multiple chimneys, some with skylights. The sky above is overcast, creating a gloomy atmosphere. Presented by Palace Auctions
Property for sale by Auction An overgrown garden with tall grass and wildflowers is bordered by a green wooden fence. Behind it, red-brick terraced houses with dark roofs are visible. The sky is cloudy, creating a gloomy atmosphere. A dense, green tree stands to the left. Presented by Palace Auctions
1
Property for sale by Auction A dilapidated two-story brick building with a prominent central entrance, white columns, and boarded windows. Overgrown grass and weeds surround the property. The sky is overcast, and neighboring houses are visible in the background. Presented by Palace Auctions
Property for sale by Auction A substantial residential and development opportunity awaits in this large brick building with a gravel courtyard. Featuring multiple doors and windows on the ground floor, the site includes wooden boards propped against a wall on the left. Trees and bushes are visible in the background under a clear sky. Presented by Palace Auctions
Property for sale by Auction A modern kitchen with glossy black cabinets, white countertops, grey backsplash tiles, and built-in appliances presents a substantial residential and development opportunity. The space features white tiled flooring, recessed lighting, a window on the left, and a door on the right leading to another room. Presented by Palace Auctions
Property for sale by Auction A clean, modern room with white tiled floors and light-colored walls. A carpeted staircase with a white banister leads upwards. A single window is on the wall to the right, and a tall radiator stands beside it, creating a substantial residential and development opportunity. Recessed lighting fixtures are set in the ceiling. Presented by Palace Auctions
Property for sale by Auction A minimalistic, unfurnished room with light cream walls and grey carpet offers a substantial residential and development opportunity. A black radiator is mounted on the left wall, a small window overlooks a residential area, a single ceiling light hangs in the middle, and a closed white door is on the right wall. Presented by Palace Auctions
Property for sale by Auction An empty room with beige walls and gray carpet presents a substantial residential and development opportunity. There is a white door on the left wall and another white door on the center back wall. A single ceiling light fixture hangs in the middle, and there are no furnishings. Presented by Palace Auctions
Property for sale by Auction A small bathroom features a compact white toilet, a white vanity with a small sink and single faucet, a narrow frosted window, and a glass-enclosed corner shower with a modern black and white tile pattern. The walls are painted a light color, underscoring the substantial residential and development opportunity. Presented by Palace Auctions
Property for sale by Auction A pathway made of grey pavers curves alongside a tall wooden fence in a residential area. The fence is held up by wooden posts and has some plants and flowers growing at its base. The sky is partly cloudy. Presented by Palace Auctions
Property for sale by Auction A grey car is parked on a freshly laid brick driveway in front of a multi-level brick house. The house has a beige ground floor and traditional red bricks on the upper levels. Several windows are visible, and the driveway appears newly constructed. Presented by Palace Auctions
Property for sale by Auction A modern kitchen with light wood cabinets, black countertops, and stainless steel sink beneath a window with white blinds. The left side features built-in appliances, including an oven and a microwave. The flooring is dark-colored. Presented by Palace Auctions
Property for sale by Auction A room with white walls and a curved corner featuring three tall windows with shutters. The floor is bare with pieces of wood and some blue tubing scattered around. A single pendant light hangs from the ceiling. Presented by Palace Auctions
Property for sale by Auction An empty room with green and burgundy walls, white trim, and orange carpet. There is a doorway leading to an adjoining room with white walls and light-colored carpet. A window in the far room allows natural light to enter. Light fixtures hang from the ceilings. Presented by Palace Auctions
Property for sale by Auction A carpeted staircase with a white railing leads up to an open door revealing a small room. The room appears to have an unfinished ceiling with exposed insulation. Sunlight shines through two windows on the far side of the room. Presented by Palace Auctions
Property for sale by Auction Aerial view of a residential area with trees and houses. A plot of land in the center is outlined in yellow with connected points, highlighting its boundaries, presenting a substantial residential and development opportunity. The surrounding area includes roads, various buildings, and greenery. Presented by Palace Auctions
Property for sale by Auction A residential driveway with a gravel surface leads to a road. On the left is a red brick house with a black metal gate. The driveway is bordered by a green wooden fence on the right, and a few cars are parked near the road and house. Trees and greenery line the background. Presented by Palace Auctions
Property for sale by Auction A row of brick houses with chimneys stands under a cloudy sky. In the foreground, there is an overgrown garden area with tall grass, wildflowers, and weeds. A small bird is flying in the sky above the houses. Presented by Palace Auctions
Property for sale by Auction A grassy, overgrown field with various plants and weeds in the foreground. In the background, there is a row of brick houses with multiple chimneys, some with skylights. The sky above is overcast, creating a gloomy atmosphere. Presented by Palace Auctions
Property for sale by Auction An overgrown garden with tall grass and wildflowers is bordered by a green wooden fence. Behind it, red-brick terraced houses with dark roofs are visible. The sky is cloudy, creating a gloomy atmosphere. A dense, green tree stands to the left. Presented by Palace Auctions
2

Description

79 Barrowby Road Grantham NG31 8AB 

For sale by Auction as a whole or in lots: The whole lot comprises :

  1. A fully updated one bedroom house.  79a Barrowby Road.
  2. The former Georgian Estate house to the rear of 77 Barrowby Road with planning consent for conversion into 5-7 flats.
  3. Approximately 0.7 acres of land adjacent to and to the rear of 77 Barrowby Road. With good access, and significant potential for future development.

The lots 

101a –  79a Barrowby Road – Palace Auctions and Palace Auctions are pleased to bring to the market this newly renovated terrace home.

The property is easily found by using our what3words system and searching for ///slate.bounty.soccer

The property has a full new modern interior, Including  Navy coloured kitchen and newly fitted shower room, fully decorated throughout and sold including new carpets and floor coverings.

The property also benefits from off road parking.
Situated in a great location, within walking distance of the town, shops, schools and the train station. Being just 800 yards from the Asda Superstore and 1600 Yards from the railway station which in turn provides links to kings Cross within one Hour.

Accommodation 
Entrance
With upvc front door into the main living area.

Living Area/kitchen
This beautifully presented open plan living area, has a newly carpeted staircase to the first floor, Newly fitted navy satin coloured kitchen units at both floor and eye level and complimentary white worksurfaces, together with in built sink unit with drainer and mixer tap. A CDA integrated oven, and Zanussi induction hob. Built in fridge freezer, and logic washing machine. White marble effect high gloss tiled floor, and upright radiator.

Master Bedroom
With newly fitted dark grey carpeting, window to the front aspect and upright radiator.

Ensuite Shower Room 
Newly fitted shower room.

Income 

The property is currently let subject to a assured shorthold tenancy agreement. Achieving £650 per month or £7800 per year.

General Description Outside
Gravelled frontage provides off road parking.  Steps leading down to a pathway, which leads to the front door and gate.

Individual guide price £100,000 Plus  

 

Lot 101b – The original Manor house. With ample parking and situated to the rear of 77 Barrowby Road.

With the benefit of existing live Planning consent for the conversion of the main house into 5 luxury residential apartments. Being (upon completion) Two. Two bedroom apartments and three one bedroom apartments. Togeather with allocated parking to front of the main house.
The Manor House can be found by searching for  ///trout.trying.sheet.

The planning consent is recorded with South Kesteven District council decision reference S22/0105 24th August 2022.

Individual guide price £300,000 Plus 

Lot 101c – Land to the rear of 77 Barrowby Road and adjacent to the Manor House.

The remaining land area being 568.51 square metres (subject to measurement survey). With significant hope value for future residential planning consent for a bungalow, or luxury bespoke residence, Garage, parking and gardens.   

Individual guide price £65,000 Plus 

 

https://palaceauctions.com/property/modern-1-bedroom-investment-house-income-producing/

 

Get in touch

Edward Swindells Auctioneer Consultant Auctioneer & Valuer

Location

79 Barrowby Road Grantham NG31 8AB ///easy.pocket.rooms

Viewing Details

To arrange a viewing please email Tom on Tom@palaceauctions.com or call Edward on 0797 1033276 or Email Edward@palaceauctions.com

Accommodation

Accommodation 
Entrance
With upvc front door into the main living area.

Living Area/kitchen
This beautifully presented open plan living area, has a newly carpeted staircase to the first floor, Newly fitted navy satin coloured kitchen units at both floor and eye level and complimentary white worksurfaces, together with in built sink unit with drainer and mixer tap. A CDA integrated oven, and Zanussi induction hob. Built in fridge freezer, and logic washing machine. White marble effect high gloss tiled floor, and upright radiator.

Master Bedroom
With newly fitted dark grey carpeting, window to the front aspect and upright radiator.

Ensuite Shower Room 
Newly fitted shower room.

Plus The Former Manor house. Under conversion providing 2 reception rooms 4 Bedrooms and loft space.

Plus Parking area and approximately 600 Square metres of Land to the South of the Site.

Map

Street View

Income
79B Barrowby is currently generating income via an AST of £7800 per Annum
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Mapping data licensed from Ordnance Survey with the permission of the Controller of Her Majesty’s Stationery Office. © Crown Copyright. All rights reserved. Licence number 100022432. Location plans are reproduced from the Ordnance Survey mapping with the permission of Ordnance Survey on behalf of the Controller of Her Majesty’s Stationery Office, © Crown copyright and Database Rights 2018 OS 100060020

The plans and photographs shown in the catalogue are included in order to assist you in locating the Lot in question. They are not to be taken as drawn to scale and any arrows on plans or photographs are merely to assist you in finding the Lot, not for the purpose of indicating legal boundaries or which direction the lot is facing.

The Auctioneers do not warrant or represent that any plans or photographs show the up-to-date position with regard to occupiers either for the Lot or for any other properties shown in such plans or photographs.