Former Butchers & Two Cottages, Main Street, Barrowby, Grantham, Lincolnshire, NG32 1BZ
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Former Butchers & Two Cottages, Main Street, Barrowby, Grantham, Lincolnshire, NG32 1BZ

By The County Property Auction

£ 400,000

Reviews

3 out of 5 stars

The County Property Auction says ..

Former Butchers - 2 x 3 bed cottages - Needing refurbishment - set in 0.38 of an acre - Heart of popular village - Buyers Fee £900 + VAT

Property Oracle says ..

This property presents a unique opportunity for a buyer looking for a substantial renovation project in a desirable Lincolnshire village setting. The listing comprises a former butcher’s shop and two cottages, all in need of complete refurbishment, situated on a large 0.38-acre plot in the heart of Barrowby, Lincolnshire.

The external appearance suggests a sound structure, but the interior photographs reveal extensive damage and outdated features throughout the butcher’s shop and cottages. Walls require repair or replacement, and all fixtures and fittings would need to be upgraded or replaced. This will require significant financial investment and project management expertise.

The substantial plot size is a key attraction, offering ample space for potential development or expansion beyond the existing structures. There could be scope to convert the butcher’s shop into additional residential or commercial space, subject to planning permission. Given the desirable location close to the highly-rated Barrowby Church of England Primary School, and Grantham’s train station, this property will appeal to buyers in the market for a large-scale project and/or commercial investor. The proximity to Grantham also adds value due to its amenities and transport links.

Ultimately, the success of this investment will depend heavily on the buyer’s ability to manage a large-scale renovation project and successfully obtain any necessary planning permissions for development. A thorough survey and detailed cost estimates are absolutely vital before proceeding.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
8
Bedrooms
0
Bathrooms
0
Sqft (est)
3,668.34

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
1,250,000.00 £
Increased by 17.34 %
from 1,065,278.00 £
Est sale value
388,844.04 £
Decreased by 86.88 %
from 2,964,018.72 £
Average area rental value
1,844.00 £/mo
Decreased by 41.18 %
from 3,135.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 7,336.68 £/mo
Est rental Yield
1.77 %
Decreased by 49.86 %
from 3.53 %
Crime Rate
89.00 %
Unchanged by 0.00 %
from 89.00 %

Agent Activity

  • The County Property Auction marked this listing as sold.

  • The County Property Auction created the listing.

Nearby Schools

NameTypeOfstedDistance
Barrowby Church Of England Primary SchoolVoluntary Controlled SchoolOutstanding0.35 KM
Poplar Farm SchoolFree Schools3.00 KM
Ambergate Sports CollegeAcademy Special ConverterOutstanding3.08 KM
Grantham Swingbridge Children'S CentreChildren's Centre3.17 KM
West Grantham Church Of England Primary AcademyAcademy Converter3.36 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Manor Road £ 775,00000.00 KM
The Square £ 000.00 KM
Thorold Road £ 320,00000.00 KM
Morris Road £ 000.00 KM
Owen Way £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Grantham6469GRA5.60 KM

Nearby Listings

AddressPriceTypeScoreDistance
Rinteln and Kinross, Main Street, Barrowby, Grantham NG32 1BZ £ 225,000BUY5 / 100.02 KM
Rinteln and Kinross, Main Street, Barrowby, Grantham NG32 1BZ £ 199,000BUYUnknown0.02 KM
Rinteln, Main Street, Barrowby, Grantham, NG32 £ 150,000BUY5 / 100.05 KM
Welby Terrace, Barrowby £ 275,000BUY7 / 100.07 KM
Mill Row, Grantham, NG32 £ 440,000BUY6 / 100.21 KM

Nearby Properties

AddressPriceDistance
8 Main Street £ 130,0000.04 KM
Paddock House £ 68,5000.04 KM
3 Main Street £ 168,0000.05 KM
2 Main Street £ 115,0000.05 KM
7 Main Street £ 156,9500.05 KM