Castle Farm, Castle Bytham
KI

Castle Farm, Castle Bytham

By King West

£ 850,000

Reviews

3 out of 5 stars

King West says ..

A former farmyard comprising a Grade II listed three-bed barn conversion and stable block conversion with two one-bed apartments, a separate agricultural outbuilding plus three agricultural barns, set in circa 1.5 acres on the outskirts of the sought-after village of Castle Bytham. Additional lan...

Property Oracle says ..

This property is a former farmyard in the desirable village of Castle Bytham, Lincolnshire. It comprises a Grade II listed three-bed barn conversion, along with a stable block conversion offering two one-bed apartments, plus various agricultural outbuildings and barns. The property sits on approximately 1.5 acres of land. The photos reveal a property with significant potential, but in need of updating and potential refurbishment. The interior features original character elements like exposed beams, but also outdated carpeting and fixtures. The barns and outbuildings offer considerable scope for various uses, potentially adding significant value. The location within Castle Bytham offers a rural setting while still being within reach of local amenities and schools. However, the absence of nearby public transport should be considered. The asking price appears relatively reasonable in relation to similar properties in the area, although a lack of precise square footage details for the residential parts makes a precise price-per-square-foot comparison difficult. Overall, the property represents a compelling investment opportunity for those seeking a large, characterful property with significant development potential. However, potential buyers should budget for refurbishment costs.

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
7
Condition
5
Location
7
Land
8
Bedrooms
5
Bathrooms
4
Sqft (est)
11,761.40

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
662,500.00 £
Increased by 41.45 %
from 468,379.00 £
Est sale value
5,045,640.60 £
Increased by 22.92 %
from 4,104,728.60 £
Average area rental value
1,788.00 £/mo
Increased by 41.12 %
from 1,267.00 £/mo
Est letting value
11,761.40 £/mo
from 0.00 £/mo
Est rental Yield
3.24 %
Decreased by 0.31 %
from 3.25 %
Crime Rate
21.00 %
Unchanged by 0.00 %
from 21.00 %

Agent Activity

  • King West created the listing.

Nearby Schools

NameTypeOfstedDistance
Bythams Primary SchoolCommunity SchoolGood3.79 KM
Charles Read AcademyAcademy ConverterGood6.24 KM
Corby Glen Community Primary SchoolCommunity SchoolRequires improvement6.39 KM
The ShiresOther Independent Special SchoolGood7.67 KM
Casterton College RutlandAcademy ConverterGood9.50 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Heathcote Road £ 000.00 KM
Swayfield Road £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Castle Farm, Castle Bytham £ 850,000BUY6 / 100.00 KM
Glen Road, Castle Bytham, Grantham, Lincolnshire, NG33 £ 970,000BUY7 / 100.10 KM
Glen Road, Castle Bytham, Grantham £ 725,000BUY7 / 100.25 KM
Glen Road, Castle Bytham, Grantham £ 350,000BUYUnknown0.34 KM
Heathcote Rd, Castle Bytham £ 725,000BUY6 / 100.41 KM

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AddressPriceDistance
5 Glenside £ 460,0000.14 KM
3 Glenside £ 379,9950.14 KM
6 Glenside £ 345,0000.15 KM
61 Glen Road £ 275,0000.25 KM
22 Glen Road £ 270,0000.25 KM