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Property for sale by Auction A sunny day in a town square featuring colorful, historic buildings. People are sitting at outdoor tables under umbrellas near a pizza and fish bar, with more shops lining the street. A stone monument with a cross stands prominently in the center—prime residential development opportunity in Grantham. Presented by World of Auctions

Prime Residential Development Opportunity in Grantham: A Lucrative Property Investment

Unveiling a Unique Property Investment Opportunity in Grantham

Are you a savvy investor or developer seeking a prime residential development opportunity in Grantham? Look no further! We’re excited to present an exceptional property investment package that combines immediate rental income, historical charm, and significant development potential. This rare offering, brought to you jointly by Palace Auctions London and World of Auctions, is perfect for those ready, willing, and able to make a strategic investment in Grantham’s thriving property market.

 

Grantham and the Area

Three Distinct Lots for Savvy Investors

 

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 World of 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 World of Auctions

Lot 101a: Modern Terrace Home with Immediate Rental Income

Situated at 79a Barrowby Road, Grantham NG31 8AB, this newly renovated terrace home offers an instant return on investment. Key features include:

– Modern interior with a stylish navy-coloured kitchen
– Newly fitted shower room
– Prime location within walking distance of town amenities
– Currently let with an assured shorthold tenancy agreement
– Generating £650 per month (£7,800 per year)
– Guide price: £100,000 Plus

This property presents an excellent opportunity for investors looking for immediate cash flow and potential for long-term appreciation.

 

 

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 World of Auctions
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 neighbouring houses are visible in the background. Presented by World of Auctions

Lot 101b: Georgian Estate House with Luxury Apartment Conversion Potential

Located to the rear of 77 Barrowby Road, this historical gem offers a unique blend of period charm and modern potential:

– Original Georgian Estate house
– Existing live Planning consent for conversion into 5 luxury residential apartments
– Planning consent recorded with South Kesteven District council (decision reference S22/0105, 24th August 2022)
– Guide price: £300,000 Plus

This lot is perfect for developers keen on preserving historical architecture while creating high-end, modern living spaces in Grantham.

 

Property for sale by Auction Uneven, overgrown grassy area with patches of wildflowers and weeds. In the background, there is a row of red brick houses with chimneys. A brick wall separates the yard from the houses. The sky is overcast with grey clouds. Presented by World of Auctions
Property for sale by Auction Uneven, overgrown grassy area with patches of wildflowers and weeds. In the background, there is a row of red brick houses with chimneys. A brick wall separates the yard from the houses. The sky is overcast with grey clouds. Presented by World of Auctions

Lot 101c: Land Parcel with Future Development Prospects

Approximately 0.7 acres of land adjacent to and behind 77 Barrowby Road:

– Significant hope value for future residential planning consent
– Potential for a bungalow, luxury bespoke residence, garage, parking, and gardens
– Guide price: £65,000 Plus

This parcel offers visionary investors the chance to create a truly bespoke development in a desirable Grantham location.

 

Why Invest in This Grantham Property?

 

Prime Location and Accessibility

Grantham is a thriving market town with excellent transport links, including direct train services to London. The property’s location on Barrowby Road ensures easy access to local amenities, making it attractive for both residents and future developers.

 

Diverse Investment Options

This unique opportunity allows investors to tailor their involvement:

1. Acquire all three lots for a comprehensive development project
2. Focus on immediate rental income with Lot 101a
3. Undertake a luxury apartment conversion with Lot 101b
4. Develop a bespoke residence on Lot 101c

 

Historical Charm Meets Modern Potential

The combination of a Georgian estate house and modern development potential offers a rare chance to blend Grantham’s rich history with contemporary living standards, potentially commanding premium prices in the local market.

 

The Auction Process: Your Path to Securing This Investment

 

About Palace Auctions London and World of Auctions

As joint auctioneers, Palace Auctions London and World of Auctions bring extensive experience and expertise to this property sale. Their combined networks ensure maximum exposure to serious investors and developers across the UK.

 

How to Participate in the Auction

1. Register your interest with either Palace Auctions London or World of Auctions
2. Arrange a viewing of the property
3. Review all legal documents and conduct due diligence
4. Ensure finances are in place, including any necessary lending arrangements
5. Attend the auction (online or in-person) and place your bid

 

Take Action: Seize This Residential Development Opportunity Today

Don’t miss this chance to invest in a prime residential development opportunity in Grantham. Whether you’re looking for immediate rental income, a historical conversion project, or land for future development, this property package offers it all.

Ready to take the next step? Contact us today to learn more and schedule a viewing:

Email: tom@palaceauctions.com or edward@worldofauctions.co.uk
Mobile: 07971 033276

Act now to secure your piece of Grantham’s promising property market!

A substantial residential and development opportunity

southkesteven.gov.uk/planning-planning-applications

 

home.co.uk/guides/house_prices_report gantham