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Lot 101

A substantial residential and development opportunity

Guide price £ 250,000

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

Description

Premier Investment Opportunity at 79 Barrowby Road, Grantham NG31 8AB

Presenting a unique and lucrative investment opportunity, available for purchase in its entirety or as individual lots. This package includes:

  • A fully modernized one-bedroom house at 79a Barrowby Road, offering immediate rental income.
  • A historic Georgian Manor house, nestled behind 77 Barrowby Road, with approved planning consent for transformation into 5-7 luxury flats.
  • Approximately 0.7 acres of prime land adjacent to and behind 77 Barrowby Road, boasting excellent access and immense potential for future development.

Detailed Lot Information

Lot 101a – 79a Barrowby Road

We are delighted to present this newly renovated terraced home, brought to you by Palace Auctions and World of Auctions. This property boasts:

  • A contemporary interior, featuring a stylish navy kitchen and a newly fitted shower room.
  • Fresh decoration throughout, inclusive of new carpets and floor coverings.
  • Convenient off-road parking.
  • An enviable location, within easy reach of the town center, shops, schools, and the train station.

Accommodation Details

  • Entrance: A welcoming entrance with a UPVC front door leading directly into the main living area.
  • Living Area/Kitchen: An open-plan living space with a newly carpeted staircase to the first floor, chic navy satin kitchen units, and contrasting white work surfaces.
  • Master Bedroom: A spacious bedroom with newly fitted dark grey carpeting, a window offering a front aspect view, and an upright radiator.
  • Ensuite Shower Room: A modern, newly fitted shower room.

This property is currently let under an assured shorthold tenancy agreement, generating a steady income of £650 per month or £7800 per year.

The individual guide price is £95,000 Plus.

 

Lot 101b – The Original Manor House

This lot, located behind 77 Barrowby Road, 

Tyndal Lodge, 79 Barrowby Road, Grantham, Lincolnshire, NG31 8AB

Introduction.

Palace Auctions and World of Auctions take great pleasure in presenting to the market Tyndal Lodge – Together with Planning approval for its updating and conversion to 5 luxury apartments.

Tyndal Lodge, located at 79 Barrowby Road, Grantham, Lincolnshire, NG31 8AB, is a site with a rich historical background, particularly tied to the Freemasonry movement in Grantham.

The property includes lawns and parking to front, side and rear elevations and is approximately 700 Square metres in Site area.

 

The property is easily located by searching for https://what3words.com/plans.bossy.digs

The properties live planning consent can be found at Planning ref : S22/0105   publicaccess.southkesteven.gov.uk/online-applications

Historical Background

 

Early Freemasonry in Grantham

The Doric Lodge, one of the prominent lodges, was formed on December 18, 1819. However, the lodge faced challenges and its status was erased by Rev. William Peters at the Provincial Grand Lodge at Lincoln in 1796.

Establishment and Evolution of Tyndal Lodge

Tyndal Lodge since the mid-1930s. The lodge is home to five Craft Lodges including the Royal Ark Mariners No.916, and a Knights Templar Heneage Preceptory No.301.

 

Significant Artifacts and Events

The lodge houses several significant artifacts, including a Volume of the Sacred Law given by John Langworth in 1792. Another notable event in the lodge’s history is the Dispensation for the Lodge (Doric) to change its meeting place from the Angel Inn to the Granby Inn on January 22, 1820.

Celebrations and Honours

In recent years, the Doric Lodge celebrated its 200th anniversary on December 4, 2019. The event was graced by the presence of the Provincial Grand Master Rt W Bro David Malcolm Wheeler, along with members of the executive and the Provincial team.

 

Architectural and Developmental Aspects

Location and Accessibility

The property at 79 Barrowby Road is strategically located, ensuring easy access to local amenities and excellent transport links, including direct train services to London. This makes it a prime location for both historical significance and modern convenience.

Development Potential

The site offers a unique blend of historical and contemporary living standards. It includes a Georgian estate house with potential for luxury apartment conversion and modern terrace homes with immediate rental income. This combination provides a rare opportunity to blend Grantham’s rich history with modern development prospects.

Conclusion

Tyndal Lodge at 79 Barrowby Road, Grantham, stands as a testament to the enduring legacy’s and importance of Grantham.  the lodge encapsulates a rich historical narrative. Its strategic location and development potential further enhance its significance, making it a notable landmark in Grantham’s historical and contemporary landscape.

 

 

Lot 101c – Land at the Rear of 77 Barrowby Road and Adjacent to the Manor House

This expansive land area measures 568.51 square meters (subject to measurement survey). It holds significant potential for future residential planning consent for a bungalow, luxury bespoke residence, garage, parking, and gardens. The individual guide price is £65,000 Plus.

This is a golden opportunity for cash buyer investors seeking a substantial residential and development opportunity.

 

 

Get in touch

Edward Swindells 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@worldofauctions.co.uk

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

Important Notices & Guidance Notes

Important notices

Pre-registration approval to bid, guide prices, reserves, additional charges and other matters.

Pre-registration approval to bid World of Auctions now require all bidders who wish to bid at our Auctions to register. All checks required by current anti-money laundering legislation must be satisfactorily completed as part of this process before prior approval to bid will be given.

Please use the links on our website to pre-register. Following approval to bid, the buyer named in your registration cannot be changed without the consent of the auctioneers.

Guide Prices

A guide price (to include a range of prices), is not an indication of the anticipated eventual selling price or a valuation; it is an indication of the minimum price ( “the Reserve” ) at which (or range of prices within which) the seller might be prepared to sell. The eventual sale price can and frequently does, exceed the guide price.

Where a range is given, the Reserve will sit within that range and will not exceed the top end of the range. Where a single figure Guide Price is given, the Reserve will be within 10%, upwards or downwards, of that figure.

The guide price may be subject to change up to and including the day of the auction. The latest published guide price (or range of prices) is displayed on our website, and you should check the website regularly for updates and on the day of the auction.

All guide prices are quoted “subject to contract”.

Please note the guide price for the Lot does not include: – any Buyers’ Fee charged by the auctioneers; – VAT on the sale price; – SDLT or any other Government taxes.

Additional costs and fees charged by the seller or third parties that might apply to some Lots and/or some buyers.

If a guide price is listed as “TBA”, it means no guide price has been set at present. Please do call our office about this. The guide price, or range of prices, will be published online immediately it becomes available and you should check the auction website regularly for updates and on the day of the auction.

Reserve Prices

The reserve price is the minimum price at which the Lot can be sold.

Whilst every effort is made to ensure that the advertised guide prices are up to date. it is possible that the reserve price set for any Lot may exceed the previously quoted guide price. This is because the seller may fix the final reserve price just before the Lot is offered for sale and you should check the website regularly for updates and on the day of the auction.

World of Auctions, Residential and Commercial Auctions. Our content is meticulously curated by our seasoned professionals, specifically tailored for discerning property buyers. Our platform is best suited for experienced institutional or business buyers, as well as individuals equipped with the necessary knowledge and expertise to make informed purchasing decisions. We deal in properties that come with their own unique set of risks, which our sophisticated buyers understand. If you’re uncertain about meeting these prerequisites, we recommend seeking independent advice or reaching out to us directly.”

Buyers Premium 

A buyer’s premium is an additional charge that successful bidders are required to pay on top of their final bid price at a property auction. This fee is typically a percentage of the final bid and is paid directly to the auction house. It serves as a kind of commission for the auctioneer’s services. The exact percentage can vary depending on the auction house. At world of Auctions our buyers premium on Property (Real Estate sales) is normally £5000 plus vat. It is usually clearly stated in the auction’s terms and conditions. It’s crucial for bidders to factor in the buyer’s premium when determining their maximum bid, as it significantly affects the total cost of the property.

Buyers’ fees, Seller’s fees and additional charges

For each Lot, a documentation charge / Fee is payable on the fall of the hammer to World of Auctions as follows:

Residential Auctions – Lots sold for £10,000 or more: Buyers’ Fee of £1,500 inclusive of VAT.

Lots sold for less than £10,000: Buyers’ Fee of £500 inclusive of VAT.

Commercial Properties – All Lots: Buyers Fee £1,000 excluding VAT

Additional charges and fees might be charged by the seller and/or other third parties. You are strongly advised to read the Special Conditions of Sale for the Lot prior to bidding to check for any additional charges and fees and to check the addendum which might also (but does not always) contain details of such amounts.

VAT may be chargeable in addition to the sale price for the Lot. The auctioneer will announce this and will be contained within the particulars.

Other Matters

Please note that Lots may be sold or withdrawn at any time prior to auction.

Please note that the amount of Bidder Security (payable on application to bid at the auction) and the Buyer’s Fee may be varied from the standard amounts quoted upon or website or by a member of our sales team. So please check.

Please refer to the addendum, the Particulars and/or the conditions of sale.

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.