Residential development for sale

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Residential development for sale

Barrowby Road, Grantham NG31
£250,000

Price History

Initial price £400,000
17/10/24 £300,000
23/10/24 £250,000
Price Change -37.50%

Description

This property is being sold as a whole or in three separate lots through an auction. The first lot is a former Georgian estate house with planning consent to convert it into 5-7 luxury flats. The second lot is a one-bedroom house at 79a Barrowby Road, which has been fully updated with a new kitchen, bathroom, and carpets. The third lot is approximately 0.7 acres of land adjacent to the estate house, with potential for future development. The estate house has existing planning consent for conversion into 5-7 flats, and the one-bedroom house is currently let out, generating an annual income of £7,800. The property is located in a desirable area with easy access to the town center, shops, schools, and train station.