Corner House, 77 High Street,, Caythorpe, Grantham, NG32 3DP , & Corner House Cottage, 5 Church Lane,, GRANTHAM, Lincolnshire, NG32 3DU

Description

7 bedroom home with a 2 bedroom cottage annexe With a detached garage Sold with vacant possession Description Offered for sale is a Grade II listed seven-bedroom property with an attached Grade II listed two-bedroom cottage annexe. There is flexible accommodation across the two properties, which are held on the same title register. There is pedestrian access over the courtyard with access to the properties from both road frontage and to the rear. The detached garage has been used as a home office and there is a staircase rising to the loft space. There is an inspection pit in the garage and double doors opening out onto Church Lane. Most recently, the properties have operated as a care home and there is scope to re-instate a care home, subject to necessary permissions and consents, whilst also providing the opportunity for other potential commercial uses. The property has been well maintained over the years and upgrades have been made sympathetically, in keeping with the character and

Location

Property located at Corner House, 77 High Street,, Caythorpe, Grantham, NG32 3DP , & Corner House Cottage, 5 Church Lane,, GRANTHAM, Lincolnshire, NG32 3DU.

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £15,000–£40,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.

GDV / Resale Analysis

No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.

Properties Sold Within Approx. 5 Miles

No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.

Investor Risks & Due Diligence

• Review the full legal pack and title before bidding

• Confirm all auction administration / contract charges

• Verify property condition and obtain appropriate surveys

• Confirm refurbishment costs with contractor quotations

Recommendation

Preferred strategy: Buy-to-Let / Owner-Occupier. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.

Strategy Rating

Buy-to-Let: ★★★★☆

BRRR: ★★★☆☆

Flip: ★★★☆☆