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See how verdicts work3-bedroom detached house · NG31 8LN
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detached Three Bedroom Home, popular village location enjoying charming views towards St. Sebastian's Church.
Katherine House offers an exciting chance for buyers seeking a full renovation project with huge potential.
The property is offered for sale with NO UPWARD CHAIN, making it an ideal opportunity for those ready to create their dream home.
The accommodation comprises: Entrance Hall, Sitting Room, Dining Room, Kitchen, Rear Lobby & Walk-in Pantry. To the First Floor are Three Bedrooms & Family Bathroom.
Outside there is a Front Garden, Driveway providing Off-Road Parking, Garage & Rear Garden which is a standout feature offering excellent space for further landscaping or possible extension potential (subject to planning).
Viewing is highly recommended to appreciate the potential and possibilities this home presents.
Tenure: Freehold / Council Tax: Band D VIEWINGS By appointment only directly with the selling agents Buckley Wand or e-mail: .
If you have any questions or require further information regarding this property or any other matter please do not hesitate to contact us.
DIRECTIONS From our offices on Westgate, proceed towards Watergate/High Street, turn left at the traffic lights and continue over the next set of traffic lights onto North Parade, continue along this road past the school and into the village of Great Gonerby onto High Street.
Take a right hand turn at the Premier Shop onto Long Street. Continue along the road where the property is located on the left hand side and can be identified by a Buckley Wand 'For Sale' board.
SITUATION Great Gonerby is a popular village approximately two miles to the North of Grantham.
The village benefits from a range of amenities including Church, Primary School, Post Office, Village Shop, Public House, Social Club and also a regular bus service into Grantham.
Grantham is a historic and growing market town situated on the old Great North Road (A1) and East Coast main line linking the town to London (Kings Cross) in just over an hour.
Within the town there are both girls' and boys' grammar schools, also a number of primary, secondary and nursery schools.
Grantham boasts a wealth of further amenities such as health, leisure and shopping including a variety of independent boutiques and National chain shops as well as a Saturday street market.
ACCOMMODATION Photographs are taken using a wide angled lens. All dimensions are approximate and are taken from plaster to plaster.
GROUND FLOOR The property is entered via a part glazed uPVC door which leads to the: ENTRANCE HALL Radiator, telephone point, picture rail, stairs to First Floor, uPVC double glazed window and doors to: SITTING ROOM 4.79m (15' 9") x 3.42m (11' 3") Coved ceiling, picture rail, timber fire surround with marble effect backing and hearth, radiator and walk-in uPVC double glazed bay window to the front elevation.
DINING ROOM 3.50m (11' 6") x 3.31m (10' 10") Timber fire surround with wall mounted electric fire, cupboard housing water cylinder, uPVC double glazed window to the front elevation and door to: BREAKFAST KITCHEN 5.44m (17' 10") x 2.43m (8' 0") Range of base units with roll edge work surface over, stainless steel sink and drainer unit, space and point for gas cooker, space and plumbing for washing machine, floor standing Ideal standard boiler (not functional), uPVC double glazed window to the side and rear elevations, door to Entrance Hall and door to: REAR LOBBY Storage cupboard with fitted shelving, door to Walk-In Pantry with fitted shelving and glazed window to the side elevation, and part glazed uPVC door to the Rear Garden.
FIRST FLOOR-LANDING A painted spindled staircase leads from the Entrance Hall to the First Floor Landing.
Painted spindled balustrade, radiator, access to loft, uPVC double glazed window to the front elevation and doors to: BEDROOM ONE 4.77m (15' 8") x 3.37m (11' 1") Picture rail, fitted cupboard with hanging rail and hooks, radiator and walk-in uPVC double glazed bay window to the front elevation.
BEDROOM TWO 3.47m (11' 5") x 2.77m (9' 1") Picture rail, radiator and uPVC double glazed window to the front elevation.
BEDROOM THREE 3.08m (10' 1") x 2.98m (9' 9") Picture rail, radiator and uPVC double glazed window to the rear elevation.
FAMILY BATHROOM 2.20m (7' 3") x 1.93m (6' 4") Three piece suite comprising of low level WC, wash hand basin with cupboard below, panelled bath, radiator and uPVC double glazed window to the side elevation.
OUTSIDE The property is approached via a wrought iron hand gate which leads to path and steps up to the Open Canopied Entrance with quarry tiled floor and external light.
FRONT GARDEN The Front Garden is well maintained by the current owners and is mainly laid to lawn with borders of established plants and shrubs, there is a timber hand gate providing access to the Rear Garden.
here is perimeter stone and wrought iron fencing to the front elevation.
DRIVEWAY / GARAGE To the side of the property are a pair of wrought iron vehicular gates which provide access to the tarmac driveway which provides off-road parking and leads down the side of the property to the Garage and to a timber gate leading to the: REAR GARDEN The Rear Garden forms an important feature to the property being well sized and maintained.
Paved patio area, lawned garden, two brick built outbuildings (WC with low level WC and light, Store with light and power), gravelled area with two timber sheds, steps and path leading to large area currently uncultivated but ideal for vegetable plot or to be laid to lawn.
To the side is a timber open canopied seating area and a brick and glazed greenhouse. The Garden is enclosed by brick wall and timber fencing.
TENURE & COUNCIL TAX The property is understood to be freehold.
SKDC current council tax band for this property is: D ANTI-MONEY LAUNDERING REGULATIONS All clients offering on a property will be required to produce photograph proof of Identification, and proof of financial ability to proceed, we understand it is not always easy to obtain the required documents and will assist you in any way we can.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Katherine House, 5 Long Street, Grantham
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