4-bedroom house · NG32 3LY
For saleReduced £25k (−3.5%) on 17 SepListed 142 days
Opportunity summary
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About
A substantial Grade II Listed stone-built farmhouse together with extensive outbuildings overlooking south facing gardens and paddocks of 5.12 acres.
The Chestnuts is an historic village farmhouse believed to date from the late 17th Century and until recently the heart of a working farm.
The property is now in need of renovation and improvement but provides accommodation of approximately 3000 square feet offers a rare opportunity to create an enviable family home with an equestrian bias.
The extensive stone outbuildings which include garaging and stables have a footprint of 2880 square feet and are suited to conversion and a variety of uses.
In addition there is charming listed pigeon cote to the rear. Services Mains electricity, water and drainage are connected. Services may need to be separated from the farm supply.
Oil fired central heating is installed. We understand that fibre to cabinet broadband is currently available with a full fibre service planned. None of the services have been tested.
Covenants The sale is subject to standard estate covenants to protect the setting of Chestnuts Farmhouse and neighbouring properties.
All boundaries pass with the sale except the southern field boundary.
The purchaser to maintain the boundaries in a stock proof condition." Viewing Viewing strictly by prior appointment through Newton Fallowell. Appropriate clothing to be worn.
The pigeon cote is not considered safe to enter. Postcode NG32 3LY What3Words ///overlaps.stubborn.streaming Dimensions And Plans These are for information only and may not be accurate.
Wayleaves And Easements Electricity wayleaves over the fields are retained by the vendors. Solicitors Chattertons, 9 Broad Street, Stamford PE9 1PY.
Telephone Local Authority South Kesteven District Council, St Catherines Road, Grantham, Lincolnshire NG31 6TT. Telephone Parking - Driveway Parking - Garage
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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
Agent & docs
FAQ
About The Chestnuts Farmhouse, Blacksmith Lane, Grantham
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