1/8
Auction
£250,000
11 beds · 9 baths
High Street, GRANTHAM
0.01 miles
away
Leasehold
Added on 16/09/2026 William H. Brown
Auction
1/20
Auction
1/20
£250,000
Guide Price Commercial property for sale High Street, Grantham
Commercial property
For sale by auction Leasehold
Added on 16/09/2026
About this property
Offered for sale is the first floor, with a dedicated ground floor entrance at the front of the building of 52-53 High Street, Grantham which has planning permission granted for a residential conversion incorporating 9 flats (7x 1 beds & 2x 2 beds). A new lease will be set up, with further information available within the legal pack. The proposed development represents a fantastic opportunity for an investor to either develop and sell on the units, or develop and retain the units as a rental investment.
Key features
- First-floor commercial space with granted planning permission for conversion to 9 residential flats (7 x 1-bed & 2 x 2-bed units)
- Approved change of use from Commercial/Business/Service to Class C3 Dwelling Houses
- Excellent investment opportunity suitable for develop-to-sell or develop-to-rent strategies
- New lease to be created, with full details available in the legal pack
- Located within the Grantham Conservation Area and adjacent to a Grade II listed building
- Situated in Grantham town centre, close to extensive amenities including supermarkets, restaurants, medical facilities, and schooling
- Strong transport links with immediate access to the A1 and A52 road networks
- Walking distance to Grantham Railway Station, offering direct, easily commutable connections to London
Floorplan
Location
High Street, Grantham, NG31 6NE
- Council tax
- Band D (Approx £2,260/year)The agent has not stated the band, so band D is shown as the local reference: South Kesteven's 2026/27 area average, including the typical parish precept. The actual band and any discounts change the bill.
Mortgage and stamp duty
Property price £250,000
£125k £375k
Deposit10% £25,000
£0 £250k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £225,000 mortgage. Most lenders would want a household income of about £50,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
Historic sold prices nearby
HM Land Registry sales on High Street — none recorded yet for NG31 6NE. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| 39, High Street NG31 8JR Detached | Detached | Apr 2026 | 1,744 sq ft £206/sq ft | 1,744 sq ft | £206 | £360,000 |
| 2, High Street NG31 8LB Detached | Detached | Nov 2024 | 915 sq ft £295/sq ft | 915 sq ft | £295 | £270,000 |
| 15, High Street NG31 8JS Terraced | Terraced | Oct 2024 | 1,066 sq ft £160/sq ft | 1,066 sq ft | £160 | £170,000 |
| 33, High Street NG31 8JR Terraced | Terraced | Apr 2024 | 753 sq ft £159/sq ft | 753 sq ft | £159 | £120,000 |
| 11, High Street NG31 8JS Terraced | Terraced | Sept 2023 | 1,625 sq ft £169/sq ft | 1,625 sq ft | £169 | £275,000 |
| 7b, High Street NG31 8JS Detached | Detached | Feb 2023 | 926 sq ft £246/sq ft | 926 sq ft | £246 | £227,500 |
| 45, High Street NG31 8JR Detached | Detached | Dec 2022 | 1,604 sq ft £232/sq ft | 1,604 sq ft | £232 | £372,500 |
| 37a, High Street NG31 6PH Flat / maisonette | Flat / maisonette | Jan 2022 | 1,044 sq ft £67/sq ft | 1,044 sq ft | £67 | £70,000 |
Area insights
The neighbourhood around this property.
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