Palace Auctions (London) LTD, London

Barrowby Road, Grantham, Lincolnshire

Guide price

£305,000

Auction

Size

43,560

Tenure

Freehold

EPC

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Parking

5

Primary use
Residential development
Other use(s)
Land

Key features

  • Substantial freehold site with updated 1-bed house and Georgian estate house (planning for 5–7 flats) on approx. 0.7 acres.
  • Prime Barrowby Road location—direct access, mature boundaries, and established family neighbourhood.
  • Planning consent secured for Georgian house conversion; further development potential subject to planning.
  • 79a Barrowby Road is fully updated, vacant, and ready for immediate occupation or rental.
  • Outstanding local schools: Barrowby CE Primary (Outstanding), Priory Ruskin Academy (Outstanding), top grammar schools.
  • Walking distance to supermarkets, shopping centres, parks, and Grantham Meres Leisure Centre.
  • Excellent transport: 1.5 miles to Grantham station (London King’s Cross from 1hr 3min), A1 under 1 mile, direct bus routes.
  • Grantham’s heritage: birthplace of Margaret Thatcher, Isaac Newton’s school, St Wulfram’s Church, Angel and Royal Hotel.
  • Strong investment case: NG31 avg. price £215k, rental yield 5.8%, robust demand, council’s housing land supply shortfall.
  • For sale by day completion.

Description

Exceptional Residential Development Opportunity – 77–79a Barrowby Road, Grantham, NG31 8AB
Palace Auctions London is delighted to present a rare and substantial residential development opportunity in the heart of Grantham, Lincolnshire. This freehold site, extending to approximately 0.7 acres, combines period character, immediate income potential, and significant scope for further development. With planning consent secured for the conversion of a Georgian estate house into 5–7 residential flats, an updated one-bedroom dwelling at 79a Barrowby Road, and additional land offering further potential (subject to planning), this is a flagship opportunity for developers, investors, and lifestyle buyers seeking a prime address in one of Grantham’s most desirable neighbourhoods.
Property Overview
Occupying a prominent position on Barrowby Road (A52), a sought-after residential corridor to the west of Grantham town centre, the site is defined by mature boundary planting, level topography, and direct vehicular and pedestrian access. The property comprises three principal components:
79a Barrowby Road: A fully updated, self-contained one-bedroom house at the front of the site, currently vacant and ready for immediate occupation or rental.
Georgian Estate House (rear of 77 Barrowby Road): A substantial period property with classic Georgian architecture, benefiting from planning consent for conversion into 5–7 residential flats. The house requires comprehensive refurbishment, offering a blank canvas for restoration and value creation.
Development Land: Approximately 0.7 acres of predominantly level land, adjacent to and behind the existing dwellings, with mature trees and fencing providing privacy and an established landscape setting. The land offers further residential development potential, subject to planning with South Kesteven District Council.
Existing Structures
79a Barrowby Road – Updated One-Bedroom House
Positioned at the front of the site, 79a Barrowby Road is a modern, self-contained one-bedroom house that has been fully updated to a high standard. The property is currently vacant, offering immediate occupation for owner-occupiers or strong rental potential for investors. With its own access and garden area, 79a is suitable for continued residential use, immediate letting, or integration into a wider redevelopment scheme. The house’s modern specification and turnkey condition make it an attractive asset in its own right, providing flexibility for phased development or early income generation.
Georgian Estate House – Planning Consent for 5–7 Flats
Set further within the grounds, the Georgian estate house is a substantial period property of significant architectural interest. Featuring classic Georgian proportions, sash windows, and original detailing, the house stands as a testament to Grantham’s rich heritage. Planning consent has been secured for the conversion of the Georgian house into 5–7 high-quality residential flats, unlocking substantial value and enabling a flagship restoration project. The property requires comprehensive refurbishment and modernisation, presenting an outstanding opportunity for developers to create a landmark residential scheme that blends heritage character with contemporary living. The house is surrounded by mature gardens and enjoys a private aspect within the site, enhancing its appeal for future residents.
Development Land – 0.7 Acres with Further Potential
The site extends to approximately 0.7 acres, with boundaries defined by mature trees, hedgerows, and fencing. The land is predominantly level, facilitating ease of construction and site access. In addition to the consented conversion of the Georgian house, the land offers significant scope for further residential development, subject to planning permission. The configuration and size of the plot make it suitable for new-build housing, extensions, or subdivision, with the potential to create a gated enclave, executive homes, or a mix of apartments and family dwellings. The established landscaping and privacy of the site enhance its desirability for high-value residential schemes.
Planning Status
The property benefits from planning consent for the conversion of the Georgian estate house into 5–7 residential flats, providing a clear and immediate development pathway. The additional land within the site offers further residential development potential, subject to planning with South Kesteven District Council. Importantly, the council is currently unable to demonstrate a five-year housing land supply, making new applications for residential development more likely to be viewed favourably under national planning policy. Buyers are advised to review the comprehensive legal pack and consult with the local planning authority to explore the full range of development options available.
The Georgian estate house may be subject to heritage or conservation area considerations, given its period character and architectural significance. The planning consent for conversion reflects a positive approach to sensitive restoration and adaptive reuse, while the wider site offers flexibility for phased or comprehensive redevelopment.
Access and Services
The property enjoys direct vehicular and pedestrian access from Barrowby Road (A52), a principal route into Grantham from the west. The established access is suitable for residential traffic, with potential for improvement or widening as part of a redevelopment scheme (subject to highways consent). The frontage to Barrowby Road provides excellent visibility and ease of access for construction vehicles, future residents, and visitors. Mains services (water, electricity, gas, drainage) are available in the locality; buyers should verify connections for the site and existing dwellings as part of their due diligence.
Location – Barrowby Road Neighbourhood
Barrowby Road is one of Grantham’s most established and desirable residential addresses, characterised by mature family homes, predominantly owner-occupied properties, and a strong sense of community. The area is relatively affluent compared to the wider Grantham region, with lower-than-average crime rates and a stable, professional population. The neighbourhood is defined by tree-lined streets, generous gardens, and proximity to both urban amenities and open countryside.
Distances and Connectivity:
Grantham Town Centre: 1.2 miles (5–7 minutes by car; 10–12 minutes by bus; 25 minutes on foot)
Grantham Railway Station: 1.5 miles (7–10 minutes by car; direct bus connections)
A1 Trunk Road: Under 1 mile (2–3 minutes by car; rapid access via A52)
The location offers the perfect balance of convenience, connectivity, and lifestyle appeal, making it ideal for families, professionals, and commuters.
Schools and Education
The Barrowby Road area is exceptionally well-served by a range of outstanding schools, underpinning its popularity with families and supporting long-term property values.
Primary Schools:
Barrowby Church of England Primary School: Ofsted “Outstanding” (October 2024), high academic achievement, strong safeguarding, and a vibrant community ethos.
The Isaac Newton Primary School: Ofsted “Good” with “Outstanding” behaviour (Feb 2025), inclusive ethos, strong leadership, and above-average progress.
Cliffedale Primary School: Ofsted “Good,” popular with local families.
Poplar Farm School: Ofsted “Good,” serving growing residential communities.
Secondary Schools:
The Priory Ruskin Academy: Ofsted “Outstanding,” broad curriculum, strong results.
Kesteven and Grantham Girls’ School: Ofsted “Outstanding,” national reputation for academic excellence.
The King’s School, Grantham: Ofsted “Good,” historic grammar school attended by Isaac Newton.
West Grantham CE Secondary Academy: Ofsted “Good,” comprehensive education.
Independent and Further Education:
Dudley House School: Independent primary, Ofsted “Good.”
Grantham College: Further education, Ofsted “Good.”
The area’s educational provision is among the best in Lincolnshire, attracting families from across the region.
Supermarkets and Shopping
Residents enjoy a wide selection of supermarkets and retail amenities within easy reach:
Tesco Express: 0.5 miles
Co-op Food: 0.7 miles
Sainsbury’s: 1.5 miles
M&S Foodhall, Asda Superstore, Morrisons, Aldi: All within 1.2–1.8 miles
Isaac Newton Centre: Main shopping centre with high street brands, independent retailers, and cafes
Dysart Retail Park: National chains and home improvement stores
The area is also served by local grocers, convenience stores, and specialty food shops, ensuring everyday needs are met with ease.
Parks, Green Spaces, and Leisure Facilities
Barrowby Road is ideally positioned for access to some of Grantham’s best parks and recreational amenities:
Wyndham Park: Award-winning, 5-hectare landscaped park with children’s play areas, splash pool, bowling greens, tennis courts, sensory garden, café, model boating lake, and riverside walks. Green Flag status and a hub for community events.
Queen Elizabeth Park: 25-acre country park with woodland, fishing lake, wildflower meadows, and Sustrans Route 15 for walking and cycling.
Dysart Park: Open fields, traditional bandstand, play areas, tennis courts, and wildflower meadow.
Grantham Meres Leisure Centre: 1.2 miles away, featuring a 70-station gym, swimming pools, sports halls, 3G football pitch, group fitness classes, and athletics track.
Londonthorpe Woods and Alma Park Wood: Accessible via cycle and walking routes, offering further opportunities for outdoor activities.
These green spaces support a healthy, active lifestyle and enhance the area’s family-friendly appeal.
Healthcare and Hospitals
Grantham and District Hospital: 2 miles (101 Manthorpe Road), providing a full range of inpatient, outpatient, and emergency services.
GP Surgeries: Multiple practices serve the area, including The Harrowby Lane Surgery, St Johns Medical Centre, and Dr Higgins & Partners.
Pharmacies: Several within a mile, including those at Tesco Express, Sainsbury’s, and Asda.
Healthcare provision is comprehensive, supporting the needs of residents at all life stages.
Transport and Connectivity
Rail:
Grantham railway station is a major stop on the East Coast Main Line, offering direct, high-speed connections to:
London King’s Cross: Fastest journey times from 1 hour 3 minutes, with up to 87 trains per day.
Nottingham: 35–40 minutes.
Peterborough: 20–25 minutes.
Leeds, York, Edinburgh: Regular direct services.
The station is fully accessible, with step-free access, car parks, and taxi ranks.
Road:
A1: Under 1 mile, providing rapid north-south access between London, the East Midlands, Yorkshire, and the North East.
A52: Connects Grantham to Nottingham (west) and Boston (east).
A607: Links Grantham to Lincoln and Leicester.
Bus:
Routes 1, 93A, and 93B run along Barrowby Road, connecting the area to the town centre, railway station, and surrounding villages.
This exceptional connectivity makes Barrowby Road a prime location for commuters and businesses alike.
Grantham Heritage and Lifestyle
Grantham is a town of national historical importance and vibrant cultural life:
Margaret Thatcher: Birthplace of Britain’s first female Prime Minister, commemorated by a statue and museum exhibition.
Isaac Newton: Attended The King’s School, with a statue and his name carved on a window ledge; Woolsthorpe Manor (National Trust) just south of Grantham.
St Wulfram’s Church: 282-foot spire (6th tallest in England), home to the Trigge Library—England’s first public reference library (1598).
Angel and Royal Hotel: Over 800 years old, hosted seven kings and queens, origins with the Knights Templar.
Guildhall Arts Centre: Theatre, cinema, comedy, dance, and community workshops.
Grantham Museum: Exhibitions on Thatcher, Newton, and the Dambusters.
Belton House: Grade I listed, 1,300 acres of parkland, National Trust, 2 miles away.
Belvoir Castle: 6 miles west, Regency masterpiece with Capability Brown landscapes.
Annual Grantham Music Festival, Farmers’ Market (second Saturday each month), Saturday street market.
The town’s rich heritage, award-winning parks, and active cultural calendar create a unique lifestyle proposition for residents and visitors.
Investment Case and Market Context
Grantham’s residential property and development land market is characterised by strong fundamentals and robust demand:
Average NG31 house price: £215,345; Barrowby Road detached homes £350,000–£650,000 (average property size 169m²).
NG31 8 median price per sqm: £2,594–£3,012.
South Kesteven average house price: £253,000 (Feb 2026); detached £363,000.
Rental yield: 5.8%; average NG31 rent £817pcm.
South Kesteven 10-year growth: 164% (strongest in Lincolnshire).
East Midlands price growth forecast: 22.8% (2024–2028).
Development land values: South Kesteven £920,000/hectare (~£372,000/acre).
Council’s Local Plan (2024–2043): Minimum 17,720 new homes, 49–53% in Grantham, annual need increased from 701 to 886 dwellings/year.
Council cannot demonstrate five-year housing land supply: New applications for residential development are more likely to be approved.
Comparable site: Springfield Road, Grantham—3.9 acres marketed at £900,000 for 60+ homes.
Regeneration: £5.56m Future High Streets Fund, £1.25m Heritage Action Zone, Southern Relief Road, £4.1m public realm investment.
Tenant demand: Exceeds supply; average tenancy 924 days.
The combination of strong demand, robust yields, and a supportive planning environment makes this site a compelling investment opportunity.
Material Information Disclosures (NTSELAT Compliant)
Tenure: Freehold
Vacant Possession: On completion
Existing Dwellings: 79a Barrowby Road (one-bedroom house, updated, vacant); Georgian estate house (planning consent for conversion to 5–7 flats, requires refurbishment)
Development Land: Approx. 0.7 acres, predominantly level, mature boundaries
Planning Status: Consent for Georgian house conversion to 5–7 flats; further development potential subject to planning with South Kesteven District Council
Access: Direct vehicular and pedestrian access from Barrowby Road (A52)
Services: Mains water, electricity, gas, drainage available (buyers to verify)
Heritage/Conservation: Georgian house may be subject to heritage/conservation area considerations; see legal pack/local authority
Flood Risk: No known risk; see legal pack for environmental reports
Auction Fees: 10% deposit, 2% buyer’s premium (inclusive of VAT), £1,000 + VAT admin fee
Completion: 28–56 days from auction date
Legal Pack: Comprehensive pack available from Palace Auctions upon registration
Bidding Methods: In person, online, telephone, or proxy
Conditions of Sale: RICS Common Auction Conditions
Lot Number and Guide Price: To be confirmed in auction catalogue and legal pack
Viewing Arrangements: By appointment with Palace Auctions London
Auction Terms
This property is offered for sale by public auction through Palace Auctions London. The successful bidder will be required to pay a 10% deposit immediately upon the fall of the hammer, together with a buyer’s premium of 2% (inclusive of VAT) and a £1,000 + VAT administration fee. Completion is required within 28–56 days of the auction. The comprehensive legal pack, containing all relevant documentation, is available for download upon registration of interest with Palace Auctions. Bidding is available in person at the live auction, online via the Palace Auctions platform, by telephone, or by proxy. The sale is conducted under the latest RICS Common Auction Conditions, ensuring transparency and legal compliance. Prospective buyers are strongly advised to review the legal pack in full and seek independent legal advice prior to bidding.
Call to Action
This is a once-in-a-generation opportunity to acquire a substantial residential development site in one of Grantham’s most sought-after locations. With an updated one-bedroom house, a Georgian estate house with planning consent for conversion to 5–7 flats, and approximately 0.7 acres of land offering further development potential, this property is ideally positioned for restoration, redevelopment, or new-build housing. Whether you are a developer, investor, or lifestyle buyer seeking a flagship project in a thriving market, this site offers scale, flexibility, and enduring value.
Contact Palace Auctions London today to arrange a viewing, access the legal pack, or register to bid. Don’t miss your chance to secure this exceptional development opportunity—enquire now at
Palace Auctions (London) LTD, London

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Use class
C3
Year renovated
2026
Listed building
No
Floors in building
2
Planning permission
Approved
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Barrowby Road, Grantham, Lincolnshire

NEAREST STATIONS

National Rail

Grantham Station

0.83 miles

About Palace Auctions (London) LTD, London

Palace Auctions (London) LTD, London

Palace Auctions London is a leading property auctioneer, specialising in residential and commercial sales across all London boroughs and beyond. Our award-winning team combines unrivalled local expertise with global reach, offering both in-room and advanced online auctions for maximum exposure and certainty of sale. We provide transparent, competitive bidding, legally binding transactions, and a seamless process from expert valuation to completion—typically within 28 to 56 days.

Our services include free market appraisals, tailored marketing, legal pack preparation, and specialist advice for investors, developers, first-time buyers, and charities. With a 95% completion rate and record results in prime London areas, we deliver swift, secure sales and outstanding value for every client.

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