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Primrose Villas: Wothorpe

East Midlands

£725,000
Listed on 17/08/2025

Property Details

Bedrooms
5
Type
Semi-detached house

Description

Nestled in a serene hamlet just south of the historic town of Stamford, this five-bedroom semi-detached house offers a blend of classic architecture and promising renovation potential. The area is well-regarded for its charming stone buildings, medieval churches, and famous landmarks like Burghley House, making it an attractive location for families and investors alike. Constructed in the late 1800s, the property features a dressed stone front and a unique combination of tiled and slate roofing, with recent improvements including a newly reslated roof completed in 2024. While maintaining its period character, the home presents an excellent opportunity for modern updates that could enhance its appeal and value. The layout comprises three floors, providing ample space for various living arrangements or developments. The ground floor welcomes you with an entrance hall leading to a cozy lounge featuring traditional elements such as an ornamental fireplace and built-in bookshelves. Adjacent is a versatile sitting room or study with French doors leading to the garden. The dining room is equipped with a slow combustion stove that serves radiators in multiple rooms, fostering warmth during winter months. An L-shaped kitchen offers practical workspaces but also allows room for modernization to suit contemporary tastes. On the first floor, you'll find a master suite complete with built-in wardrobes and two additional bedrooms, each featuring charming iron fireplaces that hint at the property's historical charm. The bathroom's dimensions allow for reconfiguration possibilities, creating a more spacious modern retreat. The second floor expands your options further with two additional bedrooms that could serve as guest rooms or home offices. Outside, the detached double garage provides extra storage or workshop potential, while the gardens offer both front and rear outdoor spaces ripe for landscaping enhancements or expansion. With shared access through a gravel driveway leading to your garage, it strikes a balance between community connectivity and personal space. This property benefits from proximity to Stamford’s amenities while being easily accessible to major roadways like the A1 and Rutland Water's recreational facilities. Given its size and location, this home not only serves as an inviting residence but also represents an exciting investment opportunity for those looking to increase value through thoughtful renovations or adaptations tailored to modern living needs.

Investment Analysis

(PE9 area)
Area Average
£347/sq ft
Avg Rent (weekly)
£275
Avg Yield
3.4%

Renovation Potential

Est. Renovation Cost
£72,500 - £181,250
10-25% of property value
Monthly Sales
33
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (PE9)

Area prices are falling by +4.1% over the last 12 months
3 year growth: -1.0%
5 year growth: 12.5%
Investment Disclaimer: Analysis based on PE9 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Primrose Villas: Wothorpe
Map showing location of Primrose Villas: Wothorpe
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