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Careby Garage and House, Stamford Road, Careby, Stamford, PE9 4EA - Image 1
Careby Garage and House, Stamford Road, Careby, Stamford, PE9 4EA - Image 2
Careby Garage and House, Stamford Road, Careby, Stamford, PE9 4EA - Image 3
Careby Garage and House, Stamford Road, Careby, Stamford, PE9 4EA - Image 4
Careby Garage and House, Stamford Road, Careby, Stamford, PE9 4EA - Image 5
Careby Garage and House, Stamford Road, Careby, Stamford, PE9 4EA - Image 6
Careby Garage and House, Stamford Road, Careby, Stamford, PE9 4EA - Image 7
Careby Garage and House, Stamford Road, Careby, Stamford, PE9 4EA - Image 8
Careby Garage and House, Stamford Road, Careby, Stamford, PE9 4EA - Image 9
Careby Garage and House, Stamford Road, Careby, Stamford, PE9 4EA - Image 10
Careby Garage and House, Stamford Road, Careby, Stamford, PE9 4EA - Image 11

Careby Garage and House, Stamford Road, Careby, Stamford, PE9 4EA

East of England

£675,000
Listed on 31/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1433 sqft

Description

Nestled in the serene village of Careby, this property presents an exciting investment opportunity with substantial potential for renovation and development. Set on 0.3 acres, it includes a well-maintained detached four-bedroom family home alongside versatile outbuildings, including a licensed vehicle workshop and a motorcycle MOT/paint shop. The main house boasts ample living space, featuring a recently upgraded farmhouse-style kitchen and generous reception areas that benefit from natural light. While the house is generally in good condition with modern amenities like double glazing and a stylish bathroom suite, there remains room for enhancements to fully capitalize on its appeal. The surrounding grounds include an inviting south-facing garden and an established orchard/paddock ripe for landscaping or agricultural use. The dual-purpose outbuildings open possibilities for various business ventures or conversion into residential units (subject to planning approval), making it ideal for prospective developers or home-based enterprises. With excellent transport links to Stamford and Grantham, this property undoubtedly embodies the blend of rural charm and investment potential, catering to both family living and entrepreneurial aspirations.

Investment Analysis

(PE9 area)

Above Market Value

This property is priced +37.7% above area average per sq ft

+37.7%
This Property
£471/sq ft
Area Average
£342/sq ft
Avg Rent (weekly)
£258
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£539,173
10% above area average per sq ft
Potential ROI
-28.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (PE9)

Area prices are falling by -5.4% over the last 12 months
3 year growth: -6.4%
5 year growth: +9.1%
Investment Disclaimer: Analysis based on PE9 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Careby Garage and House, Stamford Road, Careby, Stamford, PE9 4EA
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,434
Based on a loan of £506,250 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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