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Grange Lane, Willingham By Stow

Yorkshire

£215,000
Listed on 14/06/2025

Property Details

Bedrooms
2
Type
Detached house
Area
959 sqft

Description

This two-bedroom detached bungalow is set on an expansive plot of approximately 0.3 acres in the charming village of Willingham by Stow. While the property is in need of modernisation, it features a spacious layout that offers ample opportunities for enhancement and personalization. Upon entering, you'll find a porch leading to a hall with a storage cupboard and loft access. The generous lounge and dining area, measuring nearly 24 feet in length, boasts double glazed French doors and windows that invite natural light, creating a welcoming atmosphere. The open fireplace highlights the potential for creating a cozy living space. The kitchen presents a practical setup with established wall and base units, offering potential buyers the chance to update or redesign according to their tastes. It includes essential fittings such as spaces for cooking appliances and convenient access to the garden. Both bedrooms are well-sized and provide double glazing for comfort, with good-sized windows that overlook the front and side aspects. The bathroom includes essential amenities such as a panelled bath with shower over and pedestal wash hand basin, while there is also a separate WC for added convenience. Outside, the mature gardens offer room for landscaping or outdoor projects, along with off-street parking provided by the driveway leading to a single garage. Located approximately six miles from Gainsborough and twelve miles from Lincoln's historic center, Willingham by Stow combines rural charm with accessibility to urban conveniences. The village features local pubs, community spaces like the church and village hall, plus regular bus services connecting residents to larger towns. With its renovation potential in a desirable location, this property represents an excellent investment opportunity for those looking to create their ideal home or capitalize on the growing market in this tranquil setting. Viewing is strongly recommended to fully appreciate what this property has to offer.

Investment Analysis

(DN21 area)

Above Market Value

This property is priced +23.0% above area average per sq ft

+23.0%
This Property
£224/sq ft
Area Average
£182/sq ft
Avg Rent (weekly)
£156
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£192,308
10% above area average per sq ft
Potential ROI
-24.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (DN21)

Area prices are stable by +0.6% over the last 12 months
3 year growth: 3.2%
5 year growth: 14.4%
Investment Disclaimer: Analysis based on DN21 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

Grange Lane, Willingham By Stow
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£788
Based on a loan of £161,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE