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Twyford Close, Colsterworth

East Midlands

£325,000
Listed on 16/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1072 sqft

Description

This detached bungalow is situated in the desirable village of Colsterworth, conveniently located a short drive from Grantham. With three bedrooms, this property presents a valuable opportunity for those looking to invest in a home that can be transformed into a modern living space to suit personal tastes. The interior features a spacious layout that includes a light-filled reception room and a separate dining area, both of which offer great potential for renovation. The kitchen, while functional, is ripe for updates that could enhance its appeal and utility. Each of the three bedrooms provides ample space for family members or guests, making this a versatile option for various living arrangements. Additionally, the bathroom and utility room complete the home's practical layout. Occupying a generous plot, the exterior offers significant potential as well. The expansive yard not only allows for gardening and outdoor activities but also accommodates the possibility of future extensions (pending planning permission). An attached garage adds further practicality, providing extra storage or workspace options. Colsterworth itself is well-equipped with local amenities including a doctor’s surgery, Co-op store, post office, primary school, and dining options such as a pub/restaurant and sports club. The village enjoys an excellent reputation for educational opportunities with access to reputable state and independent schools in nearby Grantham, Bourne, Stamford, and Oakham. For commuters, Colsterworth's proximity to the A1 and mainline train services from Grantham or Peterborough—offering journeys to London in approximately one hour—makes it an attractive location with significant investment potential.

Investment Analysis

(NG33 area)

Above Market Value

This property is priced +18.7% above area average per sq ft

+18.7%
This Property
£303/sq ft
Area Average
£255/sq ft
Avg Rent (weekly)
£219
Avg Yield
2.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£301,109
10% above area average per sq ft
Potential ROI
-19.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (NG33)

Area prices are stable by +0.4% over the last 12 months
3 year growth: -5.4%
5 year growth: 18.7%
Investment Disclaimer: Analysis based on NG33 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

Twyford Close, Colsterworth
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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
£1,191
Based on a loan of £243,750 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