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Drove Road, Shepeau Stow

East of England

£210,000
Listed on 31/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
926 sqft

Description

Located in the serene village of Shepeau Stow, this detached two-bedroom bungalow is set on an expansive plot that offers tremendous potential for renovation, extension, or even a complete redevelopment. While the property is currently habitable, it presents an excellent opportunity for buyers looking to customize their living space according to personal preferences. The existing layout features a spacious lounge, two bedrooms, a kitchen with utility space, and a bathroom, all of which can be reconfigured or expanded to enhance functionality and comfort. Outside, the generous grounds offer privacy with mature borders and sufficient off-road parking, alongside possibilities for additional structures like garages or outbuildings. This semi-rural gem is ideally situated just a short distance from local amenities in Spalding and Crowland, making it an attractive prospect for those seeking a peaceful retreat with significant investment potential.

Investment Analysis

(PE12 area)

Below Market Value

This property is priced -0.9% below area average per sq ft

-0.9%
Potential saving
This Property
£227/sq ft
Area Average
£229/sq ft
Avg Rent (weekly)
£193
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£233,056
10% above area average per sq ft
Potential ROI
-13.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (PE12)

Area prices are stable by +0.1% over the last 12 months
3 year growth: -3.5%
5 year growth: +19.7%
Investment Disclaimer: Analysis based on PE12 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

Drove Road, Shepeau Stow
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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
£757
Based on a loan of £157,500 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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