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Kesteven Road, Stamford

East of England

£225,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
428 sqft

Description

This three-bedroom semi-detached house is located in a sought-after residential neighborhood, conveniently near several primary schools, Stamford College, and various local amenities. While the property currently requires modernization, it provides an excellent foundation for renovation, allowing you to tailor the space to your preferences and potentially enhance its value. The layout offers a generous amount of living space. On the ground floor, you'll find an entrance hall leading into a lounge and dining room, both of which can be reimagined to create an inviting open-plan living area. The kitchen includes a walk-in pantry that adds functional storage space and could be updated to suit modern needs. The first floor houses three bedrooms — two doubles and one single — along with a family bathroom that presents an opportunity for redesign. Externally, the property includes gardens at both the front and back, with the rear garden being notably larger than average. This outdoor space not only extends your living area but also presents possibilities for landscaping or even extending the home (subject to planning permission). Additionally, off-street parking for two vehicles adds convenience. With no onward chain, this property is ready for its next chapter. It's ideal for those looking to invest in a home with significant potential for enhancement—whether you're aiming to create your dream residence or seeking a strategic investment opportunity in a desirable location. Internal viewings are encouraged to fully appreciate what this property has to offer.

Investment Analysis

(PE9 area)

Above Market Value

This property is priced +55.3% above area average per sq ft

+55.3%
This Property
£526/sq ft
Area Average
£339/sq ft
Avg Rent (weekly)
£253
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£159,413
10% above area average per sq ft
Potential ROI
-39.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (PE9)

Area prices are falling by +5.9% over the last 12 months
3 year growth: -4.6%
5 year growth: 10.4%
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

Kesteven Road, Stamford
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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
£824
Based on a loan of £168,750 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