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Spinney Lane, Ryhall, Stamford

East of England

£280,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

Nestled in a sought-after village in Rutland, this three-bedroom home offers a unique opportunity for renovation and investment. The property is conveniently located near essential amenities, including a primary school, local pubs, a café, and a post office, while also being just a short drive away from Stamford. The layout features an entrance hall that opens into a spacious lounge, which connects directly to the kitchen. This kitchen has space allocated for appliances and leads into a dining area, perfect for family meals or entertaining. An inner hall provides access to both the front and rear of the home, along with a WC and additional storeroom, enhancing functionality. Upstairs, you will find three well-sized bedrooms. The third bedroom includes built-in cupboards for convenient storage. A family bathroom completes the upper level of the home. Outside, the property boasts generous garden space that holds significant potential for landscaping or expansion (subject to planning). The front lawn offers an opportunity for off-road parking, while the rear garden is expansive and mostly laid to lawn, featuring mature shrubs as well as a greenhouse and shed. This property is sold with no onward chain and presents an excellent chance for buyers looking to add value through renovation or ultimately develop their ideal living space in a desirable location.

Investment Analysis

(PE9 area)
Area Average
£339/sq ft
Avg Rent (weekly)
£253
Avg Yield
3.6%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
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

Spinney Lane, Ryhall, 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
£1,026
Based on a loan of £210,000 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