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Spinney Lane, Ryhall, Stamford

East Midlands

£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
£343/sq ft
Avg Rent (weekly)
£263
Avg Yield
3.3%

Renovation Potential

Est. Renovation Cost
£28,000 - £70,000
10-25% of property value
Monthly Sales
20
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (PE9)

Area prices are falling by +5.3% over the last 12 months
3 year growth: -2.1%
5 year growth: 10.8%
Investment Disclaimer: Analysis based on PE9 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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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