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Vine Street, Stamford

East of England

£260,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
1331 sqft

Description

This established semi-detached home is conveniently located just a short distance from the vibrant Stamford town centre, making it an attractive option for those seeking easy access to local amenities. With off-road parking and a spacious double-length garage, the property offers practical features that enhance its appeal. Inside, the home presents a classic layout with two reception rooms, one of which is elegantly panelled, providing character and potential for personalization. The kitchen comes with a lobby area and an additional cloakroom, creating scope for modernizing the space. On the first floor, residents will find a generously sized four-piece bathroom alongside a spacious double bedroom and a smaller box room that could be ideal for use as an office or nursery. The first floor configuration also allows for creative reimagining; with planning permission, you could transform the current layout into two bedrooms, potentially incorporating an ensuite to suit contemporary living preferences. The exterior of the property features a driveway with a powered roller door leading to the extensive garage, which adds significant value and versatility—ideal for storage or even workspace conversion. With central heating already installed, this home is functional as-is while also presenting considerable renovation potential. Whether you are looking to make it your own or considering it as an investment opportunity in a desirable location, this property offers both immediate comforts and long-term possibilities—all without any chain involved.

Investment Analysis

(PE9 area)

Below Market Value

This property is priced -42.3% below area average per sq ft

-42.3%
Potential saving
This Property
£195/sq ft
Area Average
£339/sq ft
Avg Rent (weekly)
£253
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£495,744
10% above area average per sq ft
Potential ROI
+59.9%
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

Vine Street, 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
£952
Based on a loan of £195,000 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