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The Close, Sturton By Stow

East Midlands

£220,000
Listed on 15/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
873 sqft

Description

This two-bedroom detached bungalow presents a promising opportunity for those looking to invest in a property ripe for renovation. Located in the tranquil village of Sturton by Stow, the residence offers spacious accommodation, including a porch, kitchen, hall, lounge, dining room, conservatory, two bedrooms, and a bathroom. While some modernization is necessary, the underlying potential to transform this home into a desirable living space is considerable. The layout features practical elements such as an airy lounge with a bow window and an adjoining dining area that flows into the conservatory—an ideal spot for relaxation and sunlit gatherings. Each bedroom benefits from rear-facing windows that allow natural light to filter in, creating a pleasant atmosphere. The kitchen is equipped with essential wall and base units along with spaces for appliances, providing a functional foundation from which to build your vision. Outside, the property boasts both front and rear gardens alongside a block-paved driveway offering ample off-street parking and access to a single garage. The enclosed rear garden is predominantly laid to lawn and includes a patio area—perfect for outdoor entertaining or gardening enthusiasts—plus additional storage options with a greenhouse and shed. Positioned approximately 9 miles northwest of Lincoln city center, Sturton by Stow enjoys access to local amenities such as shops and schools within the village itself. Further facilities can be found in nearby Saxilby and Lincoln. This location adds value not only through lifestyle convenience but also positions the property favorably in terms of future resale or rental potential. With no onward chain involved, this bungalow may be an attractive prospect for buyers looking to invest in both property improvement and long-term growth.

Investment Analysis

(LN1 area)

Above Market Value

This property is priced +9.1% above area average per sq ft

+9.1%
This Property
£252/sq ft
Area Average
£231/sq ft
Avg Rent (weekly)
£182
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£221,829
10% above area average per sq ft
Potential ROI
-9.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LN1)

Area prices are rising by +5.0% over the last 12 months
3 year growth: -8.4%
5 year growth: 4.8%
Investment Disclaimer: Analysis based on LN1 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

The Close, Sturton By Stow
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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
£806
Based on a loan of £165,000 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