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Empingham Road, Stamford

East Midlands

£600,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This two-bedroom detached bungalow is situated on a spacious plot, providing an ideal canvas for renovation and personal customization. Nestled alongside the Empingham Road playing fields, the property not only benefits from serene views but also boasts convenient access to Stamford town centre, making it a prime location for both living and potential investment. Inside, the layout includes a bright conservatory that offers a welcoming transition between indoor and outdoor spaces. The living room is generously sized, providing an ample area for relaxation or entertaining. The kitchen diner serves as a functional space with room for modern updates that could enhance its appeal. Both bedrooms are well-proportioned, offering comfortable accommodations, while the bathroom presents an opportunity for modernization. The exterior of the property features valuable off-street parking along with a single garage. The south-west facing garden at the rear provides an open view of the playing fields, creating a peaceful retreat perfect for outdoor enjoyment or further landscaping possibilities. With no onward chain, this bungalow represents a unique opportunity for buyers looking to invest in an area known for its charm and accessibility. Whether you're seeking to create your dream home or capitalize on the property's renovation potential, this location offers numerous possibilities to explore.

Investment Analysis

(PE9 area)
Area Average
£343/sq ft
Avg Rent (weekly)
£263
Avg Yield
3.3%

Renovation Potential

Est. Renovation Cost
£60,000 - £150,000
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

Empingham Road, Stamford
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