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St Leonards Street, Stamford

East of England

£285,000
Listed on 23/01/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
1281 sqft

Description

This charming period property is situated in close proximity to Stamford town centre, offering a remarkable opportunity for those looking to take on a project. The residence requires a comprehensive modernisation throughout, making it ripe for transformation into a bespoke home tailored to individual tastes. As you enter through the porch, you are greeted by a spacious living room featuring a front-facing window and a gas fireplace, providing an inviting atmosphere. Beyond this space, the hallway grants access to the lower ground floor, which is equipped with a utility room, WC and shower room, along with a kitchen diner that boasts a skylight—an excellent feature for natural light enhancement. The first floor comprises a good-sized double bedroom and a separate bathroom, while the top floor houses another double bedroom that offers picturesque views of Stamford. Externally, on-road permit parking is available at the front of the property, and the rear courtyard garden includes a brick-built outbuilding with convenient passageway access back to the street. This property promises significant potential for renovation and improvement.

Investment Analysis

(PE9 area)

Below Market Value

This property is priced -35.0% below area average per sq ft

-35.0%
Potential saving
This Property
£222/sq ft
Area Average
£342/sq ft
Avg Rent (weekly)
£258
Avg Yield
3.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£481,983
10% above area average per sq ft
Potential ROI
+43.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (PE9)

Area prices are falling by -5.4% over the last 12 months
3 year growth: -6.4%
5 year growth: +9.1%
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

St Leonards Street, Stamford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,028
Based on a loan of £213,750 over 30 years at 4.06% 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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