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Spinney Lane, Ryhall

East of England

£250,000
Listed on 21/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
958 sqft

Description

This semi-detached three-bedroom home, located in the charming village of Ryhall, offers a promising project for those interested in refurbishing a property. The layout encompasses two levels with a practical design that includes an entrance hall leading to a bright living room and adjacent dining area, perfect for creating an open-plan space. The kitchen, while fitted, presents an opportunity for modernisation to enhance its functionality. Upstairs, the landing accesses three ample bedrooms along with a family bathroom featuring a classic suite. Outside, the front driveway allows for convenient parking, with additional potential for expansion. A side gate leads to a covered passageway that provides access to useful storage and an external WC, culminating in a spacious rear garden which features established greenery and privacy – ideal for landscaping or outdoor enhancements. This property is positioned perfectly for buyers eager to invest time and resources into creating their ideal living space in a desirable location.

Investment Analysis

(PE9 area)

Below Market Value

This property is priced -23.7% below area average per sq ft

-23.7%
Potential saving
This Property
£261/sq ft
Area Average
£342/sq ft
Avg Rent (weekly)
£258
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£360,452
10% above area average per sq ft
Potential ROI
+24.3%
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

Spinney Lane, Ryhall
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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
£902
Based on a loan of £187,500 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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