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First Drift, Wothorpe, Stamford

East of England

£525,000
Listed on 13/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1500 sqft

Description

Located in the desirable First Drift area of Wothorpe, Stamford, this semi-detached house is an appealing project for those wishing to personalize their living space. It features two generous reception rooms that provide a comfortable setting for family gatherings and entertaining. The property includes an extended utility and kitchen area that promotes practicality for daily life, complemented by a cloakroom and shower room on the ground floor. With three well-sized bedrooms, the home is ideal for families or those needing additional space. There are also separate bathroom facilities, including a WC, ensuring ease of use for all residents. The property requires updating but offers significant scope for enhancement and potential extensions, pending planning approval. The good-sized enclosed rear garden comes with an outbuilding, while off-road parking is available at the front alongside an oversized garage that enhances storage options. Set within one of Stamford's prime roads, this property combines peaceful living with excellent accessibility. Its character and potential make it a great investment opportunity for buyers looking to create a bespoke home.

Investment Analysis

(PE9 area)

Above Market Value

This property is priced +2.4% above area average per sq ft

+2.4%
This Property
£350/sq ft
Area Average
£342/sq ft
Avg Rent (weekly)
£262
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£564,053
10% above area average per sq ft
Potential ROI
-0.2%
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
21%
Properties sold annually

Local Market Trend (PE9)

Area prices are falling by -4.7% over the last 12 months
3 year growth: -7.0%
5 year growth: +7.2%
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

First Drift, Wothorpe, 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
£1,893
Based on a loan of £393,750 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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