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Essex Road, STAMFORD, Lincolnshire - Image 1
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Essex Road, STAMFORD, Lincolnshire

East of England

£220,000
Listed on 23/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
361 sqft

Description

Located within a short distance from Stamford's charming town centre, this well-maintained three-bedroom mid-terraced house presents an excellent opportunity for first-time buyers and investors looking to add value. The current layout features a good-sized living room that creates a versatile area suitable for both family gatherings and dining. Natural light enhances the space, making it feel more inviting. The kitchen at the rear is fitted with functional units and offers access to the garden, which may be enhanced with landscaping or modernization. Upstairs, the property comprises three reasonably sized bedrooms that can serve various purposes, including guest accommodation or home offices, catering to modern living demands. The family bathroom provides essential amenities but could benefit from modernization to boost overall appeal. Externally, the rear garden is fully enclosed and predominantly laid to lawn, providing a blank canvas for gardening enthusiasts or outdoor entertainment. The front garden currently consists of gravel but has potential for off-road parking with appropriate planning permissions and curb adjustments. This property holds promising investment potential for those keen on renovations.

Investment Analysis

(PE9 area)

Above Market Value

This property is priced +78.3% above area average per sq ft

+78.3%
This Property
£609/sq ft
Area Average
£342/sq ft
Avg Rent (weekly)
£262
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£135,749
10% above area average per sq ft
Potential ROI
-44.6%
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

Essex Road, STAMFORD, Lincolnshire
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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
£793
Based on a loan of £165,000 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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