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Woodlands Drive, Colsterworth, Grantham, Lincolnshire, NG33 - Image 1
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Woodlands Drive, Colsterworth, Grantham, Lincolnshire, NG33

East Midlands

£250,000
Listed on 29/03/2026

Property Details

Bedrooms
5
Type
Detached
Area
1677 sqft

Description

This spacious 4/5 bedroom detached family home, located in the well-served village of Colsterworth near Grantham, presents a promising opportunity for renovation and modernization. With versatile living spaces, including a generous lounge and a separate dining room, the property caters well to contemporary family needs. The kitchen extends into a bright garden room that overlooks the rear garden, which could be enhanced to create a seamless indoor-outdoor living experience. Additionally, a ground floor bedroom with an en-suite provides potential for multi-generational living or as an ideal guest suite. On the first floor, four well-sized double bedrooms are complemented by another shower room, offering ample space for family or visitors. Externally, the driveway facilitates off-road parking while the sizeable rear garden features both patio and lawn areas – perfect for future landscaping projects or outdoor entertaining. Although the property benefits from double glazing and gas central heating, cosmetic upgrades throughout could significantly enhance its appeal and value. Given its desirable location with easy access to local amenities and transport links to Grantham and beyond, this property represents an excellent investment opportunity for those looking to create their ideal home in this popular village setting.

Investment Analysis

(NG33 area)

Below Market Value

This property is priced -41.8% below area average per sq ft

-41.8%
Potential saving
This Property
£149/sq ft
Area Average
£256/sq ft
Avg Rent (weekly)
£241
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£472,797
10% above area average per sq ft
Potential ROI
+57.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (NG33)

Area prices are rising by +4.1% over the last 12 months
3 year growth: -6.2%
5 year growth: +0.4%
Investment Disclaimer: Analysis based on NG33 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

Woodlands Drive, Colsterworth, Grantham, Lincolnshire, NG33
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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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