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St. Leonards Street, Stamford, PE9

East of England

£270,000
Listed on 21/04/2026

Property Details

Bedrooms
2
Type
Terraced
Area
1270 sqft

Description

This characterful property, situated conveniently close to the heart of Stamford, offers a blank canvas for those with vision and creativity. While it requires comprehensive modernisation, it presents an exceptional opportunity for renovation enthusiasts looking to craft a truly unique home. The entrance leads into a living room featuring a front-facing window and a gas fireplace, setting a welcoming tone. Accessed via a hallway, the lower ground floor contains practical amenities including a utility room, a WC with shower facilities, and a light-filled kitchen diner enhanced by a well-placed skylight. On the first floor, occupants will find a spacious double bedroom alongside a full bathroom. The uppermost level houses an additional double bedroom that showcases picturesque views over Stamford. Outside, the property benefits from on-road permit parking at the front and features a courtyard-style garden at the rear, complete with a brick-built outbuilding and convenient access to the street from the back. With an EPC rating of F, this property is ripe for energy-efficient improvements and overall revitalisation.

Investment Analysis

(PE9 area)

Below Market Value

This property is priced -37.8% below area average per sq ft

-37.8%
Potential saving
This Property
£213/sq ft
Area Average
£342/sq ft
Avg Rent (weekly)
£256
Avg Yield
3.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£45,000 - £65,000
Target Value
£477,704
10% above area average per sq ft
Potential ROI
+42.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PE9)

Area prices are falling by -7.1% over the last 12 months
3 year growth: -8.3%
5 year growth: +5.2%
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

St. Leonards Street, Stamford, PE9
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£956
Based on a loan of £202,500 over 30 years at 3.91% 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.

Stamp Duty Calculator

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