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Coming Soon - Competitively Priced Spacious Home

East Midlands

£130,000

Listed on 29/05/2026

Property Details

Bedrooms
2
Type
Village House

Description

This spacious home presents a solid investment opportunity, offered with the advantage of no onward chain. While the property boasts generous living space, including a sizeable lounge-diner measuring 22'7" x 13'8", it does require updating to fully realize its potential. Notably, the kitchen is in need of replacement and some areas of the interior would benefit from redecoration and new flooring. The light-filled hallway enhances the welcoming atmosphere of the ground floor. Upstairs, you'll find two good-sized double bedrooms alongside a well-proportioned shower room. Externally, the property features a south-facing garden and grassy frontage, plus rear access to a driveway for convenient parking. Located in South Witham, this residence enjoys easy access to the A1 and proximity to market towns such as Stamford, Oakham, and Grantham—making it ideal for commuters with Grantham train station just 10 miles away, offering direct services to London Kings Cross in under an hour. The village itself also boasts essential amenities including a pub, primary school, local shops, a village hall, and a fish and chip shop.

Investment Analysis

(NG33 area)
Area Average
£261/sq ft
Avg Rent (weekly)
£255
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (NG33)

Area prices are falling by -8.2% over the last 12 months
3 year growth: -9.0%
5 year growth: -6.9%
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

Coming Soon - Competitively Priced Spacious Home
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£491
Based on a loan of £97,500 over 30 years at 4.45% 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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