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Ermine Street, Ancaster, NG32

East Midlands

£185,000

Listed on 09/07/2026

Property details

Bedrooms
3
Type
Terraced
Area
931 sqft

Description

Located in the picturesque village of Ancaster, this three-bedroom stone cottage offers a promising opportunity for those interested in revitalizing a home with traditional charm. The property is brimming with period details and is primed for renovation, allowing you to infuse your personal touch and style into every corner. Ideal for first-time buyers eager for a project or investors seeking potential, this cottage serves as an excellent blank slate. On the ground floor, you'll find a lounge that opens to a kitchen featuring a practical pantry—both spaces offer ample renovation opportunities to adapt them for contemporary living. A conveniently placed downstairs WC enhances the functionality of the layout. The upper level boasts three generously-sized double bedrooms, suitable for family use, guest accommodation, or as office space—a versatile arrangement catering to varied needs. A shower room completes the first floor. At the rear, access to a shared garden provides an inviting outdoor area for relaxation amidst the charming village backdrop. Ancaster is celebrated for its community spirit and offers essential amenities within easy reach—enjoy local shops, public houses, and an award-winning butcher—all contributing to an enjoyable village life. This quaint stone cottage not only combines historical character with spacious living but also presents an exciting renovation prospect that could yield a truly distinctive home.

Investment analysis

(NG32 area)

Below Market Value

This property is priced -24.4% below area average per sq ft

-24.4%
Potential saving
This Property
£199/sq ft
Area Average
£263/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£269,287
10% above area average per sq ft
Potential ROI
+14.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (NG32)

Area prices are rising by +14.1% over the last 12 months
3 year growth: +4.3%
5 year growth: +17.3%
Investment Disclaimer: Analysis based on NG32 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

Ermine Street, Ancaster, NG32
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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
£699
Based on a loan of £138,750 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

Next Steps

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