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Redwood Drive, Waddington

East Midlands

£250,000

Listed on 21/07/2026

Property details

Bedrooms
3
Type
Detached
Area
1617 sqft

Description

This extended three-bedroom detached home, located in the highly desirable village of Waddington, offers a fantastic opportunity for renovation and investment. With the same family having owned it since its construction in 1962, this property is now on the market with no onward chain, presenting a blank canvas for new owners to modernise and personalise to their liking. The existing extensions contribute significant living space, yet additional modifications could be made with the appropriate planning permissions. This flexibility makes it an attractive option for growing families or those keen on adding value through renovations. Key features include a newly installed combi boiler (2024), driveway parking, an attached garage, and a spacious rear garden that presents both relaxation and expansion opportunities. Although cosmetic updates are needed throughout, the generous layout and room sizes lend themselves well to creating a contemporary family home tailored to individual tastes.

Investment analysis

(LN5 area)

Below Market Value

This property is priced -30.0% below area average per sq ft

-30.0%
Potential saving
This Property
£155/sq ft
Area Average
£221/sq ft
Avg Rent (weekly)
£211
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£392,737
10% above area average per sq ft
Potential ROI
+35.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (LN5)

Area prices are stable by +1.7% over the last 12 months
3 year growth: +0.4%
5 year growth: -3.2%
Investment Disclaimer: Analysis based on LN5 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

Redwood Drive, Waddington
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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
£944
Based on a loan of £187,500 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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