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Woodlands Drive, Colsterworth, Grantham, Lincolnshire NG33 - Image 1
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Woodlands Drive, Colsterworth, Grantham, Lincolnshire NG33 - Image 3

Woodlands Drive, Colsterworth, Grantham, Lincolnshire NG33

East Midlands

£325,000
Listed on 18/03/2026

Property Details

Bedrooms
5
Type
Detached
Area
1677 sqft

Description

This spacious detached family home, located in the desirable village of Colsterworth, presents a unique opportunity for renovation and investment. With 4/5 bedrooms and versatile living spaces, this property is perfectly suited for modern families looking to personalize their environment. The convenience of local amenities such as shops and schools enhances its appeal, while excellent transport links to Grantham and London add further value. Internally, the layout includes a large lounge and dining room alongside an inviting garden room that overlooks the rear garden. The potential for reconfiguration is significant, especially with the ground floor bedroom featuring an en-suite, ideal for guests or as a private office space. Upstairs are four double bedrooms and a family shower room, all awaiting modern updates to enhance comfort and style. Externally, enjoy off-road parking and a rear garden ready for landscaping or outdoor entertaining. This home benefits from double glazing and gas central heating but will require some updating to reach its full potential. It's an excellent candidate for investors seeking to add value through renovations while enjoying the charm of village life.

Investment Analysis

(NG33 area)

Below Market Value

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

-24.4%
Potential saving
This Property
£194/sq ft
Area Average
£256/sq ft
Avg Rent (weekly)
£241
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£472,797
10% above area average per sq ft
Potential ROI
+29.5%
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
£1,172
Based on a loan of £243,750 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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