Sold STC Semi-detached

59 ST LEONARDS STREET

STAMFORD, LINCOLNSHIRE PE9 2HU

3 beds 1 baths Listed 27 Dec 2023 (-948d)

£375,000

Guide Price

Reduced on 25 Apr 2024

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# 3 bedroom semi-detached house for sale (PE9 2HU)

## Property Details

| Key | Value |
|-----|-------|
| Address | 59 ST LEONARDS STREET, STAMFORD, LINCOLNSHIRE PE9 2HU |
| Price | £375,000 |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Council tax | D |
| Last sold | £330,000 Aug 2024 |

## Description

The accommodation comprises: - Entrance hall, sitting room, dining room, kitchen, landing, three bedrooms, shower room, attic room and a cellar that is currently closed off.

The property dates back to the 18th Century and has been in the current family for a number of decades and comes with gas fired central heating.

To the rear of the property is an enclosed, south facing courtyard garden.

**Entrance Hall** -

**Sitting Room** - 6.27m x 2.57m (20'7 x 8'5) -

**Dining Room** - 3.38m x 3.28m max, 2.84m min (11'1 x 10'9 max, 9'4 -

**Kitchen** - 4.29m max, 3.53m min x 2.84m (14'1 max, 11'7 min x -

**Landing** -

**Main Bedroom** - 4.80m x 3.05m (15'9 x 10') -

**Bedroom Two** - 3.71m x 2.13m (12'2 x 7') -

**Bedroom Three** - 2.87m x 2.57m (9'5 x 8'5) -

**Shower Room** - 3.38m x 1.50m (11'1 x 4'11) -

**Attic Room** - 6.99m x 2.82m (22'11 x 9'3) -

## Property Photos

- ![Main.jpg](/listings/photos/143219402/1651241) - Main.jpg
- ![DSC_8854.JPG](/listings/photos/143219402/1651242) - DSC_8854.JPG
- ![editedimage-ef423a1c-b515-48f7-b655-29deb354f23c 2](/listings/photos/143219402/1651243) - editedimage-ef423a1c-b515-48f7-b655-29deb354f23c 2
- ![DSC_8861.JPG](/listings/photos/143219402/1651244) - DSC_8861.JPG
- ![DSC_8862.JPG](/listings/photos/143219402/1651245) - DSC_8862.JPG
- ![DSC_8864.JPG](/listings/photos/143219402/1651246) - DSC_8864.JPG
- ![DSC_8859.JPG](/listings/photos/143219402/1651247) - DSC_8859.JPG
- ![DSC_8857.JPG](/listings/photos/143219402/1651248) - DSC_8857.JPG
- ![DSC_8860.JPG](/listings/photos/143219402/1651249) - DSC_8860.JPG
- ![Courtyard.jpg](/listings/photos/143219402/1651250) - Courtyard.jpg

## Floorplans

- ![Floorplan.jpg](/listings/photos/143219402/1651251) - Floorplan.jpg

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 59 ST LEONARDS STREET, STAMFORD, SOUTH KESTEVEN, LINCOLNSHIRE, PE9 2HU | £330,000 | 01/08/2024 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 2 MARSHALLS YARD, STAMFORD, SOUTH KESTEVEN, LINCOLNSHIRE, PE9 2BP | £1,400,000 | 15/12/2021 | Semi-detached |

**Area average:** £1,400,000 (1 sale)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £336,761 (46 Semi-detached, PE9, 2024–2026)
- **Deviation:** +11.4%

## Rental Range

*ONS Price Index of Private Rents (South Kesteven). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £757/mo
- **Realistic:** £841/mo
- **Optimistic:** £925/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Peterborough (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £808/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed Detached House, Wharf Road, PE9 | £3,050/mo | 3 | 0.06 miles | OpenRent |
| 3 Bed Terraced House, Wharf Road, PE9 | £2,795/mo | 3 | 0.07 miles | OpenRent |
| 3 Bed Terraced House, Vine Street, PE9 | £2,995/mo | 3 | 0.15 miles | OpenRent |
| 3 Bed Terraced House, Cherryholt Road, PE9 | £1,900/mo | 3 | 0.19 miles | OpenRent |
| 3 Bed Detached House, The Granary, PE9 | £3,050/mo | 3 | 0.31 miles | OpenRent |
| 3 Bed Terraced House, Southview Terrace, PE9 | £3,295/mo | 3 | 0.34 miles | OpenRent |
| 3 Bed Detached House, Wothorpe Road, PE9 | £3,395/mo | 3 | 0.38 miles | OpenRent |
| 3 Bed Terraced House, York Road, PE9 | £2,350/mo | 3 | 0.47 miles | OpenRent |
| 3 Bed Terraced House, Essex Rd, PE9 | £950/mo | 3 | 0.51 miles | OpenRent |
| 3 Bed Semi-Detached House, Queens Walk, PE9 | £1,675/mo | 3 | 0.57 miles | OpenRent |
| 3 Bed Detached House, Queen's Walk, PE9 | £3,050/mo | 3 | 0.57 miles | OpenRent |
| 3 Bed Semi-Detached House, Northumberland Avenue, PE9 | £1,100/mo | 3 | 0.6 miles | OpenRent |
| 3 Bed Bungalow, Casterton Road, PE9 | £3,095/mo | 3 | 0.63 miles | OpenRent |
| 3 Bed Semi-Detached House, Anne Road, PE9 | £1,050/mo | 3 | 0.64 miles | OpenRent |
| 3 Bed Terraced House, Elizabeth Road, PE9 | £995/mo | 3 | 0.64 miles | OpenRent |
| 3 Bed Semi-Detached House, Rutland Road, PE9 | £1,100/mo | 3 | 0.7 miles | OpenRent |
| 3 Bed Semi-Detached House, Ryhall Road, PE9 | £1,200/mo | 3 | 0.7 miles | OpenRent |

**Average rent: £2,179/mo (17 listings)**

## 1% Rule

- **Rent ratio:** 0.63% (weak for cashflow)
- **Max investor price (0.8%):** £293,750
- **Target investor price (1%):** £235,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £2,350/mo).*

- **Gross yield:** 7.5%
- **Cost-to-rent:** 13.3×
- **Monthly cashflow:** £613/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 6.8%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 51.1%
- **10y growth:** 63.5%

## House Price Index (HM Land Registry)

*Official index for South Kesteven; Semi-detached series; as of April 2026.*

- **1y growth (index):** 3.6%
- **5y growth (index):** 16.9%
- **10y growth (index):** 50.4%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Main.jpg DSC_8854.JPG editedimage-ef423a1c-b515-48f7-b655-29deb354f23c 2 DSC_8861.JPG DSC_8862.JPG DSC_8864.JPG DSC_8859.JPG DSC_8857.JPG DSC_8860.JPG Courtyard.jpg

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Property details

Tenure

FREEHOLD

Council tax band

Last sold

£330,000 Aug 2024

Local average

£336,761 (+11.4%)

Deprivation

Decile 6 (17,927 of 33,755)

Street crime

1 incident within 1 mile (May 2026)

Key features

CASH BUYERS ONLY
Three bedroom semi-detached home
Grade II Listed
Two reception rooms
Attic Room and a cellar
Gas fired central heating
Modernisation required
Easy access to Stamford train station & local amenities
Courtyard garden
Council Tax Band - D

Additional details

Garden: Yes

Description

Set in the centre of Stamford, this Grade II Listed three bedroom semi-detached town house comes with two reception rooms as well as an attic room and cellar. The property does require some modernisation and provides a superb opportunity for someone to put their own stamp on it.

The accommodation comprises: - Entrance hall, sitting room, dining room, kitchen, landing, three bedrooms, shower room, attic room and a cellar that is currently closed off.

The property dates back to the 18th Century and has been in the current family for a number of decades and comes with gas fired central heating.

To the rear of the property is an enclosed, south facing courtyard garden.

Entrance Hall -

Sitting Room - 6.27m x 2.57m (20'7 x 8'5) -

Dining Room - 3.38m x 3.28m max, 2.84m min (11'1 x 10'9 max, 9'4 -

Kitchen - 4.29m max, 3.53m min x 2.84m (14'1 max, 11'7 min x -

Landing -

Main Bedroom - 4.80m x 3.05m (15'9 x 10') -

Bedroom Two - 3.71m x 2.13m (12'2 x 7') -

Bedroom Three - 2.87m x 2.57m (9'5 x 8'5) -

Shower Room - 3.38m x 1.50m (11'1 x 4'11) -

Attic Room - 6.99m x 2.82m (22'11 x 9'3) -

Listed by

Stamford

Sowden Wallis Estate Agents

Reference: 143219402

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan.jpg

Price history

Event	Date	Price	% change
Sold	01/08/2024 (2 years ago)	£330,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
2 MARSHALLS YARD, STAMFORD, SOUTH KESTEVEN, LINCOLNSHIRE, PE9 2BP	£1,400,000	15/12/2021	Semi-detached

Area average: £1,400,000 (1 sale)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 51.1%

10y growth 63.5%

House Price Index (HM Land Registry — official index, not sold-price averages): South Kesteven. Series: Semi-detached. As of April 2026.

1y (index) 3.6%

5y (index) 16.9%

10y (index) 50.4%

Rental Range

Estimated market rent for South Kesteven. Low = conservative, Realistic = average, Optimistic = best case.

Low £757/mo

Realistic £841/mo

Optimistic £925/mo

Based on Local Authority from postcode lookup → South Kesteven.

LHA (30th percentile) floor for Peterborough: £808/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View PE9 2HU

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Shop	Morgan & French	0.1 miles
Shop	Age UK	0.1 miles
Bus stop	Brazenose Lane	0.1 miles
Bus stop	Recreation Ground Road	0.1 miles
Hospital	Stamford & Rutland Hospital	0.4 miles
Train station	Stamford	0.4 miles
Train station	Wansford (NVR)	6.8 miles
Hospital	Unknown	9.1 miles
University	City College Peterborough	11.3 miles
University	ARU Peterborough	11.5 miles

Street-level crime

Category	Count
Shoplifting	1
Total incidents	1

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Stamford Endowed Schools	Other	0.1 miles	— (No rating)
Stamford St Gilberts Church of England Primary School	Primary	0.5 miles	Good — 19 Oct 2011
Stamford Junior School	Other	0.5 miles	— (No rating)
Stamford Welland Academy	Secondary	0.5 miles	Good — 17 Oct 2021
The Bluecoat School	Primary	0.6 miles	Requires improvement — 25 May 2022

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
3 Bed Detached House, Wharf Road, PE9	£3,050/mo	3	0.06 miles	OpenRent
3 Bed Terraced House, Wharf Road, PE9	£2,795/mo	3	0.07 miles	OpenRent
3 Bed Terraced House, Vine Street, PE9	£2,995/mo	3	0.15 miles	OpenRent
3 Bed Terraced House, Cherryholt Road, PE9	£1,900/mo	3	0.19 miles	OpenRent
3 Bed Detached House, The Granary, PE9	£3,050/mo	3	0.31 miles	OpenRent
3 Bed Terraced House, Southview Terrace, PE9	£3,295/mo	3	0.34 miles	OpenRent
3 Bed Detached House, Wothorpe Road, PE9	£3,395/mo	3	0.38 miles	OpenRent
3 Bed Terraced House, York Road, PE9	£2,350/mo	3	0.47 miles	OpenRent
3 Bed Terraced House, Essex Rd, PE9	£950/mo	3	0.51 miles	OpenRent
3 Bed Semi-Detached House, Queens Walk, PE9	£1,675/mo	3	0.57 miles	OpenRent
3 Bed Detached House, Queen's Walk, PE9	£3,050/mo	3	0.57 miles	OpenRent
3 Bed Semi-Detached House, Northumberland Avenue, PE9	£1,100/mo	3	0.6 miles	OpenRent
3 Bed Bungalow, Casterton Road, PE9	£3,095/mo	3	0.63 miles	OpenRent
3 Bed Semi-Detached House, Anne Road, PE9	£1,050/mo	3	0.64 miles	OpenRent
3 Bed Terraced House, Elizabeth Road, PE9	£995/mo	3	0.64 miles	OpenRent
3 Bed Semi-Detached House, Rutland Road, PE9	£1,100/mo	3	0.7 miles	OpenRent
3 Bed Semi-Detached House, Ryhall Road, PE9	£1,200/mo	3	0.7 miles	OpenRent

Average rent: £2,179/mo (17 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.63%

Max investor price (0.8%) £293,750

Target investor price (1%) £235,000

Gross yield 7.5%

Cost-to-rent ratio 13.3×

Monthly cashflow £613/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 6.8%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

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