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High Street, Gosberton, Spalding

East Midlands

£120,000
Listed on 24/06/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
613 sqft

Description

This semi-detached property presents a compelling opportunity for those looking to invest in a renovation project. With two bedrooms and a traditional layout, this home offers a solid foundation for transformation. Inside, the space features a generous double bedroom that could serve as the main sleeping area, alongside a smaller second bedroom that might work well as a guest room or home office. The reception room is designed for relaxation and socializing, while the kitchen, though in need of updating, provides an ideal starting point for creating a customized culinary environment tailored to your tastes. Located conveniently near public transport links, commuting and travel are hassle-free. Additionally, the proximity to local amenities enhances everyday living, offering easy access to shopping and services. This property not only holds promise for personal improvement but also represents an attractive investment possibility in an area poised for growth.

Investment Analysis

(PE11 area)

Below Market Value

This property is priced -12.3% below area average per sq ft

-12.3%
Potential saving
This Property
£196/sq ft
Area Average
£223/sq ft
Avg Rent (weekly)
£202
Avg Yield
3.9%

Renovation Potential

Est. Renovation Cost
£12,000 - £30,000
10-25% of property value
Target Value
£150,504
10% above area average per sq ft
Potential ROI
+0.3%
After renovation
Monthly Sales
46
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (PE11)

Area prices are falling by +3.1% over the last 12 months
3 year growth: 0.3%
5 year growth: 16.9%
Investment Disclaimer: Analysis based on PE11 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

High Street, Gosberton, Spalding
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