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Spalding PE11

East of England

£300,000
Listed on 07/09/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1108 sqft

Description

This four-bedroom detached home presents a noteworthy opportunity for those interested in renovation and investment. Located in a sought-after residential neighborhood, the property features spacious living areas, a sizable private garden, and a partially completed extension that opens the door to further development. On the ground floor, you’ll find a versatile living room along with a separate dining area that could easily function as a fourth bedroom. The kitchen is well-sized, leading to practical amenities including a downstairs WC, pantry, and utility room. On the upper level, three generously sized bedrooms offer ample space for family living, accompanied by a family bathroom. The existing extension is particularly appealing for prospective buyers looking to enhance their living space. With existing plans that envision adding a home office, an additional reception room, and a master suite complete with built-in wardrobes and an ensuite bathroom, this project allows for significant customization. Alternatively, buyers are welcome to reimagine the plans to suit their own vision. The exterior of the property features a spacious driveway and garage alongside a private rear garden that includes several storage sheds and even a homemade bar area—ideal for entertaining outdoors or enjoying leisure time. With its combination of solid structure and renovation potential, this home stands out as an excellent choice for those looking to invest in property improvements while tailoring the space to their preferences.

Investment Analysis

(PE11 area)

Above Market Value

This property is priced +23.3% above area average per sq ft

+23.3%
This Property
£271/sq ft
Area Average
£220/sq ft
Avg Rent (weekly)
£201
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £80,000
Target Value
£267,709
10% above area average per sq ft
Potential ROI
-29.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (PE11)

Area prices are falling by +2.4% over the last 12 months
3 year growth: -2.5%
5 year growth: 16.8%
Investment Disclaimer: Analysis based on PE11 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

Spalding PE11
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,099
Based on a loan of £225,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE