Worst House on the Street Logo
Alma Place, Spilsby, PE23 - Image 1
Alma Place, Spilsby, PE23 - Image 2
Alma Place, Spilsby, PE23 - Image 3
Alma Place, Spilsby, PE23 - Image 4
Alma Place, Spilsby, PE23 - Image 5

Alma Place, Spilsby, PE23

East Midlands

£99,950
Listed on 28/06/2025

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This end terrace house presents a promising opportunity for renovation enthusiasts or investors looking to add value. Situated conveniently within walking distance of Spilsby town centre, the property boasts a layout that includes a porch, lounge, dining room, kitchen, and bathroom on the ground floor, with two bedrooms located on the first floor. While the home requires updates, its solid structure and well-defined spaces offer a blank canvas for modernizing and personalizing. The enclosed courtyard at the rear provides outdoor space that could be transformed into a charming garden or outdoor living area. The desirable location enhances the property’s appeal, making it an attractive option for renters or future buyers who appreciate proximity to local amenities. With no onward chain, this property invites you to explore its potential and embark on creating a distinctive living space or investment opportunity. An EPC rating of G indicates that energy efficiency improvements could also be integrated into your renovation plans. This house is freehold and opens doors to various possibilities in an emerging market.

Investment Analysis

(PE23 area)
Area Average
£229/sq ft

Renovation Potential

Est. Renovation Cost
£9,995 - £24,988
10-25% of property value
Monthly Sales
9
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (PE23)

Area prices are falling by +10.6% over the last 12 months
3 year growth: -8.3%
5 year growth: 15.7%
Investment Disclaimer: Analysis based on PE23 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

Alma Place, Spilsby, PE23
Map showing location of Alma Place, Spilsby, PE23
Open Map