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4 Union Place, Boston, Lincolnshire PE21 6PS - Image 1
4 Union Place, Boston, Lincolnshire PE21 6PS - Image 2
4 Union Place, Boston, Lincolnshire PE21 6PS - Image 3
4 Union Place, Boston, Lincolnshire PE21 6PS - Image 4
4 Union Place, Boston, Lincolnshire PE21 6PS - Image 5

4 Union Place, Boston, Lincolnshire PE21 6PS

East of England

£180,000
Listed on 13/12/2025

Property Details

Bedrooms
5
Type
Semi-detached house
Area
1969 sqft

Description

This Grade II listed five-bedroom semi-detached residence, located in the heart of Boston, presents a substantial opportunity for renovation and investment. Built around 1800 with striking Georgian architecture, the property encompasses four reception areas, a kitchen, and a shower room, along with ample parking and a double garage at the rear. Given its layout and size, it holds significant potential for conversion into an HMO (House in Multiple Occupation) subject to obtaining the necessary licenses. The house is conveniently situated within reach of local shops and schools, as well as a rail link for commuting. The ground floor features a hall leading to various living spaces including a lounge, dining room, sitting room, study and kitchen. The first floor comprises a master bedroom complete with ensuite bathroom alongside four additional bedrooms and another bathroom. This property requires comprehensive refurbishment but offers an exciting chance to create an attractive family home or rental property in a developing area.

Investment Analysis

(PE21 area)

Below Market Value

This property is priced -51.1% below area average per sq ft

-51.1%
Potential saving
This Property
£91/sq ft
Area Average
£187/sq ft
Avg Rent (weekly)
£180
Avg Yield
4.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£405,023
10% above area average per sq ft
Potential ROI
+50.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (PE21)

Area prices are rising by +3.6% over the last 12 months
3 year growth: 6.8%
5 year growth: 23.0%
Investment Disclaimer: Analysis based on PE21 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

4 Union Place, Boston, Lincolnshire PE21 6PS
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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
£659
Based on a loan of £135,000 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