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Fairfields, Spalding PE12

East of England

£145,000Guide Price

Listed on 23/07/2026

Property details

Bedrooms
3
Type
Bungalow
Area
739 sqft

Description

This three-bedroom detached bungalow is being offered at auction, presenting a valuable opportunity for renovation and personal customization. While the property is in clean decorative order, it would benefit from some updates to bring it to its full potential. Conveniently located near local amenities, the layout includes an entrance hall, a spacious reception room, three bedrooms, a kitchen, and a bathroom/WC, along with a conservatory that could be transformed into a delightful space. The front and rear gardens provide additional outdoor appeal and potential for enhancement. This property represents an excellent investment for those looking to add value through refurbishment.

Investment analysis

(PE12 area)

Below Market Value

This property is priced -13.8% below area average per sq ft

-13.8%
Potential saving
This Property
£196/sq ft
Area Average
£228/sq ft
Avg Rent (weekly)
£204
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£185,057
10% above area average per sq ft
Potential ROI
+2.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PE12)

Area prices are stable by -1.1% over the last 12 months
3 year growth: -3.7%
5 year growth: +9.9%
Investment Disclaimer: Analysis based on PE12 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

Fairfields, Spalding PE12
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£548
Based on a loan of £108,750 over 30 years at 4.45% 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.

Stamp duty calculator

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