Worst House on the Street Logo
Main Road, Gedney, Spalding - Image 1
Main Road, Gedney, Spalding - Image 2
Main Road, Gedney, Spalding - Image 3
Main Road, Gedney, Spalding - Image 4
Main Road, Gedney, Spalding - Image 5
Main Road, Gedney, Spalding - Image 6
Main Road, Gedney, Spalding - Image 7
Main Road, Gedney, Spalding - Image 8
Main Road, Gedney, Spalding - Image 9
Main Road, Gedney, Spalding - Image 10

Main Road, Gedney, Spalding

East of England

£150,000
Listed on 10/03/2024

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached house offers a solid foundation for those looking to invest and personalize their living space. While the property requires some modernization, it presents an excellent opportunity for buyers who wish to put their unique stamp on it. The interior features a spacious lounge and a kitchen diner that serve as the heart of the home, offering ample room for family gatherings or entertaining guests. The kitchen is equipped with a range of wall and base units and includes an integrated electric oven, grill, and four-ring hob. There is also a practical rear porch providing additional storage space and direct access to the garden. Upstairs, you will find three well-proportioned bedrooms, each presenting potential for reconfiguration or updates according to personal taste. The family bathroom offers functional amenities with room for improvement, allowing for customization suited to modern preferences. Externally, the property boasts off-road parking for at least two vehicles, which is a valuable feature in this area. The enclosed yard provides security and privacy, while the substantial lawned garden at the rear offers plenty of space for outdoor activities or future landscaping projects—ideal for those with aspirations of cultivating their own green oasis. Located on the outskirts of Long Sutton, this home benefits from good transport links, making it convenient for commuting and daily travel needs. This strategic position enhances its investment potential as demand in the area remains robust. Overall, this property invites creativity and vision from prospective buyers eager to transform it into their dream home while benefiting from its prime location.

Investment Analysis

(PE12 area)
Area Average
£229/sq ft
Avg Rent (weekly)
£189
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PE12)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -3.9%
5 year growth: 23.1%
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

Main Road, Gedney, Spalding
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£549
Based on a loan of £112,500 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE