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Boston Road, West Keal, Spilsby, PE23 - Image 1
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Boston Road, West Keal, Spilsby, PE23

East Midlands

£340,000
Listed on 22/06/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This characterful cottage is set on a generous plot of approximately three-quarters of an acre, offering a unique opportunity for renovation and investment. With no immediate neighbors, the property enjoys fantastic views over the surrounding fens and the Lincolnshire Wolds, which is designated as an Area of Outstanding Natural Beauty. The location provides a serene retreat while still being conveniently close to local amenities. The existing accommodation includes three bedrooms, with potential for reconfiguration to enhance living space. The layout comprises a welcoming hallway, a snug area, a spacious lounge featuring open beams and a log burner, as well as a kitchen and utility room. The first floor contains two additional double bedrooms and a family bathroom. While the interior requires modernization, this allows for personalization to suit modern lifestyles. In addition to the main house, the property boasts three large stables and a tack room, making it ideal for equestrian enthusiasts or those interested in keeping animals. There is ample parking space accessible via double gates from the lane, accommodating multiple vehicles or larger units if needed. The outdoor space is versatile; currently laid out with gardens and sloping areas previously used as paddocks, there's scope for landscaping to create productive gardens or recreational spaces. Across the lane lies another quarter-acre plot that is currently overgrown but offers further potential for cultivation or leisure use. Situated on the outskirts of the village without nearby neighbors ensures privacy while providing easy access to local conveniences — just under a mile away are essential services including a village store and post office, along with connections on the main bus route between Spilsby and Boston. The market town of Boston is approximately 13 miles distant, with coastal beaches merely 15 miles away. The surrounding Wolds offer numerous opportunities for outdoor activities such as walking, cycling, and horseback riding through picturesque lanes leading into nature-rich landscapes. Historical sites nearby add to its appeal as both a home and an investment opportunity that promises growth in value within this sought-after area. With its combination of location, extensive grounds, and renovation potential, this property represents an exciting project for any prospective buyer looking to create their ideal rural retreat or capitalize on investment possibilities in a tranquil setting.

Investment Analysis

(PE23 area)
Area Average
£229/sq ft

Renovation Potential

Est. Renovation Cost
£34,000 - £85,000
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

Boston Road, West Keal, Spilsby, PE23
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