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Dowsdale Bank, Whaplode Drove, Spalding

East of England

£510,000
Listed on 31/12/2025

Property Details

Bedrooms
5
Type
Detached house

Description

This detached bungalow offers a remarkable opportunity for those looking to invest in a property with significant potential for refurbishment. Located on the tranquil Dowsdale Bank in Whaplode Drove, Spalding, this home features five bedrooms and two bathrooms across a well-planned layout that includes two reception rooms. With its approximately half-acre grounds, the property is complemented by landscaped gardens that include a bespoke Koi pond and multiple outbuildings, including a single garage with electric doors and three additional rooms currently utilized for storage, gym, and workshop purposes. There are numerous possibilities to transform these spaces into an annex or separate dwelling (subject to planning permission), making it suitable for various investment ideas. The interior welcomes you with a spacious reception hallway leading to four double bedrooms and a cozy living room with a recently fitted log burning stove. The expansive kitchen-dining-snug area boasts bespoke units and an adjacent utility room equipped with a new oil-fired central heating boiler. The master bedroom enjoys an en-suite shower room and dressing area, creating a private retreat within this home. Outside, ample gravel driveway parking caters to up to six vehicles alongside the garage. Furthermore, connectivity options such as full fibre internet enhance its appeal for modern living or working from home needs. This property represents an exciting canvas for renovations that can elevate its value while enjoying the peaceful countryside lifestyle.

Investment Analysis

(PE12 area)
Area Average
£229/sq ft
Avg Rent (weekly)
£193
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (PE12)

Area prices are stable by +0.1% over the last 12 months
3 year growth: -3.5%
5 year growth: +19.7%
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

Dowsdale Bank, Whaplode Drove, Spalding
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,839
Based on a loan of £382,500 over 30 years at 4.06% 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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