Worst House on the Street Logo
Main Road, Algarkirk, Boston - Image 1
Main Road, Algarkirk, Boston - Image 2
Main Road, Algarkirk, Boston - Image 3
Main Road, Algarkirk, Boston - Image 4
Main Road, Algarkirk, Boston - Image 5
Main Road, Algarkirk, Boston - Image 6
Main Road, Algarkirk, Boston - Image 7
Main Road, Algarkirk, Boston - Image 8
Main Road, Algarkirk, Boston - Image 9
Main Road, Algarkirk, Boston - Image 10
Main Road, Algarkirk, Boston - Image 11
Main Road, Algarkirk, Boston - Image 12
Main Road, Algarkirk, Boston - Image 13
Main Road, Algarkirk, Boston - Image 14
Main Road, Algarkirk, Boston - Image 15
Main Road, Algarkirk, Boston - Image 16
Main Road, Algarkirk, Boston - Image 17
Main Road, Algarkirk, Boston - Image 18
Main Road, Algarkirk, Boston - Image 19
Main Road, Algarkirk, Boston - Image 20
Main Road, Algarkirk, Boston - Image 21
Main Road, Algarkirk, Boston - Image 22
Main Road, Algarkirk, Boston - Image 23
Main Road, Algarkirk, Boston - Image 24
Main Road, Algarkirk, Boston - Image 25
Main Road, Algarkirk, Boston - Image 26

Main Road, Algarkirk, Boston

East of England

£325,000
Listed on 31/12/2025

Property Details

Bedrooms
4
Type
Character Property

Description

This property presents a compelling opportunity for both residential living and commercial activity, set on approximately three-quarters of an acre. Located prominently along the A17, it features a former café and restaurant alongside a spacious five-bedroom house, complete with ample parking and established gardens. The mix of residential and commercial spaces allows for multiple avenues of use, whether as-is or through redevelopment (pending planning approvals). The recent addition of a modern kitchen enhances the living space, providing a stylish area next to the potential business operations. With its high visibility from the main road coupled with a serene countryside backdrop, this site is well-suited for various ventures such as hospitality or guest accommodation. Additionally, the expansive layout and parking facilities enhance its prospects for transformation into retail or new residential developments. This property not only offers immediate lifestyle benefits but also significant income generation possibilities through careful renovation or conversion.

Investment Analysis

(PE20 area)
Area Average
£220/sq ft
Avg Rent (weekly)
£190
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (PE20)

Area prices are stable by +0.6% over the last 12 months
3 year growth: -3.6%
5 year growth: +22.8%
Investment Disclaimer: Analysis based on PE20 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, Algarkirk, Boston
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,151
Based on a loan of £243,750 over 30 years at 3.91% 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

Price History

-18.8% since listed
£325,000£25,000(-7.1%)
16/01/2025
Current price
£350,000£50,000(-12.5%)
22/10/2024
£400,000Initial listing
20/10/2024

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.