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Station Road, Gedney Hill, Spalding, Lincs, PE12 0NP - Image 1
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Station Road, Gedney Hill, Spalding, Lincs, PE12 0NP

East of England

£375,000

Listed on 03/02/2025

Property Details

Bedrooms
3
Type
Detached

Description

This historic former farmhouse, originating from 1860, presents a unique opportunity for renovation and personalization on a sizable plot of approximately 1.9 acres in the desirable village of Gedney Hill. Ideal for those aiming to embrace a self-sufficient lifestyle, the property's generous outdoor space is perfect for cultivation or leisure. The current living setup includes an open-plan lounge and dining area, a separate family room, a recently updated kitchen, utility space, conservatory, and an external WC. The first floor features three spacious double bedrooms along with a refitted shower room and a small box room. Though some areas require updating, recent improvements such as a full slate roof replacement and damp-proof treatment undertaken in 2013 enhance the property’s structural integrity. Solar panels are installed, offering energy-efficient benefits with ownership rights fully retained. Several outbuildings provide further potential; these include a cold store equipped with a chiller unit, log/machine storage, workshops, and even a chicken house. The expansive fruit orchard complements the property’s credentials as a self-sufficient haven. Additionally, approved planning permissions exist for various enhancements including residential extensions and additional workshops, providing ample scope for future projects or expansions. Furthermore, there is potential (subject to planning) for developing additional building plots given the dual access points flanking the property. Gedney Hill itself boasts essential amenities such as local shops and schools alongside recreational facilities like golf courses and fishing lakes. Spalding is conveniently nearby for more extensive services including supermarkets and transport links to larger cities including London.

Investment Analysis

(PE12 area)
Area Average
£229/sq ft
Avg Rent (weekly)
£210
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PE12)

Area prices are falling by -2.5% over the last 12 months
3 year growth: -5.3%
5 year growth: +12.1%
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

Station Road, Gedney Hill, Spalding, Lincs, PE12 0NP
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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
£1,417
Based on a loan of £281,250 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.

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