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London Road, Spalding

East of England

£135,000
Listed on 18/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This end-terraced property presents an excellent opportunity for renovation and investment, situated in a location that offers both convenience and potential for appreciation. The house benefits from gas central heating and features a practical layout with a range of spaces to work with. Upon entering, you are greeted by an entrance lobby that leads into the lounge, which measures 15' 8" x 12' 0". The lounge is spacious and includes a gas fire, bay window, and an understairs storage cupboard. The adjoining kitchen, measuring 15' 0" x 7' 10", is equipped with basic units and offers ample potential for modernization. It features a wall-mounted Worcester gas boiler and a half-glazed rear entrance door leading to the garden, providing a good starting point for future upgrades. The first floor accommodates three bedrooms of varying sizes. Bedroom one measures 12' 2" x 8' 9" and has windows facing the front elevation along with built-in wardrobes for added functionality. Bedroom two (9' 6" x 8' 10") overlooks the rear garden, while bedroom three (6' 5" x 6' 0") could serve as a study or guest room. Additionally, the bathroom is fitted with a three-piece suite and has room for enhancement. Externally, the property features a manageable front yard and an enclosed rear garden that offers privacy. A passageway at the back of the house leads to a garage located at the end of the block; it does require some attention but adds utility to the property. This home is positioned conveniently near local amenities including shops and services. Given its need for modernization, it represents a fantastic investment opportunity for those looking to add value through renovation in this desirable area.

Investment Analysis

(PE11 area)
Area Average
£220/sq ft
Avg Rent (weekly)
£201
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (PE11)

Area prices are falling by +2.4% over the last 12 months
3 year growth: -2.5%
5 year growth: 16.8%
Investment Disclaimer: Analysis based on PE11 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

London Road, Spalding
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£495
Based on a loan of £101,250 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.

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