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Horseshoe Road, Spalding

East of England

£465,000
Listed on 08/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
2390 sqft

Description

This expansive four-bedroom detached residence is situated on a plot of nearly half an acre, presenting significant renovation and investment potential. Spanning approximately 2,100 sqft, the property features energy-efficient solar panels and offers a flexible layout that can accommodate large families or multi-generational living arrangements. The first floor boasts four generous double bedrooms, including a principal suite with an en-suite bathroom, complemented by a modern family bathroom. The ground floor consists of an entrance hall with an adjoining shower room, a bright lounge, a formal dining room that can easily serve as an additional bedroom, and a kitchen with a breakfast area adjacent to the utility room. Additionally, there's a spacious family room that could be repurposed for various uses such as hobbies or remote work. Outside, the wraparound gardens provide ample space for further extensions (subject to planning permissions), while the double garage enhances practicality. The existing outdoor space includes well-kept lawns surrounded by mature trees and features such as a patio for entertaining and vegetable beds for gardening enthusiasts. With some thoughtful renovations, this property could be transformed into an outstanding family home or investment opportunity.

Investment Analysis

(PE11 area)

Below Market Value

This property is priced -9.6% below area average per sq ft

-9.6%
Potential saving
This Property
£195/sq ft
Area Average
£215/sq ft
Avg Rent (weekly)
£204
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £75,000
Target Value
£566,024
10% above area average per sq ft
Potential ROI
+4.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
55
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (PE11)

Area prices are falling by -9.0% over the last 12 months
3 year growth: -6.7%
5 year growth: +7.9%
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

Horseshoe Road, Spalding
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,647
Based on a loan of £348,750 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

+2.2% since listed
£465,000+£20,000(+4.5%)
08/04/2026
Current price
£445,000£10,000(-2.2%)
07/01/2026
£455,000Initial listing
30/12/2025

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