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Horseshoe Road, Spalding

East of England

£445,000
Listed on 08/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
2390 sqft

Description

This four-bedroom detached residence, situated on a spacious plot of nearly half an acre in Spalding, presents a remarkable opportunity for renovation and investment. The 2,100 sqft layout provides ample space for reconfiguration, catering perfectly to families or those seeking multi-generational living arrangements. The property features eco-friendly solar panels contributing to its admirable energy rating of B. The upper floor comprises four generously sized double bedrooms, including a principal suite with an ensuite bathroom, and a modern family bathroom. The ground floor boasts an entrance hall with an adjacent shower room, a bright and airy lounge that opens out to the garden via patio doors, a formal dining area that is currently adaptable as an additional bedroom, and a practical kitchen with a breakfast area. A utility room and an expansive family room add further versatility to the layout, allowing for various uses or potential modifications. The outdoor space includes wraparound gardens and a double garage, all set against the backdrop of mature trees. Notably, there is significant potential for extension (subject to planning permission), making this property not just a home but also an investment prospect waiting to be unlocked.

Investment Analysis

(PE11 area)

Below Market Value

This property is priced -14.6% below area average per sq ft

-14.6%
Potential saving
This Property
£186/sq ft
Area Average
£218/sq ft
Avg Rent (weekly)
£203
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£573,385
10% above area average per sq ft
Potential ROI
+13.5%
After renovation
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
33%
Properties sold annually

Local Market Trend (PE11)

Area prices are falling by -4.9% over the last 12 months
3 year growth: -3.9%
5 year growth: +12.6%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,605
Based on a loan of £333,750 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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