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Lowgate, Gosberton, Spalding

East of England

£300,000
Listed on 31/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1721 sqft

Description

This spacious bungalow in the village of Gosberton presents an excellent opportunity for those looking to invest in a property with significant potential. Featuring three sizable bedrooms, plus the possibility of a fourth bedroom or an additional reception area, this home offers flexible living options for various lifestyles. A standout aspect is the converted double garage that provides extra adaptable space—perfect for a home office, creative studio, or additional lounge area. While some modernization is needed to bring it up to contemporary standards, this property allows buyers to truly personalize their living environment while enhancing its value. The generous garden and ample parking further suggest that this home could be transformed into a desirable retreat with thoughtful renovations.

Investment Analysis

(PE11 area)

Below Market Value

This property is priced -20.6% below area average per sq ft

-20.6%
Potential saving
This Property
£174/sq ft
Area Average
£220/sq ft
Avg Rent (weekly)
£201
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£415,819
10% above area average per sq ft
Potential ROI
+22.3%
After renovation
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

Lowgate, Gosberton, 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
£1,099
Based on a loan of £225,000 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