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Church Walk, Pinchbeck, Lincolnshire

East of England

£200,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This property presents a versatile opportunity for those looking to invest in either residential or commercial potential. Currently operating as a hairdressing salon, the space can easily be converted back to a fully functional home with the necessary planning approval. Featuring three bedrooms and multiple living areas, this property offers significant flexibility. Upon entering, a welcoming porch leads to a convenient downstairs cloakroom. The family room, filled with natural light from its windows, is ideal for relaxation and could serve as an additional bedroom or office space. Adjacent, the dining room provides ample room for entertaining and includes two built-in storage cupboards for added functionality. The snug area offers a cozy retreat that can be tailored to various uses, while the office is perfect for remote work or could be transformed into another bedroom if desired. The utility room adds practicality to daily life, providing space for laundry appliances without sacrificing aesthetic appeal. The spacious kitchen/dining area is in need of modernization but has great potential; it boasts integrated appliances and numerous windows that brighten the space. Venturing upstairs reveals two well-proportioned double bedrooms, both benefiting from built-in storage solutions and abundant natural light. The family bathroom requires updating but provides essential amenities including a bath with shower attachment and WC. The lounge on this level is generously sized and could serve numerous purposes depending on your needs – from an entertainment space to an extra bedroom. Outside, the property features attractive landscaping that enhances curb appeal alongside ample off-road parking. A garage complements this convenience, while the low-maintenance rear garden offers an ideal outdoor setting for leisure activities or entertaining guests. Located in Pinchbeck, this property enjoys proximity to local amenities such as schools, pharmacies, and convenience stores within a community-oriented village atmosphere. This combination of location benefits and inherent renovation potential makes it an intriguing investment prospect for either residential living or business conversion. Overall, this property stands out not only for its current use but also for its adaptability and investment opportunities in an appealing village setting.

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

Church Walk, Pinchbeck, Lincolnshire
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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
£733
Based on a loan of £150,000 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