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Winsover Road, Spalding

East of England

£295,000

Listed on 28/05/2026

Property Details

Bedrooms
6
Type
Detached
Area
3337 sqft

Description

This extensive six-bedroom detached property presents a unique investment opportunity in proximity to Spalding Town Centre and the local train station. With over 3,200 sq ft of living space, the layout includes four reception areas and three bathrooms, offering substantial interior volume that is primed for renovation or conversion. The property’s character can be harnessed while creating a modern living environment or enhancing its current functionalities.

The existing configuration permits a potential conversion into a House in Multiple Occupation (HMO) with six bedrooms and ample communal spaces, subject to necessary planning permissions. The detached garage and workshop at the rear offer further possibilities for development into an annex or self-contained units, which could increase rental yield or resale value.

The large rear garden adds another layer of potential, providing enough space for the construction of additional dwellings—subject to planning approval—which would contribute significantly to the property’s overall value.

Internally, while some updates are needed, there is a solid foundation to work from including spacious rooms that can be adapted as needed depending on design vision. This property is well-situated for access to local amenities and transport links, making it especially appealing for renters or future buyers interested in the area. Suitable for seasoned developers or new investors looking to capitalize on Spalding's burgeoning market.

Investment Analysis

(PE11 area)

Below Market Value

This property is priced -59.0% below area average per sq ft

-59.0%
Potential saving
This Property
£88/sq ft
Area Average
£216/sq ft
Avg Rent (weekly)
£207
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£792,321
10% above area average per sq ft
Potential ROI
+111.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
59
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (PE11)

Area prices are falling by -8.1% over the last 12 months
3 year growth: -5.8%
5 year growth: +7.2%
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

Winsover Road, Spalding
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,052
Based on a loan of £221,250 over 30 years at 3.97% 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

-5.1% since listed
£280,000£15,000(-5.1%)
29/08/2025
Current price
£295,000Initial listing
24/07/2025

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