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Pen Street, Boston, Lincolnshire, PE21 6TJ - Image 1
Pen Street, Boston, Lincolnshire, PE21 6TJ - Image 2
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Pen Street, Boston, Lincolnshire, PE21 6TJ

East of England

£275,000
Listed on 02/12/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

Situated in the historic market town of Boston, this Grade II listed three-storey Victorian building offers significant renovation and investment potential. Currently functioning as a dental practice, the property features a ground floor equipped with four consulting rooms and essential supporting spaces such as a laboratory and reception area. Ascending to the first floor, you'll find additional consulting rooms alongside a waiting area and break-out space. The second floor houses two manager's apartments, although these are not available for immediate viewing. One of the property's key highlights is its enclosed courtyard at the rear, which provides access to a lapsed planning consent for three townhouses, making it an excellent opportunity for redevelopment. The commercial layout permits various possibilities for reconfiguration or conversion into residential units. With its proximity to bustling retail areas and parking facilities in the Market Place, this building stands out as a viable candidate for forward-thinking investors looking to capitalize on Boston's growth.

Investment Analysis

(PE21 area)
Area Average
£187/sq ft
Avg Rent (weekly)
£180
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (PE21)

Area prices are rising by +3.6% over the last 12 months
3 year growth: 6.8%
5 year growth: 23.0%
Investment Disclaimer: Analysis based on PE21 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

Pen Street, Boston, Lincolnshire, PE21 6TJ
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Mortgage Calculator

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£
£
%
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,007
Based on a loan of £206,250 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