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Main Road, Deeping St. Nicholas, Spalding, Lincolnshire, PE11 - Image 1
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Main Road, Deeping St. Nicholas, Spalding, Lincolnshire, PE11 - Image 4
Main Road, Deeping St. Nicholas, Spalding, Lincolnshire, PE11 - Image 5
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Main Road, Deeping St. Nicholas, Spalding, Lincolnshire, PE11 - Image 7
Main Road, Deeping St. Nicholas, Spalding, Lincolnshire, PE11 - Image 8
Main Road, Deeping St. Nicholas, Spalding, Lincolnshire, PE11 - Image 9
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Main Road, Deeping St. Nicholas, Spalding, Lincolnshire, PE11 - Image 11

Main Road, Deeping St. Nicholas, Spalding, Lincolnshire, PE11

East of England

£950,000
Listed on 31/12/2025

Property Details

Bedrooms
7
Type
Detached house
Area
6415 sqft

Description

This expansive family residence extends over 6400 sq ft, set on a substantial plot of approximately 1.86 acres, and presents an exciting opportunity for renovation and personalization. Landmark House, constructed in 2001, features a blend of classic brick architecture with modern amenities. The property is gated and accessed via a sweeping gravel drive, allowing for secure and private entry. The interior layout spans three floors and offers versatile living spaces with seven bedrooms, five bathrooms, and five reception areas. The large open-plan kitchen is well-equipped but could benefit from updates to enhance its functionality and style. With integral double garage space designed for future adaptations such as an annexe (subject to planning permission), this home is primed for investment potential. Each room is bathed in natural light thanks to large windows and thoughtful design elements that encourage flow throughout the home. The expansive garden surrounds provide ample scope for outdoor enhancements or recreational developments. Positioned in Deeping St Nicholas—just a short drive from market towns featuring local amenities—the location combines rural charm with convenience. With some targeted renovations, this property can truly reflect modern living while retaining its original grandeur.

Investment Analysis

(PE11 area)

Below Market Value

This property is priced -32.1% below area average per sq ft

-32.1%
Potential saving
This Property
£148/sq ft
Area Average
£218/sq ft
Avg Rent (weekly)
£203
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,539,023
10% above area average per sq ft
Potential ROI
+43.8%
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

Main Road, Deeping St. Nicholas, Spalding, Lincolnshire, PE11
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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
£3,426
Based on a loan of £712,500 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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