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Cherry Holt Lane, Pinchbeck, Spalding

East of England

£190,000
Listed on 31/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1188 sqft

Description

This detached chalet bungalow features two spacious bedrooms and is located in the tranquil village of Pinchbeck. It boasts ample off-road parking and a generous enclosed garden, making it an ideal setting for outdoor enjoyment or potential landscaping projects. The property has been well maintained, yet presents an exciting opportunity for cosmetic updates to align with contemporary tastes. The interior comprises a large lounge with a welcoming fireplace, a functional kitchen space that can accommodate modern appliances, and a converted garage currently used as a dining room but easily adaptable for various purposes such as an office or additional living area. Upstairs, you will find two comfortable double bedrooms and access to two loft storage areas, creating potential for further development into usable spaces. The ground floor includes a stylishly updated shower room that adds convenience to the living arrangement. Outside, the fully enclosed rear garden is predominantly laid to lawn with patio areas and includes two sheds—one with electric connections suitable for utility use—presenting opportunities for additional storage or workshop functionality. This property stands as an excellent foundation for those seeking to invest in renovations while enjoying the charm of village life.

Investment Analysis

(PE11 area)

Below Market Value

This property is priced -27.2% below area average per sq ft

-27.2%
Potential saving
This Property
£160/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
£287,039
10% above area average per sq ft
Potential ROI
+24.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Cherry Holt Lane, Pinchbeck, 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
£696
Based on a loan of £142,500 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