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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 two-bedroom detached chalet bungalow in the desirable village of Pinchbeck presents an appealing opportunity for those looking to invest in a property with significant refurbishment potential. With ample off-road parking and a spacious enclosed garden featuring two storage sheds, this residence provides a solid foundation for creating a comfortable family home. The interior includes a generous lounge with ample natural light, a functional kitchen capable of accommodating dining space, and a modern shower room that has already been updated. The converted garage adds versatility, currently serving as a dining area but easily adaptable to suit various needs such as an office or playroom. Upstairs, both double bedrooms offer good dimensions and practical loft storage for further utility. Although well-maintained, this property offers room for modernization according to your taste, making it perfect for those wishing to tailor their living environment. Located in the heart of Pinchbeck, you will enjoy the benefits of village life while being close enough to Spalding for essential amenities and transport links.

Investment Analysis

(PE11 area)

Below Market Value

This property is priced -26.7% below area average per sq ft

-26.7%
Potential saving
This Property
£160/sq ft
Area Average
£218/sq ft
Avg Rent (weekly)
£203
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£285,013
10% above area average per sq ft
Potential ROI
+23.9%
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

Cherry Holt Lane, Pinchbeck, Spalding
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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
£685
Based on a loan of £142,500 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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