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Hospital Lane, Boston, PE21

East of England

£119,950
Listed on 28/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
866 sqft

Description

This two-bedroom semi-detached house is located in a well-regarded residential neighborhood, conveniently close to the Town Centre and Pilgrim Hospital. It features off-road parking and a garage, making it an appealing proposition for potential investors or those looking for a property with renovation potential. The layout includes an entrance hall, a lounge/dining room, a kitchen, and a bathroom, along with a small enclosed rear yard. While some modernization is necessary, the property presents an excellent opportunity to enhance its value and tailor it to personal preferences.

Investment Analysis

(PE21 area)

Below Market Value

This property is priced -26.0% below area average per sq ft

-26.0%
Potential saving
This Property
£139/sq ft
Area Average
£187/sq ft
Avg Rent (weekly)
£182
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£12,000 - £20,000
Target Value
£178,422
10% above area average per sq ft
Potential ROI
+27.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (PE21)

Area prices are stable by +0.6% over the last 12 months
3 year growth: +4.3%
5 year growth: +18.6%
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

Hospital Lane, Boston, PE21
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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
£433
Based on a loan of £89,962 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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