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58 West Elloe Avenue, Spalding, Lincolnshire PE11 2BH - Image 1
58 West Elloe Avenue, Spalding, Lincolnshire PE11 2BH - Image 2
58 West Elloe Avenue, Spalding, Lincolnshire PE11 2BH - Image 3
58 West Elloe Avenue, Spalding, Lincolnshire PE11 2BH - Image 4
58 West Elloe Avenue, Spalding, Lincolnshire PE11 2BH - Image 5
58 West Elloe Avenue, Spalding, Lincolnshire PE11 2BH - Image 6
58 West Elloe Avenue, Spalding, Lincolnshire PE11 2BH - Image 7
58 West Elloe Avenue, Spalding, Lincolnshire PE11 2BH - Image 8

58 West Elloe Avenue, Spalding, Lincolnshire PE11 2BH

East of England

£150,000
Listed on 12/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1497 sqft

Description

This three-bedroom semi-detached house presents an exciting opportunity for renovation and investment. Positioned on a spacious plot, the property offers considerable potential for both extension and modernization, making it ideal for developers or homeowners eager to create a tailored living space. Inside, the layout includes two reception rooms along with a kitchen and a convenient w.c. The first floor accommodates three bedrooms and a family bathroom, providing a solid foundation for further enhancement. The property also features an attached garage and generous gardens, adding to its appeal as an outdoor living space. Located in Spalding, the home benefits from a variety of local amenities, including shops and recreational facilities. A nearby rail link enhances connectivity, while the A16 provides straightforward access to Peterborough and Boston, making it an attractive option for commuters. Given its structural integrity and location within a growing area, this property not only invites personal touches but also holds promising potential as a long-term investment. The expansive plot offers possibilities for extensions (subject to planning permission), allowing future owners to maximize their return. In summary, this property stands out as an opportunity with excellent renovation potential in a convenient location—perfect for those looking to make their mark in the housing market.

Investment Analysis

(PE11 area)

Below Market Value

This property is priced -54.4% below area average per sq ft

-54.4%
Potential saving
This Property
£100/sq ft
Area Average
£220/sq ft
Avg Rent (weekly)
£201
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£361,698
10% above area average per sq ft
Potential ROI
+85.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

58 West Elloe Avenue, Spalding, Lincolnshire PE11 2BH
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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
£549
Based on a loan of £112,500 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