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Pinchbeck Road, Spalding, Lincolnshire, PE11 - Image 1
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Pinchbeck Road, Spalding, Lincolnshire, PE11 - Image 11

Pinchbeck Road, Spalding, Lincolnshire, PE11

East of England

£525,000
Listed on 01/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1807 sqft

Description

This substantial detached family home, constructed in the early 1950s, presents a unique opportunity for renovation and investment within one of Spalding’s most sought-after residential areas. Nestled on a generous half-acre plot, the property features well-established gardens that offer both privacy and potential for expansion. The accommodation boasts a versatile layout, filled with natural light. A welcoming porch leads into an entrance hall dominated by a striking picture window, enhancing the flow of space throughout. The triple-aspect sitting room is particularly noteworthy, featuring a curved bay window and an open fireplace, while French doors provide direct access to the conservatory and gardens. The adjacent dining room is ideally sized for gatherings and connects to a dining kitchen that overlooks the outdoor space—this connection could easily be enhanced through thoughtful renovations. Access to extensive grounds is facilitated by a rear link hallway leading to a spacious drive-through garage with potential for conversion or extension (subject to planning approval). The ground floor also includes a convenient W.C. Upstairs, four double bedrooms are arranged around a central landing, many retaining original features such as fireplaces and curved bay windows that add character. The principal bedroom offers access to a private balcony and roof terrace. A four-piece family bathroom serves the remaining bedrooms. The exterior of the property is approached via a carriage driveway bordered by mature trees. The gardens provide ample outdoor space with established lawns, mature shrubs, and areas ready for further development—be it an extension of the existing home or potentially creating an additional dwelling (subject to necessary consents). There is also a summer house and generous patios suitable for outdoor entertaining. Location-wise, this home benefits from its proximity to Spalding's vibrant town center which features an array of shops, restaurants, and essential amenities including banking and leisure facilities. Commuters will appreciate Spalding railway station's quick links to Peterborough within 20 minutes as well as onward connections to Cambridge and London Kings Cross. Additionally, it is conveniently located near Springfields Shopping Centre and Festival Gardens. For families, this property is in close proximity to reputable schools such as Spalding High School and Ayscoughee Hall School (independent primary), making it an attractive option for those seeking long-term residence or rental opportunities. In all, this property not only offers comfortable living space but also significant potential for enhancement or investment in an appealing market town setting.

Investment Analysis

(PE11 area)

Above Market Value

This property is priced +32.3% above area average per sq ft

+32.3%
This Property
£291/sq ft
Area Average
£220/sq ft
Avg Rent (weekly)
£201
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£436,598
10% above area average per sq ft
Potential ROI
-27.8%
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

Pinchbeck Road, Spalding, Lincolnshire, PE11
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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
£1,923
Based on a loan of £393,750 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