Worst House on the Street Logo
High Street, Holbeach - Image 1
High Street, Holbeach - Image 2
High Street, Holbeach - Image 3
High Street, Holbeach - Image 4
High Street, Holbeach - Image 5
High Street, Holbeach - Image 6
High Street, Holbeach - Image 7
High Street, Holbeach - Image 8
High Street, Holbeach - Image 9
High Street, Holbeach - Image 10
High Street, Holbeach - Image 11
High Street, Holbeach - Image 12
High Street, Holbeach - Image 13
High Street, Holbeach - Image 14
High Street, Holbeach - Image 15

High Street, Holbeach

East of England

£74,995
Listed on 03/10/2025

Property Details

Bedrooms
1
Type
Commercial Property
Area
968 sqft

Description

This former restaurant space presents a unique investment opportunity in a busy town centre location, complete with off-road parking. The property is already undergoing some renovations, providing a solid platform for future enhancements tailored to the buyer's vision. Currently, the layout consists of a generous reception area that seamlessly connects to a bright conservatory-style seating area, enhanced by polycarbonate roofing. Additional features include a cloakroom and storage space, along with access to an upper-level reception room that can further diversify its use. This property holds substantial potential for various applications—whether re-establishing it as a dining venue or converting it into residential units (subject to planning consent). With its prime positioning and existing renovation groundwork, this site offers an attractive prospect for savvy investors and entrepreneurs looking to maximize value through further development.

Investment Analysis

(PE12 area)

Below Market Value

This property is priced -66.1% below area average per sq ft

-66.1%
Potential saving
This Property
£77/sq ft
Area Average
£229/sq ft
Avg Rent (weekly)
£202
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£243,520
10% above area average per sq ft
Potential ROI
+102.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PE12)

Area prices are falling by -4.3% over the last 12 months
3 year growth: -7.0%
5 year growth: +10.7%
Investment Disclaimer: Analysis based on PE12 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

High Street, Holbeach
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£268
Based on a loan of £56,246 over 30 years at 3.97% 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

Price History

-6.3% since listed
£74,995£5,005(-6.3%)
12/03/2026
Current price
£80,000Initial listing
03/10/2025

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates