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Park Road, Spalding

East of England

£165,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1034 sqft

Description

This period semi-detached house offers a unique opportunity to transform a classic three-bedroom property into a modern family home. The layout features an inviting lounge and a separate dining room, both benefiting from charming period details such as ornate cornicing and exposed timber floors. The kitchen, while functional, presents potential for an upgrade to suit contemporary living standards. Upstairs, the three well-sized bedrooms provide ample space for personalization, making it ideal for families or investors looking to add value through refurbishment. Outside, the private garden is enclosed and landscaped with minimal maintenance in mind, yet leaves room for enhancement. Located in a desirable area of Spalding, this property is perfect for those eager to infuse their style and taste into a well-located home.

Investment Analysis

(PE11 area)

Below Market Value

This property is priced -27.4% below area average per sq ft

-27.4%
Potential saving
This Property
£160/sq ft
Area Average
£220/sq ft
Avg Rent (weekly)
£201
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£249,830
10% above area average per sq ft
Potential ROI
+21.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Park Road, Spalding
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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
£604
Based on a loan of £123,750 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