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Main Road, Deeping St. Nicholas, Spalding

East of England

£395,000
Listed on 17/10/2025

Property Details

Bedrooms
5
Type
Detached house
Area
1915 sqft

Description

Holly House is a substantial five-bedroom detached residence situated on a generously sized plot in the serene village of Deeping St. Nicholas. This home offers an expansive driveway capable of accommodating multiple vehicles, which enhances its practicality for families and visitors alike. The large rear garden presents ample outdoor space, ideal for those with a penchant for gardening or entertaining. The interior of Holly House spans two floors and features a flexible layout that can cater to various living arrangements. On the ground floor, you'll find a welcoming hallway leading to a spacious lounge/diner equipped with a cozy fireplace, perfect for family gatherings. The kitchen, adjacent to the breakfast area, offers potential for modern upgrades and custom designs. A utility room provides convenient access to the back of the house, while a fifth bedroom and an en-suite bathroom add versatility to the home’s layout—suitable for guests or multi-generational living. Upstairs, four additional bedrooms offer diverse options for sleeping arrangements or home office space, complemented by a family bathroom and a wide landing that includes storage solutions. This property is ripe for renovation, providing an exciting opportunity for homeowners looking to personalize their living space while capitalizing on its inherent charm. With some investment in modernization, Holly House could be transformed into an exceptional family home that meets contemporary needs. Located in Deeping St. Nicholas, this property benefits from excellent transport links. The nearby A16 and A1175 facilitate quick access to Spalding and Peterborough, while Peterborough's mainline train station is just a short drive away, offering rapid connections to London Kings Cross in under an hour. This balanced location combines rural tranquility with convenient commuting options. In summary, Holly House presents an outstanding investment potential within a peaceful village setting. The combination of substantial outdoor space and flexible interior layout makes it an intriguing opportunity for those looking to create their ideal home through thoughtful renovations.

Investment Analysis

(PE11 area)

Below Market Value

This property is priced -6.1% below area average per sq ft

-6.1%
Potential saving
This Property
£206/sq ft
Area Average
£220/sq ft
Avg Rent (weekly)
£201
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£462,693
10% above area average per sq ft
Potential ROI
-4.6%
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

Main Road, Deeping St. Nicholas, 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
£1,447
Based on a loan of £296,250 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