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Main Road, Deeping St. Nicholas, Spalding

East of England

£355,000
Listed on 31/12/2025

Property Details

Bedrooms
5
Type
Detached house
Area
1915 sqft

Description

Situated in the tranquil village of Deeping St. Nicholas, this five-bedroom detached residence offers significant potential for renovation and personalisation. Set on a generous plot with ample parking and an expansive rear garden, this property presents an opportunity to create a bespoke family home that meets modern needs while enjoying the serene rural backdrop. The interior layout is flexible, featuring a ground-floor bedroom with en-suite facilities, making it suitable for multi-generational living or guest accommodation. The ground floor includes a welcoming hallway, spacious lounge/diner with a cozy fireplace, functional kitchen space, and utility room enhancing everyday convenience. Upstairs, four additional bedrooms await along with a family bathroom and storage areas. With excellent transport connections to nearby towns and cities, including quick access to Peterborough's mainline station for swift journeys to London, this property not only provides space but also connectivity for both work and leisure pursuits. A thoughtful renovation can transform Holly House into a stunning home tailored to your lifestyle aspirations.

Investment Analysis

(PE11 area)

Below Market Value

This property is priced -15.0% below area average per sq ft

-15.0%
Potential saving
This Property
£185/sq ft
Area Average
£218/sq ft
Avg Rent (weekly)
£203
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£459,428
10% above area average per sq ft
Potential ROI
+5.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (PE11)

Area prices are falling by -4.9% over the last 12 months
3 year growth: -3.9%
5 year growth: +12.6%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,280
Based on a loan of £266,250 over 30 years at 4.06% 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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