Worst House on the Street Logo
South Parade, Boston, PE21 - Image 1
South Parade, Boston, PE21 - Image 2
South Parade, Boston, PE21 - Image 3
South Parade, Boston, PE21 - Image 4
South Parade, Boston, PE21 - Image 5
South Parade, Boston, PE21 - Image 6
South Parade, Boston, PE21 - Image 7
South Parade, Boston, PE21 - Image 8
South Parade, Boston, PE21 - Image 9
South Parade, Boston, PE21 - Image 10
South Parade, Boston, PE21 - Image 11

South Parade, Boston, PE21

East of England

£279,950
Listed on 09/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1199 sqft

Description

This detached bungalow presents an intriguing opportunity for renovation within a generous plot of approximately 0.4 acres, offering potential lakeside views to the rear. The property features a central entrance hall that leads into a spacious lounge with dual aspect windows, a kitchen equipped with ample storage, and a garden room that opens up to the extensive rear garden. Accommodation includes three double bedrooms and a functional bathroom, all in need of modernization which allows for personal customizations and improvements. Additionally, there is scope for extending the building subject to planning permission, making it a significant investment prospect in this desirable area. The property is being sold with no onward chain, providing ease of transaction for prospective buyers.

Investment Analysis

(PE21 area)

Above Market Value

This property is priced +24.9% above area average per sq ft

+24.9%
This Property
£233/sq ft
Area Average
£187/sq ft
Avg Rent (weekly)
£180
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £55,000
Target Value
£246,634
10% above area average per sq ft
Potential ROI
-26.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (PE21)

Area prices are rising by +3.6% over the last 12 months
3 year growth: 6.8%
5 year growth: 23.0%
Investment Disclaimer: Analysis based on PE21 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

South Parade, Boston, PE21
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,026
Based on a loan of £209,962 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE