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South Parade, Boston, PE21

East of England

£269,950
Listed on 09/10/2025

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1199 sqft

Description

This spacious detached bungalow is set within generous grounds of approximately 0.4 acres, offering the exciting possibility of lakeside views at the rear. Inside, the layout includes a central entrance hall leading to a lounge with dual aspect windows, a kitchen equipped with essential storage, and a delightful garden room that opens out to the expansive rear garden. The property features three substantial double bedrooms and a bathroom that presents opportunities for modernisation. There’s significant potential for extensions (subject to planning permission) which could transform this property into an exceptional family home. With no onward chain, this is a blank canvas ready for a creative investor or homeowner looking to add value in an appealing location.

Investment Analysis

(PE21 area)

Above Market Value

This property is priced +19.4% above area average per sq ft

+19.4%
This Property
£225/sq ft
Area Average
£189/sq ft
Avg Rent (weekly)
£180
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£248,679
10% above area average per sq ft
Potential ROI
-22.3%
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
10%
Properties sold annually

Local Market Trend (PE21)

Area prices are falling by -5.1% over the last 12 months
3 year growth: +1.6%
5 year growth: +12.0%
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
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£963
Based on a loan of £202,462 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

Price History

-3.6% since listed
£269,950£10,000(-3.6%)
11/03/2026
Current price
£279,950Initial listing
08/12/2025

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