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Wainfleet Road, Boston, PE21 9RW - Image 1
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Wainfleet Road, Boston, PE21 9RW

East of England

£270,000
Listed on 31/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1649 sqft

Description

Nestled in a sought-after area of Boston, this spacious detached bungalow named Jabbeke offers significant potential for renovation and development. Conveniently located near Pilgrim Hospital and reputable schools, the property features a long gravel driveway that accommodates ample off-road parking, alongside well-maintained gardens both in front and at the rear. Upon entering, you are greeted by a hallway with generous storage options, leading to an expansive lounge/diner that boasts a large bay window and a cozy gas fireplace. Connected to this is the garden room, which provides a bright view of the outdoor space and could serve well as an additional dining area. The breakfast kitchen and utility room are practical spaces with views over the garden. Currently configured with two sizeable double bedrooms and a four-piece bathroom, there's room for customization. Notably, the loft space presents an excellent opportunity for expansion, as it has existing dormer windows that could allow for adding two more bedrooms along with en-suite facilities (subject to planning approval). This property stands out not just for its comfortable living spaces but also for its impressive extension possibilities. Additionally, it benefits from being offered with no onward chain, making it an appealing option for investors or families looking to grow. The exterior includes beautifully maintained gardens complemented by a timber shed and greenhouse, while enjoying scenic views over the neighboring countryside. It's worth noting that there is already approved planning permission for future development on adjacent land, enhancing investment value.

Investment Analysis

(PE21 area)

Below Market Value

This property is priced -12.2% below area average per sq ft

-12.2%
Potential saving
This Property
£164/sq ft
Area Average
£187/sq ft
Avg Rent (weekly)
£177
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£338,292
10% above area average per sq ft
Potential ROI
+2.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (PE21)

Area prices are stable by -0.1% over the last 12 months
3 year growth: +3.8%
5 year growth: +18.0%
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

Wainfleet Road, Boston, PE21 9RW
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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
£974
Based on a loan of £202,500 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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