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Balmoral Avenue, Spalding , Lincolnshire - Image 1
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Balmoral Avenue, Spalding , Lincolnshire

East of England

£169,995
Listed on 25/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This semi-detached home offers a solid foundation for renovation and investment in a sought-after area. Featuring three bedrooms, a spacious lounge/dining room, and a kitchen equipped with utility space, the property presents numerous opportunities for customization and improvement. Upon entering, the lounge/dining area stands out with its generous size and potential to be transformed into a welcoming family space. Double doors open to allow access to the rear garden, enhancing natural light and indoor-outdoor flow. The kitchen, while functional, is ready for modern upgrades and has designated areas for essential appliances – an advantageous setup for those looking to create their ideal cooking environment. The upper floor houses three bedrooms along with a family bathroom that awaits modernization. The master bedroom is notably roomy, overlooking the rear garden, while the second bedroom also provides ample space and includes built-in storage features. The third bedroom's versatility allows it to serve multiple purposes, whether as a guest room, home office, or playroom. Externally, the property benefits from off-road parking and features an expansive rear garden. A patio area adjacent to the lounge offers an inviting spot for outdoor gatherings. The largely lawned garden is dotted with mature shrubs and trees—ideal for gardening enthusiasts or those considering landscaping projects. Additionally, existing sheds offer practical storage solutions. Situated in Spalding, the home enjoys proximity to local amenities including shops, schools, parks, and recreational facilities such as tennis clubs. It also benefits from good transport links via train stations that connect to larger cities. With its combination of potential renovations and desirable location, this property could be an excellent investment opportunity for future growth in value. In summary, this house not only presents a comfortable living space but also invites buyers to envision their personal touch through updates and improvements—making it an excellent canvas for both homeowners and investors alike.

Investment Analysis

(PE11 area)
Area Average
£220/sq ft
Avg Rent (weekly)
£201
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Balmoral Avenue, Spalding , Lincolnshire
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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
£623
Based on a loan of £127,496 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