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Fen End Lane, Spalding, PE12 - Image 1
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Fen End Lane, Spalding, PE12

East of England

£149,950
Listed on 23/11/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
1075 sqft

Description

This two-bedroom semi-detached bungalow presents a promising renovation opportunity, ideally located on the outskirts of Spalding in a well-regarded residential area. While the property requires comprehensive refurbishment, its spacious layout includes a lounge, separate dining area, inner hall, two bedrooms, shower room, kitchen with rear lobby, and a conservatory. The exterior boasts a generous plot with ample off-road parking and a garage. With significant potential for improvement and personalisation, this bungalow is suitable for investors or those looking to create their ideal home.

Investment Analysis

(PE12 area)

Below Market Value

This property is priced -39.2% below area average per sq ft

-39.2%
Potential saving
This Property
£139/sq ft
Area Average
£229/sq ft
Avg Rent (weekly)
£189
Avg Yield
3.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£271,325
10% above area average per sq ft
Potential ROI
+42.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PE12)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -3.9%
5 year growth: 23.1%
Investment Disclaimer: Analysis based on PE12 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

Fen End Lane, Spalding, PE12
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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
£549
Based on a loan of £112,462 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