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Eleys Lane, Algarkirk, Boston, Lincolnshire, PE20 2HR - Image 1
Eleys Lane, Algarkirk, Boston, Lincolnshire, PE20 2HR - Image 2
Eleys Lane, Algarkirk, Boston, Lincolnshire, PE20 2HR - Image 3
Eleys Lane, Algarkirk, Boston, Lincolnshire, PE20 2HR - Image 4
Eleys Lane, Algarkirk, Boston, Lincolnshire, PE20 2HR - Image 5
Eleys Lane, Algarkirk, Boston, Lincolnshire, PE20 2HR - Image 6
Eleys Lane, Algarkirk, Boston, Lincolnshire, PE20 2HR - Image 7
Eleys Lane, Algarkirk, Boston, Lincolnshire, PE20 2HR - Image 8
Eleys Lane, Algarkirk, Boston, Lincolnshire, PE20 2HR - Image 9
Eleys Lane, Algarkirk, Boston, Lincolnshire, PE20 2HR - Image 10
Eleys Lane, Algarkirk, Boston, Lincolnshire, PE20 2HR - Image 11

Eleys Lane, Algarkirk, Boston, Lincolnshire, PE20 2HR

East of England

£135,000
Listed on 01/12/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1386 sqft

Description

This semi-detached home is set on a generous plot of approximately 0.17 acres in a serene, semi-rural locale offering expansive views both front and back. While the property is equipped with double glazing and oil-fired central heating, it requires significant updating to meet modern living standards. Cash buyers are preferred due to the presence of spray foam insulation in the loft. The layout includes an entrance hall, lounge, dining room, breakfast kitchen, and bathroom on the ground floor, along with four bedrooms upstairs. Externally, off-road parking is available alongside a rear garden that presents potential for landscaping or expansion. With an eye for renovation, this property could be transformed into a comfortable family home or a profitable investment.

Investment Analysis

(PE20 area)

Below Market Value

This property is priced -55.3% below area average per sq ft

-55.3%
Potential saving
This Property
£97/sq ft
Area Average
£218/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£332,210
10% above area average per sq ft
Potential ROI
+89.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (PE20)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -0.6%
5 year growth: 26.7%
Investment Disclaimer: Analysis based on PE20 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

Eleys Lane, Algarkirk, Boston, Lincolnshire, PE20 2HR
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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
£495
Based on a loan of £101,250 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