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Drury Lane, Bicker, Boston, PE20

East of England

£175,000
Listed on 11/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1015 sqft

Description

This two-bedroom detached bungalow, nestled in the desirable village of Bicker, presents a substantial opportunity for those looking to invest in a property requiring modernisation throughout. The layout includes an entrance porch and hall leading into a spacious open-plan lounge diner with sliding doors that open onto the expansive rear garden. The kitchen, equipped with essential appliances and ample storage, alongside a utility room providing additional space, caters well to functional living but is ready for upgrades. Both bedrooms are generously sized and include built-in wardrobes, while the bathroom features a three-piece suite that could be enhanced for better aesthetics and functionality. The property also benefits from a single garage and driveway with off-road parking potential, complemented by an electric vehicle charging point. With no onward chain, this bungalow offers not just a home but also significant investment potential through thoughtful renovations and improvements that can truly transform its character and value.

Investment Analysis

(PE20 area)

Below Market Value

This property is priced -20.9% below area average per sq ft

-20.9%
Potential saving
This Property
£172/sq ft
Area Average
£218/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£243,285
10% above area average per sq ft
Potential ROI
+15.9%
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

Drury Lane, Bicker, Boston, PE20
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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
£641
Based on a loan of £131,250 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