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Cathedral Drive, Spalding, Lincolnshire, PE11 - Image 1
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Cathedral Drive, Spalding, Lincolnshire, PE11 - Image 8
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Cathedral Drive, Spalding, Lincolnshire, PE11 - Image 11

Cathedral Drive, Spalding, Lincolnshire, PE11

East of England

£250,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This detached residence, situated on a generous corner plot, presents a versatile canvas perfect for transformation. Built in the 1970s, it features a logical layout with abundant natural light flowing through large windows. The potential to create an upscale family home in the desirable Wygate area is immense. The ground floor is designed with flexibility in mind. An enclosed porch leads into a central hallway, which boasts under-stairs storage and provides access to a bright dual-aspect lounge/diner that stretches the full depth of the house. Here, many homeowners have opted to open up the space by integrating it with the kitchen, paving the way for a contemporary living area. At the rear of the house, you will find a blank slate kitchen that overlooks the expansive garden, offering ample space for modern fixtures such as an island or breakfast bar. Adjacent to this is a practical utility room that includes external access - ideal for families with pets or outdoor enthusiasts - along with a downstairs WC. The attached garage features a unique blue door and presents yet another opportunity: transforming this space into an office or playroom (subject to regulations and requirements). Ascending to the first floor reveals traditional family accommodation options – including three bedrooms of varying sizes and a family bathroom equipped with both shower and basin facilities. The principal bedroom, spacious and well-positioned at the front of the property, allows room for custom-built storage solutions. The exterior is noteworthy; gardens encircle three sides of this home providing privacy from the road as well as outdoor space for entertaining or relaxation. The side plot's width suggests significant potential for expansion through a double-storey extension (subject to planning permission), which could add an additional bedroom and en-suite facilities while preserving ample outdoor space.

Investment Analysis

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

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
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

Cathedral Drive, Spalding, Lincolnshire, PE11
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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
£916
Based on a loan of £187,500 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