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Cranesgate North, Whaplode St. Catherines, Spalding

East of England

£140,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
951 sqft

Description

This semi-detached three-bedroom house offers a promising opportunity for investors and first-time buyers looking to create their ideal home. While the property requires modernization and redecoration, its spacious layout includes a generous garden and a conservatory that can be transformed into a delightful living space. The off-road parking adds convenience, while the tranquil rural setting enhances its appeal. The absence of onward chain simplifies the purchase process, making it an attractive investment option. Each room provides potential to customize according to personal taste, with possibilities for updating features and enhancing functionality throughout the house.

Investment Analysis

(PE12 area)

Below Market Value

This property is priced -35.8% below area average per sq ft

-35.8%
Potential saving
This Property
£147/sq ft
Area Average
£229/sq ft
Avg Rent (weekly)
£189
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£240,028
10% above area average per sq ft
Potential ROI
+45.5%
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

Cranesgate North, Whaplode St. Catherines, Spalding
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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
£513
Based on a loan of £105,000 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