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Edinburgh Drive, SPALDING

East of England

£160,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1077 sqft

Description

This three-bedroom semi-detached home, located on the outskirts of Spalding, presents a promising opportunity for renovation. The property requires cosmetic upgrades throughout, making it an ideal project for investors or homeowners looking to add personal touches. Featuring two open-plan reception areas and a garden room, the ground floor includes a functional kitchen with utility/pantry space. On the upper level, you'll find three spacious bedrooms along with a family bathroom equipped with a three-piece suite. Outside, there is off-road parking for one vehicle and an enclosed garden that boasts both a central lawn and patio area, perfect for outdoor improvements. Notably, the garden room is in disrepair and may require removal or replacement. This property comes with no chain, simplifying the purchasing process.

Investment Analysis

(PE11 area)

Below Market Value

This property is priced -32.4% below area average per sq ft

-32.4%
Potential saving
This Property
£149/sq ft
Area Average
£220/sq ft
Avg Rent (weekly)
£201
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£260,219
10% above area average per sq ft
Potential ROI
+40.7%
After renovation
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

Edinburgh Drive, 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
£586
Based on a loan of £120,000 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