Worst House on the Street Logo
Damgate Road, Holbeach - Image 1
Damgate Road, Holbeach - Image 2
Damgate Road, Holbeach - Image 3
Damgate Road, Holbeach - Image 4
Damgate Road, Holbeach - Image 5
Damgate Road, Holbeach - Image 6
Damgate Road, Holbeach - Image 7
Damgate Road, Holbeach - Image 8
Damgate Road, Holbeach - Image 9
Damgate Road, Holbeach - Image 10
Damgate Road, Holbeach - Image 11

Damgate Road, Holbeach

East of England

£475,000
Listed on 03/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1356 sqft

Description

This three-bedroom detached bungalow offers a unique opportunity for those looking to invest in a rural property with significant potential for enhancement. Spanning just under three acres, the land provides a serene backdrop of open countryside and impressive views. The existing structure is spacious and includes key features such as a conservatory and an integral garage, making it comfortable for immediate living while allowing for renovations to elevate its value. Notably, the property comes with an outbuilding—a traditional barn that previously had planning permission to be converted into a two-bedroom dwelling. Although this permission has lapsed, reapplication for consent is underway, which could pave the way for additional living space or rental income. This aspect makes the property appealing not only for personal use but also as a viable investment opportunity. With ample acreage around the home, residents will enjoy privacy and tranquility without sacrificing convenience. For buyers seeking to create their dream rural residence or capitalize on investment potential, this bungalow presents an exceptional foundation for development and enhancement.

Investment Analysis

(PE12 area)

Above Market Value

This property is priced +52.7% above area average per sq ft

+52.7%
This Property
£350/sq ft
Area Average
£229/sq ft
Avg Rent (weekly)
£189
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£342,248
10% above area average per sq ft
Potential ROI
-36.0%
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

Damgate Road, Holbeach
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,740
Based on a loan of £356,250 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE