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Damgate Road, Holbeach

East of England

£475,000
Listed on 28/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1356 sqft

Description

This three-bedroom detached bungalow presents a unique opportunity for buyers looking to invest in a spacious property set within nearly three acres of picturesque countryside. The accommodation is generously proportioned, featuring a conservatory and an integral garage, making it a comfortable residence while also offering considerable scope for enhancement. The rear of the property houses a traditional barn, which previously had planning permission for conversion into a two-bedroom dwelling. Although this permission has lapsed, a new application has been submitted and is expected to receive approval, providing potential for additional living space or rental income. Surrounded by open fields, the property guarantees privacy and spectacular views in every direction. This offering is perfect for those interested in rural living with the added advantage of significant development potential.

Investment Analysis

(PE12 area)

Above Market Value

This property is priced +53.1% above area average per sq ft

+53.1%
This Property
£350/sq ft
Area Average
£229/sq ft
Avg Rent (weekly)
£193
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£341,278
10% above area average per sq ft
Potential ROI
-35.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (PE12)

Area prices are stable by +0.1% over the last 12 months
3 year growth: -3.5%
5 year growth: +19.7%
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
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,713
Based on a loan of £356,250 over 30 years at 4.06% 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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