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Chestnut Avenue, Spalding

East of England

£165,000
Listed on 13/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1018 sqft

Description

This property on Chestnut Avenue presents a significant renovation opportunity for those looking to invest in a family home with great potential. While modernisation is required, the traditional layout accommodates spacious rooms throughout, including three well-sized bedrooms and ample living areas that can be transformed to suit contemporary tastes. The good-sized garden at the rear offers further possibilities for enhancement or outdoor enjoyment, making it an appealing space for family activities or gardening enthusiasts. With no onward chain, this property allows buyers to apply their vision and add personal value, making early viewing advisable.

Investment Analysis

(PE11 area)

Below Market Value

This property is priced -25.7% below area average per sq ft

-25.7%
Potential saving
This Property
£162/sq ft
Area Average
£218/sq ft
Avg Rent (weekly)
£203
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£244,228
10% above area average per sq ft
Potential ROI
+19.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (PE11)

Area prices are falling by -4.9% over the last 12 months
3 year growth: -3.9%
5 year growth: +12.6%
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

Chestnut Avenue, Spalding
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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
£595
Based on a loan of £123,750 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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