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Towngate East, Market Deeping, PE6 8DP

East of England

£300,000
Listed on 15/02/2026

Property Details

Bedrooms
2
Type
Semi-detached house

Description

Nestled in a tranquil and established neighborhood of Market Deeping, this two-bedroom semi-detached bungalow presents an excellent opportunity for those looking to invest in a property with great potential. The home is set on a spacious plot and is being sold with no onward chain, streamlining the buying process for prospective owners. Inside, the layout offers a generous lounge, an independent dining room, and a conservatory that bathes in natural light and overlooks the expansive garden – ideal for enjoying leisurely mornings or family gatherings. The kitchen, while functional, is in need of modernization, providing buyers with the chance to infuse their personal style into the space. Additionally, there are two well-proportioned bedrooms and a family bathroom waiting for your touch. Outside, the real value of this property becomes apparent. A large rear garden awaits your creativity for entertaining or gardening pursuits and may even allow for further development pending necessary permissions. Complementing this is a substantial triple garage along with additional outbuildings and ample parking space, enhancing the property's overall practicality. The location boasts proximity to Market Deeping's town center with its charming mix of local shops, cozy cafes, pubs, and essential amenities. Nearby recreational options include picturesque riverside walks along the River Welland as well as nearby green spaces that encourage outdoor activities. Families will appreciate access to reputable schools in the vicinity, while commuters benefit from strong transport links to Peterborough and direct train services to London King’s Cross in under an hour. With its blend of internal potential and external space in one of Lincolnshire's sought-after towns, this bungalow is poised for transformation into a personalized sanctuary or lucrative investment.

Investment Analysis

(PE6 area)
Area Average
£278/sq ft
Avg Rent (weekly)
£256
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (PE6)

Area prices are falling by -3.5% over the last 12 months
3 year growth: +1.7%
5 year growth: +16.3%
Investment Disclaimer: Analysis based on PE6 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

Towngate East, Market Deeping, PE6 8DP
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,082
Based on a loan of £225,000 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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