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Cross Street, Whaplode, Spalding, Lincolnshire, PE12 - Image 1
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Cross Street, Whaplode, Spalding, Lincolnshire, PE12 - Image 11

Cross Street, Whaplode, Spalding, Lincolnshire, PE12

East of England

£200,000
Listed on 05/03/2026

Property Details

Bedrooms
2
Type
Detached house
Area
890 sqft

Description

This detached bungalow presents a valuable opportunity for renovation enthusiasts looking to create their ideal living space. The property's spacious layout is complemented by an abundance of natural light, making it a versatile canvas for personalization. Externally, the home features a charming wraparound garden bordered by a classic timber picket fence, alongside a private driveway that leads to an attached garage with sufficient off-road parking. Upon entering through the arched front porch, you’re greeted by a bright hallway adorned with neutral floral wallpaper and sturdy flooring. This hallway not only connects all main rooms but also houses a large built-in storage cupboard, enhancing functionality. The lounge, located at the front of the property, offers generous dimensions and large windows that bathe the room in light, while coved ceilings impart unique character to the space. The expansive L-shaped kitchen/breakfast area boasts ample workspace and cabinetry with dual-aspect views and retro-tiled splashbacks, which could benefit from modernization or reconfiguration according to your design preferences. Adjacent to this is a sunroom that seamlessly blends indoor and outdoor spaces, providing an ideal spot for year-round enjoyment of garden views. In terms of bedrooms, the primary double room overlooks the rear garden while the second bedroom provides comfortable dimensions with views of the front garden. The shower room is designed for accessibility and features modern fixtures such as a walk-in shower and safety features. The rear garden prioritizes low maintenance with its extensive paved patio area, enclosed by timber fencing which guarantees privacy. With no upward chain present, this property serves as a quintessential 'blank canvas' ready for transformation.

Investment Analysis

(PE12 area)

Below Market Value

This property is priced -1.3% below area average per sq ft

-1.3%
Potential saving
This Property
£225/sq ft
Area Average
£228/sq ft
Avg Rent (weekly)
£193
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£222,820
10% above area average per sq ft
Potential ROI
-7.2%
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
36%
Properties sold annually

Local Market Trend (PE12)

Area prices are stable by -1.0% over the last 12 months
3 year growth: -4.7%
5 year growth: +16.1%
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

Cross Street, Whaplode, Spalding, Lincolnshire, PE12
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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
£721
Based on a loan of £150,000 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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