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Main Road, Deeping St. Nicholas, SPALDING

East of England

£120,000
Listed on 11/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
777 sqft

Description

This semi-detached home, located on the outskirts of the sought-after village of Deeping St. Nicholas, presents an opportunity for renovation and value enhancement. With three bedrooms and a family shower room upstairs, alongside a spacious lounge and breakfast kitchen on the ground floor, the layout is functional yet ripe for updates. Off-road parking for two vehicles and a generous rear garden add to its appeal, while brick-built stores provide additional utility. The property is sold with no chain, allowing for a straightforward acquisition process for investors or first-time buyers looking to create their ideal living space. Local amenities such as a primary school and farm shop are conveniently close, making it an attractive location for families or those seeking tranquility in a semi-rural setting.

Investment Analysis

(PE11 area)

Below Market Value

This property is priced -28.9% below area average per sq ft

-28.9%
Potential saving
This Property
£154/sq ft
Area Average
£217/sq ft
Avg Rent (weekly)
£202
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£185,555
10% above area average per sq ft
Potential ROI
+23.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (PE11)

Area prices are falling by -4.9% over the last 12 months
3 year growth: -4.0%
5 year growth: +12.5%
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

Main Road, Deeping St. Nicholas, 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
£433
Based on a loan of £90,000 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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