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Chiltern Drive, Spalding

East of England

£275,000
Listed on 11/03/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1198 sqft

Description

Situated within walking distance of the town centre, this traditional Allison-style home presents a valuable opportunity for those looking to invest in a property with significant renovation potential. Nestled in the desirable Ladywood Estate, it enjoys convenient access to local amenities and the vibrant town life. Maintaining its classic layout, this residence allows for creative freedom to tailor the space according to personal preferences. The property features three bedrooms, a lounge with a feature fireplace, a separate dining area, and a kitchen equipped with various units and appliances. Additionally, there is ample outdoor space including an enclosed rear garden and parking options with a garage. This home is ideal for buyers eager to infuse modern updates while preserving its character.

Investment Analysis

(PE11 area)

Above Market Value

This property is priced +5.7% above area average per sq ft

+5.7%
This Property
£230/sq ft
Area Average
£217/sq ft
Avg Rent (weekly)
£202
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£286,094
10% above area average per sq ft
Potential ROI
-9.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Chiltern Drive, 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
£992
Based on a loan of £206,250 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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