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South Parade, Boston, PE21

East of England

£169,950

Listed on 19/03/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
966 sqft

Description

This detached bungalow, positioned on a corner plot, presents a valuable investment opportunity with no onward chain. It features an entrance hall, spacious lounge, and a kitchen that includes essential appliances but could benefit from modern updates. The layout comprises two double bedrooms and a bathroom equipped with basic amenities. A rear sunroom adds potential for expanding living space or converting into a versatile area. The property is equipped with UPVC double glazing and gas central heating for added comfort. Outside, the gardens surrounding the home offer both lawn areas and an enclosed rear garden with existing structures like a summerhouse and greenhouse, all providing scope for landscaping or further enhancement. The inclusion of a single garage provides additional functionality. This property is ideal for those looking to add value through renovation or personalisation.

Investment Analysis

(PE21 area)

Below Market Value

This property is priced -6.7% below area average per sq ft

-6.7%
Potential saving
This Property
£176/sq ft
Area Average
£189/sq ft
Avg Rent (weekly)
£180
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£200,353
10% above area average per sq ft
Potential ROI
-2.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PE21)

Area prices are falling by -5.1% over the last 12 months
3 year growth: +1.6%
5 year growth: +12.0%
Investment Disclaimer: Analysis based on PE21 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

South Parade, Boston, PE21
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£606
Based on a loan of £127,462 over 30 years at 3.97% 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.

Stamp Duty Calculator

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