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West Drove South, Gedney Hill, Spalding

East of England

£130,000
Listed on 09/04/2026

Property Details

Bedrooms
3
Type
Detached Bungalow

Description

This three-bedroom detached bungalow presents a blank canvas for those looking for a significant renovation project. Offered with no onward chain, the property features a spacious living room, three generous bedrooms, and a conservatory that invites natural light and offers potential for expansion or redesign to meet modern living standards. The current layout can be reimagined to create an open-plan living space, catering to contemporary homebuyer preferences. The bathroom and kitchen areas require complete updating, providing an opportunity for buyers to inject their style and functionality into the design. Equipped with oil-fired central heating and a septic tank, this bungalow stands as an ideal investment for either personal residence or rental purposes in a desirable location. Emphasizing full modernization throughout, it is perfect for savvy developers or first-time buyers eager to craft their ideal home from the ground up.

Investment Analysis

(PE12 area)
Area Average
£228/sq ft
Avg Rent (weekly)
£206
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £75,000
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
7%
Properties sold annually

Local Market Trend (PE12)

Area prices are falling by -3.2% over the last 12 months
3 year growth: -7.1%
5 year growth: +12.6%
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

West Drove South, Gedney Hill, Spalding
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£460
Based on a loan of £97,500 over 30 years at 3.91% 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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