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St. Polycarps Drive, Holbeach Drove, Spalding

East of England

£180,000
Listed on 22/04/2026

Property Details

Bedrooms
2
Type
Bungalow

Description

This two-bedroom detached bungalow presents a promising renovation opportunity in the tranquil village of Holbeach Drove, near Spalding, Lincolnshire. The layout includes a single-storey arrangement featuring one reception area, a kitchen, two bedrooms, and a bathroom, all of which can be reconfigured to meet modern living standards. While the property is in need of refurbishment, it is equipped with notable features such as solar panels, an air source heat pump, and EV charging capabilities—elements that not only enhance energy efficiency but also lay the groundwork for a future-proof home. A single garage adds valuable storage space or parking options. Situated in a scenic rural environment surrounded by farmland and green spaces, this location will appeal to those seeking peace while being conveniently close to essential amenities found in nearby Holbeach and Spalding. Residents will benefit from access to local shops, supermarkets, healthcare services, and public transport links including regular train services to Peterborough and onward connections to London King’s Cross. This bungalow represents an appealing investment for those looking to undertake a renovation project that merges rural charm with modern upgrades, ensuring comfortable living within reach of local conveniences.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

St. Polycarps Drive, Holbeach Drove, 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
£638
Based on a loan of £135,000 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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