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Cranesgate South, Holbeach St Johns

East of England

£200,000
Listed on 27/04/2026

Property Details

Bedrooms
3
Type
Bungalow

Description

Nestled within a substantial 1.5 acres of land, this three-bedroom detached bungalow presents an extraordinary opportunity for buyers with vision. Overlooking the scenic South Holland Drain, the property is currently in a state of disrepair and has remained unoccupied for some time, making it ideal for cash buyers seeking a project that allows for complete customization from the ground up. The expansive plot includes not only the bungalow but also potential-filled outbuildings, a private paddock, and a wooded area — all of which are presently overgrown yet brimming with future possibilities. This can be transformed into a significant estate offering both privacy and rural charm. Internally, the layout features essential living spaces such as a kitchen diner, family bathroom, and lounge areas that could be revitalized or reconfigured to meet contemporary standards. The current condition of the property necessitates extensive renovations throughout, which opens doors to innovative design solutions. This location rarely offers such sizable land with this kind of potential; developers or seasoned investors who understand the importance of planning and redevelopment will find this setting hard to replicate. With proper investment and imagination, this site could evolve into a remarkable residence or functional space that optimizes its natural environment.

Investment Analysis

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

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
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

Cranesgate South, Holbeach St Johns
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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
£708
Based on a loan of £150,000 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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