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Cranesgate South, Holbeach St Johns

East of England

£180,000

Listed on 27/04/2026

Property details

Bedrooms
3
Type
Bungalow

Description

Situated within approximately 1.5 acres (STS), this three-bedroom detached bungalow presents a unique opportunity for those interested in a substantial renovation or redevelopment project. Overlooking the picturesque South Holland Drain, the property is in need of extensive refurbishment and has been vacant for some time, making it available strictly to cash buyers seeking a blank slate for their vision. The expansive grounds offer an array of possibilities with a private paddock, wooded area, and several outbuildings that require attention but could be transformed into valuable assets depending on your plans. The existing structure includes a lounge, kitchen diner, family bathroom, craft room, and an unmeasured lean-to conservatory that invites creative reimagining. This site is ideal for investors or developers looking to capitalize on the potential of land in this region, where such large plots are rarely found. While the current condition of the dwelling makes it unsuitable for mortgage lending, the location and scale provide an exciting prospect for creating something truly exceptional in a tranquil setting with rural charm.

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Investment analysis

(PE12 area)
Area Average
£229/sq ft
Avg Rent (weekly)
£210
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
42
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PE12)

Area prices are falling by -2.5% over the last 12 months
3 year growth: -5.3%
5 year growth: +12.1%
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 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£680
Based on a loan of £135,000 over 30 years at 4.45% 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

Price History

-10.0% since listed
£180,000£20,000(-10.0%)
14/06/2026
Current price
£200,000Initial listing
29/04/2026

Next Steps

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