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Six House Bank, West Pinchbeck, Spalding, PE11 - Image 1
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Six House Bank, West Pinchbeck, Spalding, PE11

East of England

£75,000
Listed on 11/01/2026

Property Details

Bedrooms
3
Type
Detached house

Description

This building plot presents a compelling opportunity for those looking to invest in property development. With outline planning permission already secured from South Holland District Council, there is potential to construct a three-bedroom detached home tailored to your specifications. Nestled on Six House Bank, the site boasts unobstructed views of the surrounding countryside, merging rural charm with convenient access to nearby amenities. The proposed layout includes a master bedroom with an en-suite bathroom, two additional bedrooms, a family bathroom, and an open-plan lounge and kitchen/diner, complemented by a downstairs cloakroom. Off-road parking is planned for both the front and side of the property. This is an ideal project for self-build enthusiasts or developers eager to create a modern family residence in this attractive locale (subject to reserved matters).

Investment Analysis

(PE11 area)
Area Average
£218/sq ft
Avg Rent (weekly)
£203
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
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
33%
Properties sold annually

Local Market Trend (PE11)

Area prices are falling by -4.9% over the last 12 months
3 year growth: -3.9%
5 year growth: +12.6%
Investment Disclaimer: Analysis based on PE11 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

Six House Bank, West Pinchbeck, Spalding, PE11
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£270
Based on a loan of £56,250 over 30 years at 4.06% 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.

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