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Old Main Road, Old Leake, Boston PE22 9HR - Image 1
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Old Main Road, Old Leake, Boston PE22 9HR - Image 3
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Old Main Road, Old Leake, Boston PE22 9HR - Image 8
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Old Main Road, Old Leake, Boston PE22 9HR

East of England

£299,950
Listed on 27/02/2026

Property Details

Bedrooms
4
Type
Detached house
Area
3165 sqft

Description

Presenting a significant opportunity, this expansive period residence in the welcoming village of Old Leake has been in the same family since the 1950s and is now available for the first time in decades. This property boasts a characterful history, featuring original architectural details such as elegant staircases, traditional windows, and period wallpapers that echo its rich past. With its adjoining coach house and workshop, there is ample space to envision new possibilities. Set on a mature plot nearing an acre, this home offers generous grounds that enhance its renovation potential. While currently in need of extensive refurbishment, it presents an exciting canvas for those looking to restore and modernize a remarkable family home in a desirable village location. The property is being offered with no onward chain, making it particularly attractive to cash buyers. Old Leake provides various local amenities suitable for families, including primary and secondary schools, a community centre, medical facilities, and several shops. Good transport links enhance accessibility to nearby towns such as Boston and coastal resorts like Skegness. This property requires complete revitalisation but stands as an exceptional chance for those ready to invest in a truly unique residence.

Investment Analysis

(PE22 area)

Below Market Value

This property is priced -56.9% below area average per sq ft

-56.9%
Potential saving
This Property
£95/sq ft
Area Average
£220/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£766,104
10% above area average per sq ft
Potential ROI
+82.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (PE22)

Area prices are rising by +9.6% over the last 12 months
3 year growth: -1.8%
5 year growth: +18.5%
Investment Disclaimer: Analysis based on PE22 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

Old Main Road, Old Leake, Boston PE22 9HR
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,082
Based on a loan of £224,962 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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