Worst House on the Street Logo
Redthorne Close, Spalding - Image 1
Redthorne Close, Spalding - Image 2
Redthorne Close, Spalding - Image 3
Redthorne Close, Spalding - Image 4
Redthorne Close, Spalding - Image 5
Redthorne Close, Spalding - Image 6
Redthorne Close, Spalding - Image 7
Redthorne Close, Spalding - Image 8
Redthorne Close, Spalding - Image 9
Redthorne Close, Spalding - Image 10

Redthorne Close, Spalding

East of England

£159,995
Listed on 29/04/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
1093 sqft

Description

This property presents a promising opportunity for refurbishment and modernisation, featuring a compact yet functional layout that could be transformed into a contemporary home. Upon entry, you're welcomed by an entrance hallway with handy understairs storage. The lounge, complete with a traditional tiled fireplace, offers potential for stylish renovations while the former kitchen-turned-reception room opens up various design possibilities. The dining area, with its original features, boasts a cozy ambiance that may be revitalised for a more modern aesthetic. Upstairs, two bedrooms provide ample space for enhancement; both rooms include built-in storage options and natural light from UPVC double glazed windows. The existing shower room requires updates but has the foundation for a fresh redesign. Additionally, the property's exterior includes off-road parking and a garden that invites landscaping creativity. This home is not just about living space; it holds significant investment potential in an appealing East of England location alongside convenient amenities and transport links to larger towns. With necessary updates throughout, this residence is ideal for those looking to add value through thoughtful renovation.

Investment Analysis

(PE11 area)

Below Market Value

This property is priced -32.2% below area average per sq ft

-32.2%
Potential saving
This Property
£146/sq ft
Area Average
£216/sq ft
Avg Rent (weekly)
£207
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£259,516
10% above area average per sq ft
Potential ROI
+29.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
59
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (PE11)

Area prices are falling by -8.1% over the last 12 months
3 year growth: -5.8%
5 year growth: +7.2%
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

Redthorne Close, Spalding
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£571
Based on a loan of £119,996 over 30 years at 3.97% 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.