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15 Oakley Drive, Spalding, PE11 2BN

East of England

£75,000
Listed on 01/05/2026

Property Details

Bedrooms
3
Type
Detached

Description

This detached three-bedroom home in Spalding presents a noteworthy opportunity for those looking to invest in a property with considerable renovation potential. The layout features a central hallway leading into a spacious lounge that seamlessly connects to the dining area, enhancing the flow of the living space. From the dining room, you can access the kitchen, which opens up to a garden room or conservatory, providing additional light-filled living space overlooking the rear garden. Conveniently, there is also a downstairs WC and internal access to the garage on the ground floor. Upstairs, you will find three generous bedrooms arranged around a central landing alongside a family bathroom. Although the home is in need of cosmetic updates and refurbishment throughout, it offers an excellent canvas for buyers wishing to modernise according to their personal taste and potentially increase its value. Externally, this property boasts a private rear garden, off-street parking via the driveway, and an integral garage. Furthermore, there is additional scope for reconfiguration or extension (pending necessary consents), making it an attractive option for families needing more space. Located in a well-established residential area of Spalding, this home offers easy access to local schools, amenities, and transport links. The town centre hosts various shops, supermarkets, cafés, and leisure facilities while nearby road connections enable convenient travel to surrounding areas.

Investment Analysis

(PE11 area)
Area Average
£216/sq ft
Avg Rent (weekly)
£207
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

15 Oakley Drive, Spalding, PE11 2BN
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£268
Based on a loan of £56,250 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

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