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Main Road, Sibsey, Boston

East of England

£240,000
Listed on 06/05/2026

Property Details

Bedrooms
3
Type
Detached
Area
1552 sqft

Description

This three-bedroom detached residence in the village of Sibsey presents a substantial opportunity for renovation and investment. While the property features spacious living areas and versatile accommodation, it requires modernization throughout, making it an appealing project for those looking to enhance its value. The ground floor offers generous reception spaces flooded with natural light, ripe for reconfiguration to meet contemporary standards. The kitchen, although functional, could benefit from a full upgrade to maximize its potential as a social hub. Upstairs, the sleeping quarters include three well-sized bedrooms alongside family bathroom facilities that await refurbishment. A notable asset is the collection of outbuildings that can serve various purposes—from storage to workshop space—or be converted (subject to necessary permissions) for greater utility. Externally, there is a private garden that holds promise for landscaping into an inviting outdoor area. Ample off-road parking adds convenience and privacy with dual front gates enhancing security. Situated in a desirable village location close to local amenities and just a short drive from Boston’s town center, this property is ideal for buyers ready to undertake a project that combines comfort with potential profitability.

Investment Analysis

(PE22 area)

Below Market Value

This property is priced -28.8% below area average per sq ft

-28.8%
Potential saving
This Property
£155/sq ft
Area Average
£217/sq ft
Avg Rent (weekly)
£231
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£370,975
10% above area average per sq ft
Potential ROI
+30.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (PE22)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -6.1%
5 year growth: +10.6%
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

Main Road, Sibsey, Boston
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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
£856
Based on a loan of £180,000 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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