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Main Street, Mareham-le-Fen, Boston, PE22

East of England

£129,950
Listed on 13/05/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
888 sqft

Description

This semi-detached cottage, located in the charming village of Mareham-Le-Fen, presents a promising opportunity for refurbishment enthusiasts. The property features a sitting room and a separate lounge that leads to a conservatory, providing ample living space. The kitchen, while functional, could benefit from modern upgrades. A convenient wet room on the ground floor adds to its practicality. Upstairs, the layout offers two bedrooms, with access to the second bedroom through the first—a unique aspect that could be optimized. The exterior includes a lovely south-easterly facing garden with potential for landscaping improvements and outdoor enjoyment. With character details throughout and scope for modernization, this cottage is ripe for transformation into a desirable residence or investment property.

Investment Analysis

(PE22 area)

Below Market Value

This property is priced -32.7% below area average per sq ft

-32.7%
Potential saving
This Property
£146/sq ft
Area Average
£217/sq ft
Avg Rent (weekly)
£231
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£12,000 - £25,000
Target Value
£212,259
10% above area average per sq ft
Potential ROI
+37.0%
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 Street, Mareham-le-Fen, Boston, PE22
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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
£464
Based on a loan of £97,462 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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