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Pilgrims Way, Spalding, Lincolnshire

East of England

£190,000

Listed on 18/05/2026

Property Details

Bedrooms
4
Type
Link Detached House

Description

This linked detached house presents a valuable opportunity for investors or those looking to create their dream home. Situated in a well-established area of Spalding, the property boasts four spacious bedrooms and two reception rooms, including a conservatory that overlooks the expansive rear garden. While the interior is in need of significant updating, its layout offers a solid foundation for renovation. The driveway provides ample off-road parking, complemented by a garage. The generous front and rear gardens hold potential for landscaping or outdoor living enhancements. Located conveniently close to local amenities, schools, and recreational areas, this property is ideal for those willing to invest time and resources into refurbishment.

Investment Analysis

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

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
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

Pilgrims Way, Spalding, Lincolnshire
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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
£678
Based on a loan of £142,500 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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