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3 Meridian Road, Boston PE21 0NB

East of England

£35,000

Listed on 23/05/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This semi-detached family home located in the desirable area of Southern Lincolnshire presents a solid investment opportunity for buyers looking to enhance its value. While the property is generally in fair condition, it requires modernisation to truly realise its potential and meet current standards, offering ample scope for improvement. With an attractive layout featuring three bedrooms, a lounge/dining area, and practical amenities such as a utility room and two WCs, this residence caters well to family living. The location is ideal, being within easy reach of local amenities and transport links to nearby towns like Boston and Skegness. The high rental demand in this region suggests a strong yield potential, with projected rents around £950 per month (approximately £11,400 annually). The front and rear gardens further add to the appeal of this property, making it an excellent project for those looking to invest in renovation.

Investment Analysis

(PE21 area)
Area Average
£189/sq ft
Avg Rent (weekly)
£180
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PE21)

Area prices are falling by -5.1% over the last 12 months
3 year growth: +1.6%
5 year growth: +12.0%
Investment Disclaimer: Analysis based on PE21 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

3 Meridian Road, Boston PE21 0NB
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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
£125
Based on a loan of £26,250 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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