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12 St. Polycarps Drive, Holbeach Drove, Spalding, Lincolnshire PE12 0SF - Image 1
12 St. Polycarps Drive, Holbeach Drove, Spalding, Lincolnshire PE12 0SF - Image 2
12 St. Polycarps Drive, Holbeach Drove, Spalding, Lincolnshire PE12 0SF - Image 3
12 St. Polycarps Drive, Holbeach Drove, Spalding, Lincolnshire PE12 0SF - Image 4
12 St. Polycarps Drive, Holbeach Drove, Spalding, Lincolnshire PE12 0SF - Image 5
12 St. Polycarps Drive, Holbeach Drove, Spalding, Lincolnshire PE12 0SF - Image 6
12 St. Polycarps Drive, Holbeach Drove, Spalding, Lincolnshire PE12 0SF - Image 7

12 St. Polycarps Drive, Holbeach Drove, Spalding, Lincolnshire PE12 0SF

East of England

£170,000

Listed on 26/05/2026

Property Details

Bedrooms
2
Type
Detached Bungalow

Description

This detached bungalow, located in Holbeach Drove near Spalding, presents a compelling opportunity for those with a vision for renovation. The property features spacious interiors, including a bright main reception room that benefits from large windows, making it an inviting area for relaxation and social gatherings. The separate kitchen offers significant potential for redesign, enabling buyers to create a culinary space tailored to modern preferences. With two sizeable double bedrooms and a family bathroom, the layout is functional but would greatly benefit from an update to meet contemporary standards. The overall condition suggests a medium refurbishment level is necessary, allowing purchasers to infuse their own style and functionality into the home. Externally, the property boasts off-road parking and enclosed garden areas, presenting further opportunities for landscaping or outdoor enhancements that could augment its appeal. This bungalow serves as an excellent foundation for buyers looking to invest in a property with considerable upside through thoughtful renovation.

Investment Analysis

(PE12 area)
Area Average
£229/sq ft
Avg Rent (weekly)
£202
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PE12)

Area prices are falling by -4.3% over the last 12 months
3 year growth: -7.0%
5 year growth: +10.7%
Investment Disclaimer: Analysis based on PE12 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

12 St. Polycarps Drive, Holbeach Drove, Spalding, Lincolnshire PE12 0SF
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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
£607
Based on a loan of £127,500 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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