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Halmergate, Spalding

East of England

£325,000

Listed on 09/06/2026

Property Details

Bedrooms
3
Type
Detached

Description

This individual detached property is situated in a sought-after location near the centre of Spalding, presenting a compelling opportunity for renovation enthusiasts or investors. The house features partial gas central heating with an outdated boiler and night storage heaters, along with UPVC windows throughout. Inside, the layout includes a reception hall, spacious sitting room leading to a conservatory/garden room, a dining room, and a practical kitchen with walk-in pantry and utility space. The first floor hosts three bedrooms and a bathroom, all of which could benefit from modernisation to enhance comfort and style. The generous corner plot offers potential for landscaping and outdoor improvements, including the established gardens and paved patio area. An integral garage provides valuable parking options or potential conversion possibilities. With no onward chain, this property is ripe for transformation into a modern family home or rental investment by updating the existing facilities to meet contemporary standards.

Investment Analysis

(PE11 area)
Area Average
£216/sq ft
Avg Rent (weekly)
£205
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
54
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (PE11)

Area prices are falling by -8.7% over the last 12 months
3 year growth: -7.9%
5 year growth: +6.1%
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

Halmergate, Spalding
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,228
Based on a loan of £243,750 over 30 years at 4.45% 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.

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