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Woolram Wygate, Spalding

East of England

£235,000

Listed on 12/06/2026

Property Details

Bedrooms
3
Type
Detached
Area
1117 sqft

Description

This property, available for the first time since 1966, offers a substantial opportunity for investors or those looking to create their dream home. Situated in the desirable Woolram Wygate area of Spalding, this residence requires comprehensive modernization but boasts a spacious layout with two reception rooms and three bedrooms. Upon entering, you're welcomed into an entrance hall that leads to a comfortable lounge and a separate dining room, ideal for hosting gatherings. The kitchen features a pantry and ample storage options but awaits your creative vision to bring it up to date. A rear entrance and cloakroom enhance practicality for everyday living. The upper floor contains three inviting bedrooms that provide tranquil resting spaces alongside a bathroom suite primed for personal customization. The expansive rear garden is perfect for family outings or relaxation, and the property includes off-road parking with potential expansion possibilities for additional vehicle space. A single garage with remote access adds further convenience. Located in a quiet area yet close to essential amenities including schools, shops, and transport links, this property is positioned within reach of Spalding's vibrant town center and its stunning natural surroundings, making it an excellent choice for families seeking both peace and accessibility.

Investment Analysis

(PE11 area)

Below Market Value

This property is priced -2.6% below area average per sq ft

-2.6%
Potential saving
This Property
£210/sq ft
Area Average
£216/sq ft
Avg Rent (weekly)
£205
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£265,399
10% above area average per sq ft
Potential ROI
-10.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Woolram Wygate, 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
£888
Based on a loan of £176,250 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.

Stamp Duty Calculator

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