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Cranesgate South, Holbeach, Spalding, Lincolnshire, PE12 8RJ - Image 1
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Cranesgate South, Holbeach, Spalding, Lincolnshire, PE12 8RJ - Image 3
Cranesgate South, Holbeach, Spalding, Lincolnshire, PE12 8RJ - Image 4
Cranesgate South, Holbeach, Spalding, Lincolnshire, PE12 8RJ - Image 5
Cranesgate South, Holbeach, Spalding, Lincolnshire, PE12 8RJ - Image 6
Cranesgate South, Holbeach, Spalding, Lincolnshire, PE12 8RJ - Image 7
Cranesgate South, Holbeach, Spalding, Lincolnshire, PE12 8RJ - Image 8
Cranesgate South, Holbeach, Spalding, Lincolnshire, PE12 8RJ - Image 9
Cranesgate South, Holbeach, Spalding, Lincolnshire, PE12 8RJ - Image 10
Cranesgate South, Holbeach, Spalding, Lincolnshire, PE12 8RJ - Image 11
Cranesgate South, Holbeach, Spalding, Lincolnshire, PE12 8RJ - Image 12
Cranesgate South, Holbeach, Spalding, Lincolnshire, PE12 8RJ - Image 13

Cranesgate South, Holbeach, Spalding, Lincolnshire, PE12 8RJ

East of England

£180,000

Listed on 15/06/2026

Property Details

Bedrooms
3
Type
Detached Bungalow

Description

Presenting a unique opportunity to acquire a three-bedroom detached bungalow surrounded by approximately 1.5 acres (subject to survey) of picturesque land, with serene views overlooking the South Holland Drain. This property is ideal for cash buyers seeking a substantial renovation project or redevelopment potential, as it currently stands in significant disrepair and has been uninhabited for an extended period. The expansive plot boasts a mix of formal garden spaces, private paddock land, and woodland, alongside various outbuildings that are ripe for refurbishment or replacement. While the bungalow requires extensive work—including updates to the kitchen diner, family bathroom, and additional rooms such as a craft space—the location offers an unrivaled rural retreat with plenty of potential for transformation. Given its generous size and appealing setting, this property presents a rare chance for developers or seasoned investors to create a bespoke residence or pursue planning opportunities in an area where large plots are seldom available. The existing structure provides a versatile layout but will necessitate considerable investment to meet modern living standards.

Investment Analysis

(PE12 area)
Area Average
£229/sq ft
Avg Rent (weekly)
£210
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PE12)

Area prices are falling by -2.5% over the last 12 months
3 year growth: -5.3%
5 year growth: +12.1%
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

Cranesgate South, Holbeach, Spalding, Lincolnshire, PE12 8RJ
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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
£680
Based on a loan of £135,000 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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