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Riverway, Boston, PE21

East of England

£179,950

Listed on 15/06/2026

Property Details

Bedrooms
3
Type
Detached
Area
864 sqft

Description

This detached property presents an excellent opportunity for those looking to invest in a home with substantial renovation potential. Set within a generous plot featuring gardens at the front, side, and rear, this home includes a detached single garage and driveway for convenient off-road parking. Offered with no onward chain, this property invites buyers to envision its transformation into a modern family residence. Inside, the layout includes an entrance hall leading to a lounge with bay window, dining room accessing the rear garden, and a kitchen equipped with essential features but in need of updating. The first floor accommodates three bedrooms alongside a family bathroom that would benefit from refurbishment. Additional highlights include gas central heating and uPVC double glazing. An externally accessed WC could be reimagined as part of the main living space (subject to planning permission). This home is brimming with possibilities for creative enhancements and personalisation.

Investment Analysis

(PE21 area)

Above Market Value

This property is priced +10.8% above area average per sq ft

+10.8%
This Property
£208/sq ft
Area Average
£188/sq ft
Avg Rent (weekly)
£179
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£178,675
10% above area average per sq ft
Potential ROI
-18.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (PE21)

Area prices are falling by -6.2% over the last 12 months
3 year growth: +0.5%
5 year growth: +8.8%
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

Riverway, Boston, PE21
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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 £134,962 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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