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Wignals Gate, Holbeach, Spalding

East of England

£280,000

Listed on 16/06/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1446 sqft

Description

This detached bungalow features three generous double bedrooms and offers significant potential for modernization, making it an appealing investment opportunity. Nestled in a desirable area on the outskirts of Holbeach, this property boasts spacious living areas, including a large lounge/diner and a spacious kitchen/diner ideal for family gatherings. The layout includes a utility room and a conservatory that enhances the living space. Notably, it also has an en-suite bathroom connected to the master bedroom along with a family bathroom. Outside, there is ample off-road parking accompanied by an integral garage and a fully enclosed rear garden that features established landscaping as well as additional structures like a summerhouse and greenhouse. This property is being sold with no onward chain, adding to its attractiveness for buyers looking for potential renovations to create their ideal home.

Investment Analysis

(PE12 area)

Below Market Value

This property is priced -15.5% below area average per sq ft

-15.5%
Potential saving
This Property
£194/sq ft
Area Average
£229/sq ft
Avg Rent (weekly)
£210
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£364,327
10% above area average per sq ft
Potential ROI
+19.5%
After renovation
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

Wignals Gate, Holbeach, 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
£1,058
Based on a loan of £210,000 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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