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King Street, West Deeping, PE6

East of England

£330,000

Listed on 19/05/2026

Property Details

Bedrooms
3
Type
Detached
Area
1130 sqft

Description

This characterful property, once a village school, is located next to the Village hall in West Deeping. Known as "The Parsonage," the attractive red brick structure occupies a generous plot with significant potential for extension, pending necessary permissions. While the interior would benefit from modern updates, it already features a replaced roof, gas central heating, and PVCu double glazing—important upgrades that lay a solid foundation for further enhancements. The spacious layout includes multiple reception rooms and three bedrooms, offering plenty of scope for reconfiguration to suit contemporary living needs. Outside, the property is enveloped by mature hedging, providing privacy and an inviting garden space with room for landscaping or additional structures. This property represents an excellent opportunity for investors or renovators looking to create a distinctive home in a desirable location.

Investment Analysis

(PE6 area)

Above Market Value

This property is priced +6.0% above area average per sq ft

+6.0%
This Property
£292/sq ft
Area Average
£275/sq ft
Avg Rent (weekly)
£231
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£342,384
10% above area average per sq ft
Potential ROI
-9.9%
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
8%
Properties sold annually

Local Market Trend (PE6)

Area prices are stable by +0.5% over the last 12 months
3 year growth: +3.0%
5 year growth: +13.8%
Investment Disclaimer: Analysis based on PE6 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

King Street, West Deeping, PE6
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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
£1,247
Based on a loan of £247,500 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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