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Vicarage Close, Spalding

East of England

£300,000

Listed on 26/06/2026

Property details

Bedrooms
3
Type
Detached Bungalow
Area
1238 sqft

Description

This well-maintained bungalow offers significant potential for enhancement and personalization. Originally renovated six years ago, the property has seen thoughtful improvements from the current owners, including a practical utility area and an additional WC, alongside a fully equipped detached summer house that could serve various purposes such as an office or entertainment space. The flexible interior comprises a spacious lounge, large fitted kitchen, and three comfortable double bedrooms—one currently used as a dining room—illustrating the adaptable nature of the layout suitable for diverse lifestyles. The exterior impresses with ample off-road parking and space for larger vehicles, complemented by a garage and attractive gardens. The substantial loft area with its high-pitched roof presents an exciting opportunity for further development into additional living space, pending necessary permissions. Set in a peaceful village, yet within reach of local amenities in Holbeach and Spalding, this property is offered with no onward chain, making it a compelling prospect for investment or renovation enthusiasts looking to add value.

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Investment analysis

(PE12 area)

Above Market Value

This property is priced +5.8% above area average per sq ft

+5.8%
This Property
£242/sq ft
Area Average
£229/sq ft
Avg Rent (weekly)
£210
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£311,920
10% above area average per sq ft
Potential ROI
-8.3%
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

Vicarage Close, 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
£1,133
Based on a loan of £225,000 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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