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3 Meridian Road, Boston PE21 0NB

East of England

£50,000Guide Price

Listed on 03/07/2026

Property details

Bedrooms
3
Type
Semi Detached

Description

This semi-detached family home, located in the desirable area of Southern Lincolnshire, presents an excellent opportunity for investors and homeowners alike. While the property is generally in fair condition, it does require updating and renovation to reach its full potential. With a well-thought-out layout featuring three bedrooms, a lounge/dining area, and a utility room, it offers ample space for modern living. The house boasts front and rear gardens that can be transformed into appealing outdoor spaces. Given the area's strong rental demand, there is significant potential to increase rental yields with some thoughtful enhancements. Projected rents in the vicinity suggest a yield of approximately £950 per month, translating to an annual income of around £11,400. As such, this property not only holds promise as a family residence but also as a valuable investment opportunity.

Investment analysis

(PE21 area)
Area Average
£188/sq ft
Avg Rent (weekly)
£176
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PE21)

Area prices are falling by -6.8% over the last 12 months
3 year growth: -1.0%
5 year growth: +7.3%
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

3 Meridian Road, Boston PE21 0NB
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Mortgage calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£189
Based on a loan of £37,500 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

Price History

+150.0% since listed
£50,000+£30,000(+150.0%)
21/07/2026
Current price
£20,000Initial listing
03/07/2026

Next Steps

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