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North Road, Gedney Hill, Spalding

East of England

£590,000

Listed on 01/07/2026

Property details

Bedrooms
3
Type
Detached
Area
5931 sqft

Description

This distinctive detached residence is located in the serene village of Gedney Hill, known for its reputable primary school and tranquil atmosphere. Set on a generous plot, the property features multiple workshops and outbuildings, all of which come with granted planning permissions for conversion into additional living spaces or business opportunities. This opens up a variety of potential uses, such as holiday lets, home offices, or annexes, thereby enhancing its appeal to investors and those looking to expand their living arrangements. The home itself comprises three well-sized bedrooms along with functional living areas including a lounge with an exposed brick fireplace and a conservatory that overlooks the expansive garden. The kitchen is equipped with modern units and offers ample space for family meals. With uninterrupted views of the surrounding countryside and a wealth of outdoor space, this property not only provides comfortable living but also presents significant renovation potential. The existing outbuildings can serve both practical and investment purposes, making this property an intriguing option for those drawn to rural life paired with development possibilities.

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Investment analysis

(PE12 area)

Below Market Value

This property is priced -56.3% below area average per sq ft

-56.3%
Potential saving
This Property
£99/sq ft
Area Average
£228/sq ft
Avg Rent (weekly)
£204
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £90,000
Target Value
£1,485,211
10% above area average per sq ft
Potential ROI
+118.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PE12)

Area prices are stable by -1.1% over the last 12 months
3 year growth: -3.7%
5 year growth: +9.9%
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

North Road, Gedney Hill, 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
£2,229
Based on a loan of £442,500 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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