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Knight Street, Pinchbeck, Spalding - Image 1
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Knight Street, Pinchbeck, Spalding

East of England

£235,000Guide Price

Listed on 09/07/2026

Property details

Bedrooms
5
Type
Detached

Description

This spacious detached property, featuring four to five bedrooms, is primed for renovation and cosmetic updates, presenting a unique investment opportunity. The layout includes three reception rooms and a kitchen connected to a former bakery, complete with original ovens that hint at its commercial potential. Additionally, there is an annexe area comprising a bedroom, two reception rooms, and a WC, which could easily be converted into a shower room. On the first floor, you will find four generously sized bedrooms, including an en-suite for the master and a family bathroom. The exterior boasts an enclosed low-maintenance garden and an industrial freezer linked to the bakery operation. Given the extensive work needed throughout, this property allows for personalization and development to create substantial value.

Investment analysis

(PE11 area)
Area Average
£215/sq ft
Avg Rent (weekly)
£201
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
52
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PE11)

Area prices are falling by -5.3% over the last 12 months
3 year growth: -7.3%
5 year growth: +5.8%
Investment Disclaimer: Analysis based on PE11 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

Knight Street, Pinchbeck, 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
£888
Based on a loan of £176,250 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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