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Alexandra Road, Spalding

East of England

£175,000

Listed on 10/10/2026

The listing

Property details

Bedrooms
3
Type
Semi Detached
Area
1152 sqft

Description

Located in a sought-after area of Spalding, this spacious three-bedroom semi-detached house presents an excellent opportunity for those looking to create their ideal home. The property is being sold with no onward chain, making it an attractive option for buyers ready to move quickly. The ground floor boasts a generous kitchen diner at the rear, complemented by two well-proportioned reception rooms that offer flexible living space. Upstairs, you'll find three good-sized double bedrooms, perfect for families or those needing extra space. Outside, the property features ample off-road parking at the front and side access, with potential for further development. The sizeable rear garden is a notable highlight, providing an inviting outdoor space. While some light refreshing is required, this property offers a fantastic blank canvas for buyers eager to add their personal touch.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

73out of 100
Grade BGood opportunity

Confidence: MEDIUM

This spacious three-bedroom semi-detached house in Spalding represents an excellent opportunity for buyers looking to invest in a property with potential. Priced at £175,000, this asking figure is significantly below the local average of £215/sqf, making it an attractive prospect for those aiming to acquire a home at a bargain price. The generous layout offers flexibility, with two reception rooms and a kitchen diner that allows for creative renovation ideas.

While the interior is dated, with general wear and tear observed throughout, the property serves as a blank canvas for those ready to refresh and personalize the space. The good-sized rear garden enhances the appeal, providing ample outdoor space for leisure or gardening. With a renovation budget estimated between £40,000 and £60,000, there is substantial scope to enhance both the functionality and aesthetic appeal of this home, ultimately adding value in a well-located area.

Key opportunities

  • Spacious layout that can be reconfigured to suit modern tastes
  • Good-sized rear garden for outdoor activities and potential landscaping
  • Low purchase price provides room for significant value addition through renovations

Key risks

  • General wear and tear observed throughout, requiring cosmetic updates
  • Potential damp issues may need addressing as part of the renovation process

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Map

Location

Alexandra Road, Spalding
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£661
Based on a loan of £131,250 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.

Tax

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Indicative tax based on the asking price and the options you select.

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