Roman Bank, Spalding
East of England
£280,000
Listed on 20/10/2026
Listed on 20/10/2026
The listing
Property details
Bedrooms
3Type
DetachedArea
1270 sqftFeatures
- Garage
- Garden
- Parking
Description
This three-bedroom detached house is set in a countryside position with open fields beyond its large rear garden. The accommodation includes a kitchen with dining area, a long lounge/diner and a conservatory, along with three bedrooms and a family bathroom. A garage and extensive off-road parking are also included.
The property is described as liveable in its current condition, while offering scope for updating and possible extension, subject to the necessary permissions. Most of the windows have reportedly been replaced recently. Local amenities are a short drive away, and the generous plot provides room to make changes to the house and garden over time.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
59out of 100
Grade DWeak opportunity
Confidence: MEDIUM
This is a weak overall opportunity on the numbers, although the asking price is slightly below the local average per square foot, which is a modest plus. The £7,000–£15,000 renovation range points to a light modernisation: the house looks usable, with dated finishes across several rooms that offer scope to refresh and personalise rather than undertake a full refurb. At the renovation midpoint, the purchase plus works is close to the implied current local average value, so the figures leave little margin against that benchmark.
Key opportunities
- Refresh the dated finishes throughout to give the spacious lounge/diner and other usable rooms a more contemporary feel.
- Make the most of the large, maintained garden, established planting and open countryside outlook.
- Benefit from the detached layout, attached garage, extensive parking and conservatory; the listing also describes scope to extend, subject to permissions.
Key risks
None recorded.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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£
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years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,058
Based on a loan of £210,000 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.
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