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Tawney Street, Boston, Lincolnshire PE21 - Image 1
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Tawney Street, Boston, Lincolnshire PE21

East of England

£145,000

Listed on 25/05/2026

Property Details

Bedrooms
6
Type
Semi Detached
Area
1588 sqft

Description

This semi-detached property features six bedrooms and is currently configured as a multi-let, providing a solid investment opportunity in the heart of Boston. While the property requires substantial renewal to reach its full potential, it already has three bedrooms tenanted, generating a weekly gross income of £235. With two additional bedrooms vacant, there is significant potential to enhance rental yields by occupying these spaces. Internally, the layout includes an entrance hall leading to two double bedrooms, a kitchen-diner, utility area, and WC on the ground floor. Upstairs, there are additional double and single bedrooms alongside a family bathroom; one bedroom even benefits from an en-suite shower room. The rear garden offers outdoor space that could be improved or landscaped for better use. Given its current occupancy status and location, this property also presents an attractive option for conversion into a family home with some modernization efforts. A viewing is encouraged to appreciate the opportunities this property affords.

Investment Analysis

(PE21 area)

Below Market Value

This property is priced -51.4% below area average per sq ft

-51.4%
Potential saving
This Property
£91/sq ft
Area Average
£188/sq ft
Avg Rent (weekly)
£179
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£328,398
10% above area average per sq ft
Potential ROI
+68.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (PE21)

Area prices are falling by -6.2% over the last 12 months
3 year growth: +0.5%
5 year growth: +8.8%
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

Tawney Street, Boston, Lincolnshire PE21
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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
£548
Based on a loan of £108,750 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

-12.1% since listed
£145,000+£5,000(+3.6%)
04/04/2026
Current price
£140,000£25,000(-15.2%)
13/09/2024
£165,000Initial listing
23/08/2023

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