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Herdgate Lane, Pinchbeck, Spalding PE11 - Image 1
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Herdgate Lane, Pinchbeck, Spalding PE11

East of England

£180,000
Listed on 11/12/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This two-bedroom detached residence offers a significant opportunity for enhancement and value addition. Nestled on a spacious plot, the property features a driveway, an expansive garden, and a double garage, complementing its potential for investment. Internally, the layout comprises a reception room, kitchen, utility area, dining room, and two bedrooms located upstairs. The decor leans towards the dated side and will require modernisation throughout to unlock its full appeal. The living room boasts wood effect flooring and an inviting fireplace, while the kitchen provides access to the rear garden and contains functional units awaiting reconfiguration or replacement. Upstairs, generous bedroom sizes are complemented by built-in wardrobes but could benefit from cosmetic updates. Additional features include ample off-road parking and serene views over fields from the rear garden. With noted structural concerns such as distortion in the roof structure and front wall requiring careful attention during renovations, this property presents itself as a compelling project for those looking to invest in their own vision of home.

Investment Analysis

(PE11 area)
Area Average
£220/sq ft
Avg Rent (weekly)
£201
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (PE11)

Area prices are falling by +2.4% over the last 12 months
3 year growth: -2.5%
5 year growth: 16.8%
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

Herdgate Lane, Pinchbeck, Spalding PE11
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£659
Based on a loan of £135,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE