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Ayscough Avenue, Spalding PE11 - Image 1
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Ayscough Avenue, Spalding PE11

East of England

£65,000
Listed on 01/12/2025

Property Details

Bedrooms
1
Type
Flat
Area
528 sqft

Description

This one-bedroom upper floor apartment presents a promising opportunity for first-time buyers or investors looking to add value through renovation. Located conveniently close to the town centre and offered with no onward chain, the property features an open-plan lounge that seamlessly connects to the kitchen, creating a welcoming living space. The double bedroom provides ample accommodation, while the family bathroom comes equipped with a three-piece suite. Outside, residents will benefit from allocated parking along with additional visitor spaces. While some cosmetic updates are necessary, this apartment holds significant potential for enhancement and modernization.

Investment Analysis

(PE11 area)

Below Market Value

This property is priced -42.8% below area average per sq ft

-42.8%
Potential saving
This Property
£123/sq ft
Area Average
£215/sq ft
Avg Rent (weekly)
£204
Avg Yield
4.1%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £10,000
Target Value
£125,046
10% above area average per sq ft
Potential ROI
+66.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
55
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (PE11)

Area prices are falling by -9.0% over the last 12 months
3 year growth: -6.7%
5 year growth: +7.9%
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

Ayscough Avenue, Spalding PE11
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£230
Based on a loan of £48,750 over 30 years at 3.91% 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.

Price History

-21.2% since listed
£65,000£13,000(-16.7%)
29/03/2026
Current price
£78,000£4,500(-5.5%)
31/01/2026
£82,500Initial listing
01/12/2025

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