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St. Marys Meadows, Gedney, Spalding PE12

East of England

£265,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1098 sqft

Description

This detached bungalow offers a promising opportunity for renovation in a tranquil cul-de-sac on the outskirts of town. Although it requires some updating, its spacious layout includes a generous lounge that opens onto the rear garden through patio doors, making it ideal for enhancing indoor-outdoor living. The property features three bedrooms, including a master suite with an en-suite bathroom and an additional family shower room, providing ample space for guests or family use. The kitchen is equipped with basic units and an integrated cooker, but there's potential to modernize this space significantly. Outside, you'll find off-road parking and a garage with electric door access, which could be transformed into additional usable space if desired. This home is being sold without a chain, making it an attractive investment for those looking to put their personal touch on a property.

Investment Analysis

(PE12 area)

Above Market Value

This property is priced +5.2% above area average per sq ft

+5.2%
This Property
£241/sq ft
Area Average
£229/sq ft
Avg Rent (weekly)
£189
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£277,130
10% above area average per sq ft
Potential ROI
-4.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PE12)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -3.9%
5 year growth: 23.1%
Investment Disclaimer: Analysis based on PE12 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

St. Marys Meadows, Gedney, Spalding PE12
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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
£971
Based on a loan of £198,750 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