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Chestnut Avenue, Spalding PE11 - Image 1
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Chestnut Avenue, Spalding PE11

East of England

£150,000
Listed on 28/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1210 sqft

Description

This three/four bedroom semi-detached home presents a solid investment opportunity for those looking to make enhancements and personalize their living space. The property is currently in need of cosmetic updates, making it an ideal project for first-time buyers or investors on the lookout for potential value-added renovations. The ground floor boasts a lounge, dining area, and kitchen, along with a rear extension that could flexibly serve as an additional reception room or even a ground floor bedroom with convenient access to a bathroom. Upstairs are three spacious double bedrooms paired with a shower room equipped with essential amenities. Outside, the property offers off-road parking and a fully enclosed garden, providing both security and potential for outdoor improvements. With no chain involved, this is an attractive opportunity for anyone willing to invest time and resources into transforming this residence into a modern family home.

Investment Analysis

(PE11 area)

Below Market Value

This property is priced -43.2% below area average per sq ft

-43.2%
Potential saving
This Property
£124/sq ft
Area Average
£218/sq ft
Avg Rent (weekly)
£203
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£290,291
10% above area average per sq ft
Potential ROI
+65.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (PE11)

Area prices are falling by -4.9% over the last 12 months
3 year growth: -3.9%
5 year growth: +12.6%
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

Chestnut Avenue, Spalding PE11
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£541
Based on a loan of £112,500 over 30 years at 4.06% 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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