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Sibsey Road, Boston PE21 - Image 1
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Sibsey Road, Boston PE21

East of England

£150,000
Listed on 19/03/2026

Property Details

Bedrooms
2
Type
Detached
Area
979 sqft

Description

This two-bedroom detached cottage presents a distinctive opportunity for investment, requiring comprehensive modernization and refurbishment. The layout includes a lounge, dining room, kitchen, a four-piece bathroom on the ground floor, and two double bedrooms upstairs. It also features a detached garage/workshop, gravelled hardstanding at the front, and an enclosed rear garden. Located conveniently opposite the Pilgrim Hospital, this property holds significant potential for improvements or extensions subject to planning permission. Offered with no onward chain, it is exclusively available for cash buyers. Due to its current condition, appointments for viewing are necessary through the selling agent.

Investment Analysis

(PE21 area)

Below Market Value

This property is priced -17.8% below area average per sq ft

-17.8%
Potential saving
This Property
£153/sq ft
Area Average
£187/sq ft
Avg Rent (weekly)
£177
Avg Yield
4.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£200,842
10% above area average per sq ft
Potential ROI
-12.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (PE21)

Area prices are stable by -0.1% over the last 12 months
3 year growth: +3.8%
5 year growth: +18.0%
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

Sibsey Road, Boston PE21
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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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