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Norfolk Street, Boston, Lincolnshire PE21

East of England

£145,000

Listed on 25/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1447 sqft

Description

This three-bedroom semi-detached period home offers a canvas for substantial renovation and investment. Boasting enviable views over Central Park, the property features multiple reception rooms and a private garden with functional outbuildings, ideal for adaptable uses. While the house retains many original features, including cast iron fireplaces and high ceilings, it also presents an opportunity to modernize and improve overall functionality. Located just a short stroll from local amenities, this early 1900s construction is built to last but requires some attention to fully restore its grandeur. Notably, the property has off-street parking that accommodates two vehicles—an added benefit in this area. The internal layout is spacious and versatile, perfect for families or potential HMO usage (subject to licensing). The ground floor includes a bright lounge with a charming bay window offering park views, a dining room that connects to the kitchen, and a family room that can serve as additional living space or convert into another bedroom. The kitchen offers modern conveniences while reflecting the home's character. Upstairs accommodates three well-sized bedrooms and a bathroom with separate WC facilities. The layout allows for easy reconfiguration if required. The garden complements the home with both patio and lawn areas alongside brick outbuildings ripe for conversion. Recent assessments indicate that structural repairs are needed on approximately three-quarters of the roof as well as on the bay window; these requirements are reflected in the asking price. Overall, this property’s combination of historical charm and renovation potential positions it as an excellent investment opportunity in a desirable location.

Investment Analysis

(PE21 area)

Below Market Value

This property is priced -46.9% below area average per sq ft

-46.9%
Potential saving
This Property
£100/sq ft
Area Average
£189/sq ft
Avg Rent (weekly)
£180
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£300,115
10% above area average per sq ft
Potential ROI
+46.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PE21)

Area prices are falling by -5.1% over the last 12 months
3 year growth: +1.6%
5 year growth: +12.0%
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

Norfolk Street, Boston, Lincolnshire PE21
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£517
Based on a loan of £108,750 over 30 years at 3.97% 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.

Stamp Duty Calculator

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