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Wignals Gate, Holbeach, Spalding PE12

East of England

£280,000

Listed on 04/07/2026

Property details

Bedrooms
3
Type
Detached Bungalow
Area
1446 sqft

Description

This spacious three double bedroom detached bungalow, located on the outskirts of Holbeach, presents a significant opportunity for renovation. While it requires updating, it features generous living spaces including a large lounge/diner and a breakfast kitchen, perfect for those looking to modernise and enhance functionality. The property accommodates a family bathroom along with an en-suite shower room in the master bedroom. Additional highlights include a utility room and a conservatory that opens to a fully enclosed rear garden, providing ample potential for outdoor improvements. Outside, there's significant off-road parking along with an integral garage, making this home appealing for investments aimed at enhancing value.

Investment analysis

(PE12 area)

Below Market Value

This property is priced -14.9% below area average per sq ft

-14.9%
Potential saving
This Property
£194/sq ft
Area Average
£228/sq ft
Avg Rent (weekly)
£204
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£362,100
10% above area average per sq ft
Potential ROI
+13.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PE12)

Area prices are stable by -1.1% over the last 12 months
3 year growth: -3.7%
5 year growth: +9.9%
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

Wignals Gate, Holbeach, Spalding PE12
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,058
Based on a loan of £210,000 over 30 years at 4.45% 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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