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Chapel Street, Boston PE21

East of England

£495,000

Listed on 29/06/2026

The listing

Property details

Bedrooms
12
Type
Detached

Features

  • Garden

Description

Nestled in the historic market town of Boston, this property offers a unique investment opportunity in a conservation area characterized by high-density Victorian residences. Comprising three distinct elements, the site includes a semi-derelict two-storey Victorian house at 51 Wormgate, which spans approximately 165sqm and is in need of substantial refurbishment or possible demolition. Adjacent to this, the former Peacock Inn at 53 Wormgate presents a formidable project with its expansive two-storey layout of around 318sqm that requires complete renovation, featuring eight bedrooms and multiple functional areas including a bar and kitchen. The inclusion of three garages and a beer garden enhances its appeal for transformation into residential units or commercial use. Lastly, the former Bluecoat School at 2 Chapel Street adds another layer with approximately 120sqm of space and access to additional garages, presenting further investment potential. This diverse offering could be a rewarding challenge for those looking to revitalize properties in an attractive location.

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Map

Location

Chapel Street, Boston PE21
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Finance

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Illustrative repayments based on the asking price, not a mortgage offer.

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Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,870
Based on a loan of £371,250 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.

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