Summary - 125 PENNYGATE SPALDING PE11 1NN
2 bed 1 bath Semi-Detached
Great value project with large garden and strong buy-to-let potential.
Freehold Victorian semi-detached, circa 947 sq ft
Two double bedrooms and family bathroom upstairs
Large conservatory overlooking generous rear garden
Front lounge with original fireplace and separate dining room
Requires full modernisation; cosmetic and potential remedial works
Solid brick walls assumed uninsulated — energy upgrades likely
Medium flood risk — consider insurance and mitigation costs
Very low council tax; mains gas boiler and double glazing installed
This Victorian red-brick semi offers a straightforward renovation project with clear scope to add value. The layout includes a front lounge with fireplace, separate dining room, kitchen and a large conservatory that opens onto a generous rear garden — ideal for landscaping or potential extension, subject to planning permission.
Practicalities are in place: freehold tenure, mains gas heating with boiler and radiators, double glazing fitted post-2002, and very low council tax. The house is well sized at around 947 sq ft and sits in an affluent area with good local schools and transport links, making it appealing to first-time buyers and investors alike.
The property does require modernization throughout — cosmetic and likely some remedial works — and the solid brick walls are assumed uninsulated, so energy improvements will be needed to raise comfort and efficiency. There is also a medium flooding risk to be considered when budgeting and arranging insurance.
Overall this is a practical project with strong upside for someone willing to refurbish. Its combination of period character, useful room layout and a sizeable garden provides a clear platform for creating a comfortable family home or a rental unit with improved returns.
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