Summary - THE COTTAGE CHAPEL ROAD OLD LEAKE BOSTON PE22 9PW
2 bed 1 bath Bungalow
Cash-only renovation or redevelopment opportunity in a quiet semi-rural village.
No onward chain — immediate vacant sale possible
Non-standard construction; suitable for cash buyers only
Requires full modernisation and refurbishment throughout
Potential redevelopment of site subject to planning permission
Small internal area — approximately 525 sq ft (compact layout)
Generous corner plot with driveway and rear garage
Very slow broadband; area classified as deprived
Low flooding risk but visible external wear and roof may need work
This detached, single-storey cottage sits on a generous corner plot in Old Leake and is offered with no onward chain. The property is constructed in timber cladding with a corrugated metal roof and is sold as a clear renovation project — it currently requires full modernisation and refurbishment throughout. Its compact footprint and modest internal area mean the existing layout is straightforward to adapt.
Important structural and legal considerations: the property is of non-standard construction and is marketed for cash buyers only. There is clear potential for redevelopment of the site subject to planning permission (s.t.p.p), making this most suitable for an investor, developer or buyer prepared to manage a renovation or rebuild.
Practical positives include a rear garage, driveway parking and a sizeable plot offering scope to extend or reposition accommodation. The bungalow occupies a semi-rural village location close to local primary and secondary schools rated Good, and flooding risk is low. Broadband speeds are very slow and the local area scores as deprived, which should be factored into rental or resale forecasts.
This is a budget-priced, high-potential property for buyers who accept the upfront works, the cash-only requirement and the non-standard construction. For the right purchaser it offers either a cost-effective renovation project or a redevelopment opportunity in a quiet village setting.
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