Property With Potential logo Property With Potential - return to homepage
5 bed property, in The Crescent, £150,000
>

Sponsored Get a Survey — free quotes via ReallyMoving

5 bed terraced house

The Crescent, Spalding
Cash Buyers
£150,000
-25.0%

Price History

Initial price £200,000
Mar 12, 2026 £180,000
Apr 21, 2026 £150,000
Price Change -25.0%

Our Summary

  • Cash buyers only
  • This characterful period building, ideally located in the heart of Spalding, is now available as an excellent investment opportunity
  • Currently divided into three individual flats, the property offers great potential for refurbishment and long-term returns
  • The Crescent needs to be viewed to really see the potential, book your viewing today
  • Summary - Investment Opportunity – Period Property in the Heart of Spalding This characterful period building, ideally located in the heart of Spalding, is now available as an excellent investment opportunity
  • The ground floor flat has been stripped back, providing a blank canvas for a new owner to put their own stamp on it
  • With the potential for two en-suite bedrooms, a lounge, kitchen, and direct access to the rear garden, this space presents a fantastic investment prospect
  • One is a generously sized studio flat in need of renovation, while the other is a spacious two-bedroom maisonette, also requiring refurbishment
  • With strong rental demand and excellent investment potential, this property presents a fantastic opportunity for investors looking to add value in a sought-after location
  • Investment Opportunity – Three Flats in Prime Town Centre Location This exciting development offers three individual flats, all with great rental potential, making it a fantastic investment opportunity
  • While the property would benefit from modernisation, its central location ensures high demand from tenants
  • The large living area leads to the garden, and there’s a separate kitchen in need of updating
  • The property is slightly dated but has been successfully rented out for years
  • This flat would benefit from a minor refurbishment but, like Flat 2, has a strong rental history
  • • High Rental Demand – Prime location in the town centre • Fantastic Potential – Modernising will significantly increase rental yield • Versatile Opportunity – Ideal for landlords, developers, or those looking for a multi-unit investment Got the vision to unlock this property’s full potential

Get alerted when similar properties are listed — Subscribe

Description

The property is a characterful period building in the heart of Spalding, currently divided into three individual flats. The ground floor flat has been stripped back and offers a blank canvas for renovation, with potential for two en-suite bedrooms, a lounge, kitchen, and direct access to the rear garden. The first floor features a generously sized studio flat and a spacious two-bedroom maisonette, both in need of refurbishment.

The property has a garden to the rear and sits in a prime town centre location within walking distance to Spalding town centre, offering a range of amenities, including shops, restaurants, and leisure facilities. The building has four levels, with a ground floor flat that includes an entrance hall, two bedrooms with en-suite bathrooms, a lounge, kitchen, cloakroom, room, and outdoor area. The first floor contains two flats: a spacious two-bedroom apartment with a lounge, kitchen, first floor landing, two bedrooms, and a bathroom, and a two-bedroom apartment with an entrance hall, lounge/bedroom, kitchen diner, bathroom, and separate toilet.