# 2 bedroom terraced house for sale (PE11 4PQ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 10 CHARLOTTE WALK, SPALDING, QUADRING, LINCOLNSHIRE PE11 4PQ |
| Price | £127,950 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Construction age | England and Wales: 1983-1990 |
| Floor area | 71 m² |
| Last sold | £125,000 Nov 2019 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** B
- **Expiry date:** 01/07/2029
- **Current heating cost:** £749/year

### Recommendations
- B4 (600)
- W2 (6,000)
- L2 (1,800)
- N (6,000)
- U (5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8131-7323-6940-8552-7906)

## Description

Two Bedroom mid Terrace House situated in the South Lincolnshire village of Quadring. There is a general stores nearby and the market towns of Boston and Spalding are well within commuting distance. Benefiting from uPVC Double Glazing this property features a Kitchen with Built in Hob, a Lounge/Diner, two upstairs Bedrooms and a Bathroom. The rear garden is fully enclosed and there is allocated parking.

## Property Photos

- ![Picture No. 02](/listings/photos/63444972/1625251) - Picture No. 02
- ![Picture No. 03](/listings/photos/63444972/1625254) - Picture No. 03
- ![Picture No. 10](/listings/photos/63444972/1625256) - Picture No. 10
- ![Picture No. 04](/listings/photos/63444972/1625257) - Picture No. 04
- ![Picture No. 05](/listings/photos/63444972/1625259) - Picture No. 05
- ![Picture No. 06](/listings/photos/63444972/1625262) - Picture No. 06
- ![Picture No. 07](/listings/photos/63444972/1625264) - Picture No. 07
- ![Picture No. 08](/listings/photos/63444972/1625265) - Picture No. 08
- ![Picture No. 09](/listings/photos/63444972/1625267) - Picture No. 09
- ![Picture No. 11](/listings/photos/63444972/1625269) - Picture No. 11

## Floorplans

- ![Floorplan](/listings/photos/63444972/1625271) - Floorplan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/63444972/1625273) - EPC Rating Graph

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 10 CHARLOTTE WALK, QUADRING, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 4PQ | £125,000 | 25/11/2019 | Terraced |
| 10 CHARLOTTE WALK, QUADRING, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 4PQ | £112,000 | 13/12/2007 | Terraced |
| 10 CHARLOTTE WALK, QUADRING, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 4PQ | £62,000 | 04/12/2002 | Terraced |
| 10 CHARLOTTE WALK, QUADRING, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 4PQ | £35,000 | 29/10/1999 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] 20 CHARLOTTE WALK, QUADRING, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 4PQ | £130,000 | 25/10/2023 | Terraced |
| 21 WATER GATE, QUADRING, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 4PY | £165,000 | 08/07/2022 | Terraced |
| 33 CASSWELL DRIVE, QUADRING, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 4QW | £165,000 | 06/05/2022 | Terraced |

**Street average:** £130,000 (1 sale)
**Area average:** £165,000 (2 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £151,176 (31 Terraced, PE11, 2024–2026)
- **Deviation:** -15.4%

## Rental Range

*ONS Price Index of Private Rents (South Holland). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £689/mo
- **Realistic:** £765/mo
- **Optimistic:** £842/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Lincolnshire Fens (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £623/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Terraced House, Charlotte Walk, PE11 | £850/mo | 2 | 0.04 miles | OpenRent |

**Average rent: £850/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.66% (weak for cashflow)
- **Max investor price (0.8%):** £106,250
- **Target investor price (1%):** £85,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £850/mo).*

- **Gross yield:** 8%
- **Cost-to-rent:** 12.5×
- **Monthly cashflow:** £236/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 7.6%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £1,802/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 3.9%
- **10y growth:** 16%

## House Price Index (HM Land Registry)

*Official index for South Holland; Terraced series; as of April 2026.*

- **1y growth (index):** 3.9%
- **5y growth (index):** 12.2%
- **10y growth (index):** 36.7%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)