Spalding, PE11 & PE12 | Investment Property for Sale | VES-PE11-009

Opportunity to purchase a ready-made 7-unit portfolio in Spalding generating a 5.3% gross yield


7-unit Portfolio




Based on

deposit: £292,000

stamp duty: £40,900

mortgage fees: £1,500

conveyancing fees: £7,000






The portfolio













The vendor is open to selling the units individually. Please see our separate listings for more information.

Portfolio information

  • The portfolio is made up of 7 x freehold properties comprising:
    • 3 x 2-bed houses
    • 4 x 3-bed houses
  • EPC ratings: C & D
  • Council tax bands: A & B

Rental income

  • All properties are fully let and achieve:
    • Aggregate monthly rental income: £5,160
    • Aggregate annual rental income: £61,920
    • Aggregate gross yield: 5.3%

Location information

All properties are located in Spalding, see the below map for each location.

Available upon request

  • Portfolio breakdown
  • EPCs for all units


Please note that Vesta has not visited the properties and that the vendor has provided all material.


Documents available on request, please contact for viewings or further questions.

The information relating to this property is supplied by the vendor and was the latest available information at the time of listing. Certain information may expire or become inaccurate over time.

Vesta makes no warranty as to the accuracy or completeness of the property listing or any associated information. All information should be reviewed by the purchaser and their solicitor.

About Spalding, Lincolnshire

Spalding is a market town in the East Midlands. This town is situated on the River Welland in the South Holland district of Lincolnshire, around 18 miles north of Peterborough and 49 miles east of Leicester.

This area is serviced by Spalding railway station which lies on the Lincoln Central – Peterborough Line and is managed by East Midland Trains. East Midland Trains operates an hourly service from Monday to Saturday in each direction with southbound services towards Peterborough and northbound services to Sleaford and Lincoln. Some of these services continue onwards from Lincoln to Newark North Gate and there is a daily evening service to Nottingham via Peterborough and Melton Mowbray.

In town there are a variety of local supermarket options including a Sainsburys, Lidl, Aldi and a Marks and Spencer Food Hall. Just outside of the town centre there is the Springfields Shopping Outlet & Festival Gardens which features over 60 stores, including all national favourites and some boutiques to make for a well-rounded retail experience. This outlet also has a selection of dining options and the festival gardens which offers a beautifully landscaped area including designs by Charlie Dimmock and Kim Wilde.

Spalding is at the heart of a major region of flower and vegetable cultivation due to the rich silty soil. There are many companies within the agriculture field hiring people in the area, such as garden centres, plant nurseries as well as various vegetable packing plants. Some of the big employers in town are FESA UK LTD, Greencore, Fowler-Welch Coolchain and Lloyd Loom of Spalding.

This location could be ideal for young families looking for schooling options for their children in walking distance within the town. Some of the primary schools in town are Spalding Parish Church of England Day School and Wygate Park Academy, both of which are co-educational up to the age of 11. There are two grammar schools in town Spalding Queen Elizabeth Royal Free Grammar School for boys and Spalding High School for girls, both of which have a mixed sixth form.

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Important Note

All information contained in this website is provided as a guideline only, is based on estimates and assumptions, may not be accurate or complete, and is subject to change. We make no representations or warranties with regards to this information, expressed or otherwise. A buyer who relies on such information does so at their own risk. Buyers are advised to seek independent financial advice and should undertake their own due diligence.

Your capital is at risk. Property values may decline and the property might not be able to be rented at amounts sufficient to cover debt interest costs, operating expenses and liabilities, and might not result in a positive cash flow. Property is an illiquid asset and should not be viewed as a short-term investment.

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