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2 bed house for sale Spence Street, Spilsby, PE23

Offers in excess of

£148,500

Added on 25/09/2026

Type: Terraced
Bedrooms: 2
Bathrooms: 1
Tenure: Freehold

Key features

Semi-detached house
Two bedrooms
Garden
Parking space
Gas central heating
Double glazing
Tenant in situ
Investors only

About this property

INVESTORS ONLY

A modern two bedroom semi detached house located in a residential area on the edge of the market town of Spilsby. The property has been recently decorated and the accommodation briefly comprises sitting room, breakfast kitchen, two bedrooms, bathroom and garden.

The property has one designated off street parking space and an enclosed rear garden.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,517
Band B

£1,770
Band C

£2,023
Band D

£2,276
Band E

£2,782
Band F

£3,287
Band G

£3,793
Band H

£4,552

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In East Lindsey, 2026/27 bills run from £1,517 a year in band A to £4,552 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across East Lindsey, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Location

Spence Street, Spilsby, PE23

Open map Street View

Mortgage and stamp duty

Property price £148,500

£74k £223k

Deposit10% £15,000

£0 £149k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £133,500 mortgage. Most lenders would want a household income of about £30,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
14, Spence Street Terraced	Terraced	Mar 2026	614 sq ft £222/sq ft	614 sq ft	£222	£136,500
6, Spence Street Terraced	Terraced	Nov 2025	624 sq ft £227/sq ft	624 sq ft	£227	£142,000
4, Spence Street Terraced	Terraced	Mar 2023	603 sq ft £124/sq ft	603 sq ft	£124	£75,000
10, Spence Street Terraced	Terraced	May 2017	614 sq ft £167/sq ft	614 sq ft	£167	£102,500
5, Spence Street Semi-detached	Semi-detached	Jul 2016	904 sq ft £116/sq ft	904 sq ft	£116	£104,500
West House, Spence Street Detached	Detached	May 2016	n/a	n/a	n/a	£380,000
12, Spence Street Terraced	Terraced	Dec 2014	624 sq ft £152/sq ft	624 sq ft	£152	£95,000
6, Spence Street Terraced	Terraced	Oct 2013	624 sq ft £154/sq ft	624 sq ft	£154	£96,000