5 bed block of flats for sale

1, 3, 5, 7 & 9 St. Thomas Road, Spalding, Lincolnshire PE11

For sale by auction on Wednesday, 21 Oct 2026 at 10:00

Venue: Livestream Auction

A block of five fully let one bedroom apartments with a rental income of £34,920 pa

A block of one bedroom apartments set in the centre of Spalding with a rental income of £34,920 per annum (£2,910 pcm). Four of the units are on the ground floor and one on the first floor. Each unit has a lounge/kitchen, bedroom and a bathroom. The units are currently all let.

Spalding offers a variety of shops and recreational facilities together with a rail link into Peterborough and service into London Kings Cross.

Five units accommodation
Lounge/kitchen, bedroom, bathroom.

Note
The properties are referred to as 55 Winsover Road in the Land Registry title entries.

Council Tax Band
A


EPC Rating: C

Additional Fees
Buyers Premium: £1500 inc VAT payable on exchange of contracts.

Administration Charge - £1200 inc VAT payable on exchange of contracts.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.