3-bedroom bungalow · PE10 9XH
Sold STCListed 136 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GROUND FLOOR ACCOMMODATION uPVC dark wood effect front door to Entrance Porch: Tiled flooring, timber glazed door to Hallway: Access to roof storage space, telephone point, radiator, airing cupboard housing hot water tank and shelving, thermostatic heating control.
LOUNGE/DINER 12' 4" x 23' 0" (3.76m x 7.01m) TV point, telephone point, two radiators, electric fire stone surround and paved hearth, patio doors to Conservatory.
CONSERVATORY 13' 11" x 8' 1" (4.24m x 2.46m) Constructed hard wood lower panels with wooden sealed units over, sloped roof, ceramic floor tiles, fitted ceiling and window blinds, TV point, pedestrian door to Single Garage.
KITCHEN 9' 8" x 9' 8" (2.95m x 2.95m) Fitted wall mounted and floor standing wooden fronted cupboards, complimentary fitted worktops and splash back tiling, inset one and a quarter bowl stainless steel sink and drainer with mixer tap, four ring gas hob with extractor fan over, electric oven, space and plumbing under for automatic washing machine, space for fridge/freezer, radiator, vinyl flooring, part glazed uPVC dark wood effect door to garden, wall mounted WORCESTER gas central heating boiler.
BEDROOM 1 12' 8" x 8' 5" (3.86m x 2.57m) Built in wardrobe with bed space between, radiator, window to front.
BEDROOM 2 12' 7" x 9' 1" (3.84m x 2.77m) Built in wardrobe with bed space between, further storage cupboard, radiator, window to front.
BEDROOM 3 7' 2" x 9' 4" (2.18m x 2.84m) Built in storage cupboard, radiator, window to rear.
BATHROOM Panelled bath with shower over, pedestal wash hand basin, low level WC, radiator, splash back tiling, electric shaver point.
EXTERNALLY The front of this bungalow is open plan and laid to lawn. A driveway to one side provides off road parking and leads to a single garage with an up and over door.
The rear garden is a lovely feature of the bungalow. It benefits from a paved patio and a shaped lawn with well stocked shrub and plant borders and beds.
DIRECTIONS From Eckfords & Longstaff office turn left into North Street. At the first mini roundabout turn left into St Gilberts Road and then immediately right into St Gilberts.
Turn right into Ermine Close. Number 16 is located on the right hand side. AMENITIES This bungalow is located close to Bourne bus station where there are regular buses to both Stamford & Peterborough.
It is also close to local shops and the doctors surgery.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Ermine Close, Bourne
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