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See how verdicts work2-bedroom detached house · PE10 9LY
Sold STCListed 39 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Rosedale are delighted to offer to the market this truly unique Grade II listed detached property, centrally located within the heart of Bourne.
Rich in history and character, this remarkable building dates back to at least the 19th century and was officially listed on 2nd May 1949.
Designed in a distinctive Gothic castle style, the property features an array of striking architectural details, including corner turrets, lancet-style leaded windows, embattled walls, and a stucco exterior over brickwork.
Historic records describe it as "a small two-storey Gothic house in stucco on brick in the form of a castle," making it one of Bourne's most recognisable and unusual homes.
It is also understood that the original lead roof was replaced with corrugated iron during wartime. This fascinating property was purchased with the intention of restoring it to its former glory.
While significant work has been undertaken, the restoration remains incomplete, presenting a rare opportunity for a buyer with imagination and vision to create something truly special.
The accommodation comprises two double bedrooms and a family bathroom upstairs. Downstairs, there is a spacious entrance hall, a lounge with an open fireplace, and a kitchen.
Externally, the property benefits from off-road parking and a courtyard garden to the rear.
To fully appreciate the history, character, and potential of this most unusual home, viewings are highly recommended.
EPC Energy Rating: E | Council Tax Band: B Entrance - Door to front and side, laminate flooring, stairs to first floor, radiator and window to rear.
Lounge - 13' 6" x 12' 0" (4.11m x 3.66m) (approx.) Door to front, laminate flooring, open fireplace, radiator and two windows to front and one window to side. Landing - Window to side.
Bedroom One - 13' 1" x 12' 2" (3.99m x 3.71m) (approx.) Window to front and side, wood flooring and radiator.
Bedroom Two - 11' 11" x 7' 5" (3.63m x 2.26m) (approx.) Window to rear, radiator and wood flooring.
Bathroom - Fitted with a three piece suite comprising WC, wash hand basin and bath with shower over, wall mounted gas boiler, wood flooring and window to rear.
Outside - To the front of the property is a gravelled driveway providing off-road parking, with fencing and gated access.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
Agent & docs
FAQ
About South Street, Bourne
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