3-bedroom semi-detached house · PE10 0RL
Sold STCListed 139 days
Opportunity summary
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About
GROUND FLOOR ACCOMMODATION uPVC part glazed front door to Entrance hallway, door to Lounge.
CLOAKROOM Low level WC with concealed flush, wash hand basin with vanity cupboard under, complimentary splash back tiling, vinyl flooring, heated electric towel rail.
LOUNGE 16' 8" x 13' 0" (5.08m x 3.96m) TV point, telephone point, two wall mounted electric heaters, stairs to first floor.
DINING ROOM 8' 5" x 9' 11" (2.57m x 3.02m) Wall mounted electric heater with shelf over, window to rear open through to Kitchen.
KITCHEN 8' 7" x 8' 11" (2.62m x 2.72m) Fitted wall mounted and floor standing white fronted cupboards, complimentary fitted worktops and splash backs, inset stainless steel sink and drainer with mixer tap, space and plumbing under worktop for automatic washing machine, space for fridge, slim line electric cooker with ceramic hob, wooden effect vinyl flooring, under stairs storage cupboard, part glazed door to outside.
FIRST FLOOR LANDING Wall mounted electric heater, window to side, access to roof storage space, airing cupboard housing hot water tank.
BEDROOM 1 10' 1" x 13' 0" (3.07m x 3.96m) Window to front, wall mounted electric heater. BEDROOM 2 10' 1" x 10' 1" (3.07m x 3.07m) Window to rear, wall mounted electric heater.
BEDROOM 3 9' 0" x 6' 4" (2.74m x 1.93m) Window to front, wall mounted electric heater.
BATHROOM Panelled bath with mixer shower attachment and splash boards, wash hand basin with vanity cupboard, low level WC with concealed flush, wooden effect vinyl flooring, heated towel rail, electric shaver point, inset ceiling spot lights.
EXTERNALLY The front of this house is open plan and mostly laid to lawn. A driveway runs along the front of the property and provides off road parking and leads to a detached single garage.
The rear garden is fully enclosed and is mostly laid to lawn. DIRECTIONS From Eckfords and Longstaff office turn left and proceed into North Street and continue into North Road.
Continue heading North along the A15 towards the village of Morton. At the crossroads turn left and then right into Longmeadow.
At the end of the road turn left into Larks Rise number 5 is located on the right hand side. AMENITIES Morton is a popular village just three miles North of Bourne.
It benefits from a post office, national supermarket, village pub, two churches and has a primary school. There are regular bus links to both Bourne, Peterborough and Stamford.
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 Larks Rise , Morton
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