1-bedroom flat · PE10 9NS
Let agreedListed 95 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Immaculately presented one bedroom first floor apartment with brand new fitted kitchen and allocated parking space.
Location The historic market town of Bourne offers excellent local facilities including a good range of shops, supermarkets, public houses and restaurants as well as vets, doctors practices, sport and leisure centres.
The town borders the fens and the A15 road network provides access to the city of Peterborough to the south, with its Intercity train services (London King’s Cross approximately 50-55 mins).
Description Immaculately presented one bedroom first floor apartment with electric central heating.
The property benefits from an open plan living/dining/kitchen, good size bedroom and modern bathroom, Upvc double glazing and allocated parking space.
Located in Bourne town centre and ideally suited for a single person. Situated in a detached building of four apartments.
Entrance Communal UPVC entrance door and hallway with stairs off to first floor.
Wooden entrance door to apartment opening to hallway with fitted carpet and access to lounge diner/kitchen, bathroom, bedroom and double doors to airing cupboard. Radiator and loft hatch.
Airing cupboard houses Heatrae Sadia Amptec Electric flow boiler and hot water tank.
Lounge Diner/Kitchen (5.63 x 5.03 (18'5" x 16'6")) Open plan room with fitted carpet and large Upvc window to rear with curtains and smaller window to side elevation. Radiator.
The kitchen area is fitted with a range of grey fronted base and wall mounted units, laminate worktops and upstands, integrated cda fan oven and 4 ring induction hob with extractor over, stainless steel sink and drainer, space and plumbing for washing machine and space for fridge freezer.
Vinyl flooring. Bathroom (1.77 x 1.62 (5'9" x 5'3")) Modern 3 piece white bathroom suite comprising panel bath with thermostatic shower over, pedestal wash hand basin and close coupled WC.
Vinyl flooring, heated towel rail, shaver point, mirror and vinyl flooring. Bedroom (3.71 x 3.54 (12'2" x 11'7")) Good size double bedroom with UPVC window to frontage with curtains.
Triple fitted wardrobe with hanging rail and shelf, fitted carpet, radiator and telephone & aerial points. Store Cupboard Good size storage cupboard on landing opposite apartment.
Outside Allocated gravel parking space at rear of property. Services Mains water and electricity are connected.
Broadband/Mobile According to the Ofcom checker Broadband availability is Standard and Ultrafast and mobile availability is Good in-home and outdoor via EE and Three and Variable in-home and good outdoor via O2 and Vodafone.
Council Tax We understand from the Valuation Office Agency Website that the property has a Council Tax Band A.
Tenure The property is available on an Assured Shorthold Tenancy as specified under the Housing Act 1988 and amended under the Housing Act 1996.
Rent The rent is payable monthly in advance, by standing order. Deposit Five weeks' rent payable in advance to be returned after deductions and without interest at the end of the tenancy.
Viewing All viewings strictly by appointment through Richardson,
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
Agent & docs
FAQ
About Flat 4, Clare Court, Burghley Street, Bourne
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