2-bedroom flat · PE10 0FR
Sold STCListed 32 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Rosedale Property Agents are delighted to offer this well-maintained ground floor apartment within the popular modern development of Elsea Park.
Ideally located within easy access of Bourne town centre and local schools.
Perfect for a first-time buyer looking to get on the property ladder the apartment comprises an entrance hall leading to a family bathroom, two bedrooms, several storage cupboards and a bright open-plan kitchen and living area.
Externally the property benefits from an allocated parking space providing added convenience. Entrance - Door to front, electric radiator, laminate flooring and two cupboards.
Kitchen/Living Area - 20' 4" x 18' 5" (6.20m x 5.61m) (approx.) Fitted with a range of base and eye level units, stainless steel sink unit with mixer tap, part tiled walls, integrated oven, hob, extractor fan, plumbing and space for washing machine, fridge freezer space, electric radiator, storage cupboard, UPVC window to front and two UPVC windows to side.
Bedroom One - 10' 5" x 10' 5" (3.17m x 3.17m) (approx.) UPVC window to front, laminate flooring, electric radiator and fitted wardrobe.
Bedroom Two - 10' 6" x 9' 3" (3.20m x 2.82m) (approx.) UPVC window to front, radiator, electric radiator and laminate flooring.
Bathroom - Fitted with a three piece suite comprising WC, wash hand basin and bath with shower over, heated towel rail and extractor fan. Outside - Allocated parking.
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
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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 The Pollards, Bourne
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