We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom house · PE10 9EZ
For saleListed 193 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Building PLOT FOR SALE, Bourne Town Centre Guide Price £350,000 Planning Consent for 4 No.
984 Sq Ft 3 Storey Houses Size - 0.14 acres (565 Sq M) Guide Price £350,000 Business Rates - Open Land Legal Fees - Both parties will be responsible for their own fees VAT - No VAT EPC - Exempt, Building demolished Roughly Square site (26m x 22.5m) with Full Planning Permission for 4 No.
3 Storey semi detached homes with off road parking to the front and individual rear gardens. The site has been cleared and is ready for development to commence.
Location - Located on Meadowgate and a level walk of approximately 400m from the centre of Bourne, the site is well located in a residential area and surrounded by predominantly terraced and semi detached houses with brick or rendered elevations beneath pitched roofs with slate or tile covering.
Planning - Full planning consent has been received under application No S24/1997 with demolition completed under S25/2218.
Full planning consent drawing are available on the SKDC planning portal or PDF's can be sent by email. Terms - The Guide Price is £350,000 for the Freehold with the benefit of the Planning Consent.
Consultant reports and services can be novated if required. Surveys - Trial holes have been dug and there is no contamination on site.
The Planning consent requires a "watching brief" for archaeology when the foundations are commenced.
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
Agent & docs
FAQ
About Land with Planning, Meadowgate, Bourne PE10 9EZ
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