1-bedroom flat · PE10 0WP
For saleListed 98 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the ever-popular Elsea Park development, this well-presented first floor apartment offers bright, spacious and well-maintained accommodation, making it an ideal first-time purchase or investment opportunity.
The property features a welcoming entrance hall with useful airing cupboard, a generous living room providing ample space for both living and dining, and a fitted kitchen with a range of storage and work surfaces.
The double bedroom benefits from a built-in wardrobe, while the bathroom is fitted with a modern three-piece suite.
Enjoying a light and airy feel throughout, the apartment is conveniently located close to local amenities, schools and transport links, with Bourne town centre just a short distance away.
Communal Entrance Hall There is a secure Entryphone system giving access with stairs leading to the first floor.
Entrance Hall With built in airing cupboard and door leading to: Lounge/Diner 4.42m x 3.35m With upvc double glazed window overlooking the front, radiator, power points and open to: Kitchen 4.01m x 2.08m With modern fitted units comprising, one and a half bowl sink with cupboard below, good range of wall and base units, built in oven and hob with extractor above, space for fridge freezer, space and plumbing for washing machine, part tiled walls and upvc double glazed window to the front.
Bedroom One 3.05m x 2.57m With fitted wardrobes, upvc double glazed window to the rear, radiator and power points.
Family Bathroom With fitted suite comprising, panelled bath with wall mounted shower and glass screen, low level wc, wash hand basin, part tiled walls and extractor fan.
Outside Communal grounds surround the block and there is allocated parking to the rear. Lease TBC Service charge and ground rent TBC
Value & comps
No previous sales on record.
Returns
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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 Sandown Drive, Bourne, Lincolnshire, PE10
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