1-bedroom flat · PE10 9EN
For saleListed 38 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity for first-time buyers, downsizers or investors, this well-proportioned one-bedroom ground-floor apartment is ideally situated in the heart of Bourne Town Centre.
The property opens into a central entrance hall, providing access to all principal rooms.
At the heart of the home is a generous lounge/diner, offering a bright and versatile space ideal for both relaxing and entertaining, with the added benefit of a useful built-in storage cupboard.
The separate, newly fitted kitchen has been thoughtfully designed to maximise both functionality and workspace, and is fitted with an integrated hob and oven.
The spacious double bedroom benefits from attractive double doors opening directly onto the rear of the property, providing convenient access to the outside space.
A modern, fully tiled shower room completes the accommodation, featuring a large walk-in shower enclosure, low-level WC and wash hand basin with a washing machine conveniently positioned beneath.
Externally, the property benefits from highly sought-after off-road parking — a particularly valuable feature for a home located in the town centre.
To the rear, residents can enjoy access to a well-maintained communal garden, providing a pleasant outdoor space to relax and unwind.
A further significant advantage is the property's exceptionally economical running costs.
The apartment is offered with no monthly service charge and no ground rent, with only a shared contribution towards the annual buildings insurance required.
Combining a central location, practical accommodation, private parking and exceptionally low ongoing costs, this property represents an attractive opportunity for a range of buyers.
EPC Rating: C Lounge Diner 4.42m x 4.19m Kitchen 2.82m x 1.84m Shower Room 1.75m x 2.43m Bedroom 2.82m x 3.61m Parking - Driveway
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 Abbey Road, Bourne, PE10
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