1-bedroom flat · PE10 9DW
For saleListed 288 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GROUND FLOOR ACCOMMODATION Front door to spacious Entrance Hallway: Inset floor mat, radiator, life line telephone, large walk in storage cupboard, wall mounted thermostatic heating control.
KITCHEN/DINER 9' 1" x 14' 2" (2.77m x 4.32m) Fitted wall mounted and floor standing cream fronted cupboards including three drawers, complimentary fitted worktops and splash backs, inset one and a quarter bowl stainless steel sink and drainer with mixer taps, four ring gas hob chrome extractor canopy over, eye level electric oven, integrated fridge and freezer, space and plumbing for automatic washer/dryer which is included in the sale, wooden effect vinyl flooring, radiator.
SHOWER ROOM 4' 5" x 7' 10" (1.35m x 2.39m) Corner shower cubicle with glass sliding doors, pedestal wash hand basin, low level WC, complimentary splash back tiling, wooden effect vinyl flooring, electric shaver point, extractor fan, radiator.
LOUNGE 11' 7" x 13' 11" (3.53m x 4.24m) TV point, telephone point, radiator, French Doors opening to patio seating area.
BEDROOM 1 11' 4" x 11' 1" (3.45m x 3.38m) TV point, telephone point, radiator, built in deep wardrobe, window to rear overlooking communal gardens.
EXTERNALLY GARDEN All properties on The Croft benefit from well kept communal gardens with well stocked flower and shrub borders. There are several bin storage areas throughout the development.
Parking is located in several communal carparks and there is ample parking for residents and their visitors.
AGENTS NOTE The Croft is a purposely built over 55's development located in a popular location close to Bourne town centre and all the local amenities.
There is a long remaining lease of approximately 105 years. The monthly maintenance fee and ground rent is £209.52 per calendar month.
This includes: * Buildings Insurance * Upkeep of communal areas * Annual Boiler Check * Life Line Telephone.
* Use of The Manor House, including several communal lounges, a large kitchen and a free laundrette.
There is also a visitors suite in The Manor House which guests can hire for an additional small fee.
Please be advised that the scheme is designed for Independent Retirement Living and no care or assistance is provided by Amplius.
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.
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