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See how verdicts work2-bedroom flat · PE10 0QB
For saleListed 493 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Accommodation The main front door gains access to the communal hallway and stairs to the second floor.
Entrance door to apartment 34, Hallway, door answer phone, storage cupboard, airing cupboard housing hot water tank, wall mounted electric heater.
Lounge 11' 11" x 18' 1" (3.63m x 5.51m) TV point, telephone point, wall mounted electric heater, window to front, open through to Kitchen.
Bedroom 2 9' 2" x 10' 4" (2.79m x 3.15m) Wall mounted electric heater, window to side.
Kitchen 8' 0" x 8' 7" (2.44m x 2.62m) Fitted wall mounted and floor standing white fronted cupboards with complimentary fitted worktops and splash backs, four ring electric hob with extractor fan over, electric oven, integrated washer/dryer, space under worktop for fridge/freezer, ceramic floor tiles, inset ceiling spot lights.
Bathroom Panelled bath with mixer shower attachment and glass screen, pedestal wash hand basin, low level WC with concealed flush, complimentary splash back tiling, tiled flooring, chrome heated ladder towel rail, electric shaver point, extractor fan, inset ceiling spot lights.
Externally This apartment benefits from an allocated off road parking space which is located directly behind the block of apartments.
As you look at the car park from the road the parking space is the second one in on the right hand side.
Bedroom 1 10' 5" x 10' 2" (3.17m x 3.10m) Built in wardrobe, TV point, telephone point, window to side, wall mounted electric heater.
AGENTS NOTE This second floor apartment benefits from a long remaining lease of approximately 100 years.
The current ground rent as per January 2025 is £125 per annum and the current service charges as per January 2025 is £1080 per annum.
The Elsea Park Community Trust fund fee is approximately £300 per annum. All of these can be paid monthly.
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.
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FAQ
About The Pollards, Bourne
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