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See how verdicts work3-bedroom terraced house · PE10 9LT
For saleReduced £5k (−2.2%) on 24 OctListed 41 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious three-bedroom end-terraced home offers approximately 1,065 sq ft of well-proportioned accommodation arranged over two floors, making it an ideal family home with plenty of living space.
On entering the property, you are welcomed into a large living room measuring approximately 23'11" x 12'2", providing an excellent space for relaxing, entertaining and family life.
The generous proportions allow for a variety of furniture layouts and create a comfortable central hub within the home.
To the rear of the ground floor is a separate dining room, measuring approximately 10'4" x 8'2", positioned alongside the kitchen, which measures approximately 13'3" x 8'2".
The layout provides a practical combination of cooking, dining and entertaining spaces. Upstairs, the property benefits from three well-proportioned bedrooms.
The principal bedroom measures approximately 12'11" x 12'1", while Bedroom Two offers an impressive 13'7" x 5'8" and Bedroom Three measures approximately 12'11" x 8'3".
This provides excellent flexibility for families, guests, a home office or additional storage.
The first floor is completed by a good-sized family bathroom, together with a central landing providing access to all three bedrooms.
Being an end-terraced property, the home offers additional privacy and benefits from its position within the terrace.
Externally, the property also benefits from outdoor space, providing an opportunity for gardening, outdoor dining and enjoying the warmer months.
Situated on South Street in Bourne, Lincolnshire, the property is ideally positioned for access to the town's range of everyday amenities, schools, shops and local facilities.
Property Ownership Information Tenure Freehold Council Tax Band B Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 24-26, South Street, Bourne
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