2-bedroom flat · PE10 0GR
Sold STCListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***25% SHARED OWNERSHIP*** Rosedale Property Agents are delighted to offer to the market this very well laid out ground floor flat within walking distance to local supermarkets.
The property is being sold with no onward chain and an allocated parking space. The property comprises of entrance hall, lounge, kitchen/breakfast, two bedrooms and a family bathroom.
The property is well maintained and ready to move into. To fully appreciate this property viewings are highly recommended. EPC Energy Rating C/Council Tax Band A.
Entrance Hall - Cupboard and laminate flooring. Inner Hall - Radiator and telephone intercom.
Kitchen - 10' 5" x 8' 0" (3.17m x 2.44m) (approx.) Fitted with a range of base and eye level units, stainless steel sink unit with mixer tap, integrated oven, hob, extractor fan, part tiled walls, plumbing and space for washing machine, dishwasher space, fridge freezer space, radiator and UPVC window to rear.
Lounge - 16' 6" x 11' 10" (5.03m x 3.61m) (approx.) UPVC glazed door to Juliet balcony and UPVC window to front.
Bedroom One - 14' 11" x 9' 6" (4.55m x 2.90m) (approx.) UPVC window to front, radiator and double built in wardrobe.
Bedroom Two - 10' 5" x 9' 6" (3.17m x 2.90m) (approx.) UPVC window to rear and radiator.
Bathroom/Shower Room - Fitted with a three piece suite comprising WC, wash hand basin and double shower cubicle, part tiled walls and heated towel rail. Outside - Allocated parking space.
Agents Note - The floorplan is for illustrative purposes only. Fixtures and fittings may not represent the current state of the property.
Not to scale and is meant as a guide only.Information obtained by the owners:This property has a total monthly rent and service charge of £421.37Lease remaining - 83 Years.
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.
Area
Agent & docs
FAQ
About Falcon Way, Bourne
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