2-bedroom flat · PE10 9HQ
For saleListed 28 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A piece of bourne history… Set within the characterful Wherry’s Mill, this two-bedroom ground-floor apartment combines a fantastic town-centre location with a building steeped in local history.
Once connected to Bourne’s historic corn trade, the mill was later converted into apartments, giving this historic building a new lease of life.
The property itself is presented in clean decorative order and benefits from allocated parking.
Located on Wherry’s Lane, you’re right in the heart of Bourne, with North Street, West Street and Abbey Road all within easy reach, alongside local shops, cafés, restaurants and everyday amenities.
Abbey Lawn, Bourne Wood and Toft Golf Course are also easily accessible.
Kitchen 7'11" x 10'1" (2.41m x 3.07m) Lounge / Diner 17'11" x 10'11" (5.46m x 3.33m) Master Bedroom 10'6" x 11'10" (3.20m x 3.61m) Bedroom Two 10'0" x 11'6" (3.05m x 3.51m) Lease Information Lease Length: 125 years from 2012 Approximately 109 years remaining Ground Rent: £125 per annum Maintenance Charge: £1,050 per annum A brilliant opportunity for first-time buyers, downsizers or investors looking for something a little different in the heart of Bourne.
Character. History. Location.
Images have been virtually furnished using ai Ai image disclaimer: Some marketing images have been digitally enhanced and/or virtually furnished using artificial intelligence for illustrative purposes.
Furniture, furnishings, accessories and decorative items shown may not be physically present at the property and are not included in the sale.
The underlying room dimensions, layout and permanent features should be verified during a physical viewing.
Prospective buyers should not rely solely on digitally enhanced images when making purchasing decisions.
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
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FAQ
About Wherrys Mill, 43,Apartment 1, Wherrys Lane, Bourne
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