2-bedroom semi-detached house · PE10 9AX
Sold STCListed 35 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Rosedale Property Agents are delighted to offer to the market this charming character property, ideally located within easy reach of Bourne town centre and local schools.
This two double bedroom home boasts a wealth of original features, including quarry tiled flooring and a small cellar.
The property also benefits from a generous rear garden with hardstanding, providing additional parking space - ideal for a caravan or motorhome.
The ground floor accommodation comprises two traditional reception rooms, a galley kitchen, utility room, and cloakroom.
Upstairs, there are two double bedrooms, an en-suite, and a separate shower room.
Externally, the property offers a driveway providing off-road parking to the front, along with a well-maintained rear garden featuring a brick-built storage shed and gated vehicle access.
Entrance Hall - Quarry tiled floor, storage cellar. Lounge - 14' 3" into bay x 12' 0" (4.34m x 3.66m) (approx.) UPVC double glazed bay window to front aspect, wood burner, radiator.
Dining Room - 11' 11" x 11' 11" (3.63m x 3.63m) (approx.) UPVC double glazed window to side and rear aspect, Quarry tiled floor, radiator.
Kitchen - 9' 10" x 7' 1" (3.00m x 2.16m) (approx.) Fitted with a range of base, drawer and wall mounted units, enamel sink with mixer tap over, black fitted worktops, integrated oven with gas hob, tiled floor, UPVC double glazed window to side aspect, stable doors to side.
Utility Room - 7' 3" x 8' 7" (2.21m x 2.62m) (approx.) Fitted with a range of base, drawer and wall mounted units, plumbing for washing machine, plumbing for dishwasher, space for tumble dryer, tiled floor, part tiled splash backs, space for fridge/freezer.
Cloakroom - Fitted with a two piece suite comprising low level WC, wash hand basin, half tiled, UPVC double glazed window to side aspect. Landing - UPVC double glazed window to side aspect, radiator.
Bedroom One - 12' 0" x 12' 0" (3.66m x 3.66m) (approx.) UPVC double glazed window to rear aspect, radiator.
Ensuite - Fitted with a four piece suite comprising bath, shower cubicle, wash hand basin, low level WC, tiled floor, loft access, part tiled, cupboard housing boiler, heated towel rail, UPVC double glazed window to side aspect.
Bedroom Two - 12' 0" x 11' 11" (3.66m x 3.63m) (approx.) UPVC double glazed window to front aspect, radiator.
Shower Room - Fitted with a two piece suite comprising shower cubicle with electric shower, wash hand basin, three quarters tiled.
Outside - Front: Off road parking.Rear: Laid to lawn with patio area, pergola, shed, enclosed by fencing and gated vehicle access.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Gladstone Street, Bourne, Lincolnshire
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