2-bedroom flat · PE10 9PP
Sold STCListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Rosedale Property Agents are pleased to offer to the market this two bedroom ground floor flat located in the centre of Bourne within walking distance to shops, post office and many more local amenities.
The accommodation on offer is deceptively spacious with an entrance hallway, lounge, kitchen breakfast room, two bedrooms and shower room. Outside there are communal gardens.
The property is being sold with NO ONWARD CHAIN and would be ideal for any retired couple. "Deceptively spacious flat in a central town location" Entrance Hall - Double cupboard and radiator.
Kitchen / Breakfast Room - 14' 6" x 8' 5" (4.42m x 2.57m) (approx.) Fitted with a range of wall and base units with work surfaces over, stainless steel sink unit, part tiled walls, space for cooker, wall mounted gas boiler, space for fridge / freezer, plumbing for washing machine and tumble dryer and UVPC double glazed window to side aspect.
Lounge - 13' 4" x 11' 5" (4.06m x 3.48m) (approx.) UPVC double glazed window to rear and side aspect and radiator.
Bedroom 1 - 13' 6" x 10' 1" (4.11m x 3.07m) (approx.) UPVC double glazed window to rear aspect and radiator.
Bedroom 2 - 8' 7" x 8' 5" (2.62m x 2.57m) (approx.) UPVC double glazed window to side aspect and radiator.
Bathroom - Fitted with a three piece suite comprising low level W/C, wash hand basin and shower cubicle. Fully tiled walls, tiled flooring, radiator and UPVC double glazed window to front aspect.
Outside - There are communal gardens. Agents Note: The vendor informs us of the following: The lease has 125 years commencing 27th February 1989.
Annual Service Charge - £167.06 Annual Ground Rent - £10.
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
FAQ
About Manor Court, Bourne
Explore nearby
