2-bedroom flat · PE9 2AS
Listing removedListed 48 days
Opportunity summary
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About
*ideal first time/investment buy * two bedrooms, en-suite to master, open plan fitted modern kitchen/living room, bathroom, allocated parking, walking distance to the picturesque market town of stamford, no onward chain.
Leaders are delighted to offer for sale this well presented two bedroom first floor apartment situated in the popular Bowman Mews development within walking distance to the picturesque market town of Stamford.
The property is being sold with no onward chain and briefly comprises, communal entrance with security entry phone system, entrance hall, two bedrooms, master with en-suite shower room, open plan fitted kitchen/living room and bathroom.
The property also comes with allocated parking for one car Communal Entrance Entered by security entry phone system, stairs to first floor landing.
Entrance Hall Security entrance phone, wood laminate flooring, radiator, storage cupboard housing fuse box, doors to Bedrooms, Bathroom and Living Room.
Living Room Open Plan To Kitchen (7.24m x 3.84m) Lounge Area Double glazed uPVC Georgian style window to rear, wood laminate flooring, radiator, tv point, open to: Kitchen Area Continuation of wood laminate flooring and in a range of contemporary style eye and base level units with single bowl and drainer stainless steel inset sink unit with mixer tap and base units below, work surface areas with further base units below.
4 ring gas hob with chimney extractor and glass splashback, integrated dishwasher, washing machine and fridge freezer, cupboard housing gas fired boiler, double glazed uPVC Georgian style windows to front and rear, radiator Master Bedroom (3.53m x 2.82m) Double glazed uPVC Georgian style window to front, 2 built in double wardrobes, telephone point, TV point, radiator.
Door to En-suite.
Ensuite Shower Room Comprising tiled shower cubicle with shower, 2 button flush low level WC, wash hand basin with mixer tap, heated towel rail, tiled flooring, double glazed uPVC frosted Georgian style window to side.
Bedroom 2 (2.97m x 2.87m) Double glazed uPVC Georgian style window to rear, airing cupboard housing hot water tank, radiator, telephone point Bathroom In a matching white suite comprising panelled enclosed bath with shower attachment and mixer tap, 2 button flush low level WC, wash hand basin with mixer tap, heated towel rail, tiled floor.
Outside Allocated parking for one car Length Of Lease We have been informed by the current owner the remaining length of lease is 113 years Maintenance And Ground Rent We have been informed by the current owner that the maintenance charge is £110 per month and the ground rent is £125 per annum Agents Notes We understand the freeholder restricts the right to allow purchases for the purpose of Air BnB
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 9, Bowman Mews, Lincolnshire
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