2-bedroom bungalow · PE10 9QU
Sold STCListed 70 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a quiet cul-de-sac within easy walking distance of Bourne town centre, this two-bedroom detached bungalow occupies an attractive corner plot and offers spacious accommodation with plenty of potential for a purchaser looking to update and improve a home to their own taste.
The accommodation is arranged around a central entrance hall and includes a generous lounge enjoying plenty of natural light, together with a kitchen/diner overlooking and providing access to the rear garden.
There are two well-proportioned bedrooms and a family bathroom, with the property offering a practical and versatile layout throughout.
Outside, the bungalow is particularly well served by its established corner plot, with mature trees, shrubs and planting providing a good degree of privacy.
The gardens offer plenty of scope for landscaping and creating an impressive outside space, while a driveway leads to the attached single garage, providing useful parking and storage.
Although the property would benefit from modernisation and updating, it represents an excellent opportunity for buyers looking to create a home to their own specification in a well-established and convenient location.
With its detached design, generous plot, garage and proximity to Bourne town centre, this is a bungalow with considerable potential and viewing is highly recommended.
Porch Entrance Hall Loft access, radiator, power points Lounge 4.34m x 3.45m UPVC double glazed window to the front and side, gas fire, power points, tv point Kitchen/Diner 3.78m x 3.6m Good range of wall and base units, sink with mixer tap and draining board, space for free standing fridge/freezer, space for washing machine, space for oven with extractor over, radiator, power points, patio doors onto the rear garden, UPVC double glazed window to the side Bedroom One 3.8m x 3.4m UPVC double glazed window to the rear, power points, radiator, built in wardrobes Bedroom Two 3.4m x 2.97m UPVC double glazed window to the front, power point, radiator and built in units Family Bathroom Three piece suite comnprising, low level WC, wash hand basin, panelled bath with electric shower over, radiator, airing cupboard housing wall mounted boiler, UPVC double glazed frosted window Outside To the front of the property there is a lawned garden with footpath leading to the front door and a driveway leading to a single garage that has power and light.
The rear garden is a particular feature of the property, being a corner plot with mature shrubs and tree borders, a gate providing side access and fencing to all sides providing an excellent degree of privacy perfect for entertaining.
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
Agent & docs
FAQ
About Godiva Crescent, Bourne, Lincolnshire, PE10
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