We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom detached house · PE10 9WS
Sold STCListed 198 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** THREE BEDROOM DETACHED HOUSE *** Available on the popular buying scheme SHARED OWNERSHIP.
The property comprises of Lounge, kitchen diner, cloakroom, three bedrooms, master with ensuite, family bathroom, enclosed rear garden and GARAGE. EPC rating: B.
Tenure: Leasehold, Additional liabilities or obligations: In addition to the rent above, the monthly payment to the landlord includes: Service charge £7.97 Estate charge £0.00 Buildings insurance £10.11 Management fee £25.95 Total monthly payment excluding rent £44.03 , Property Summary This well-presented detached house situated in May's Place, Bourne, Lincolnshire, offers comfortable and modern accommodation suitable for a range of lifestyles.
The property is advertise on a 40% shared ownership basis, representing an excellent opportunity to enter the property market with the full house valued at £280,000.
The accommodation comprises three bedrooms, delivered with a thoughtful layout to maximise space and functionality. There are two bathrooms, ensuring convenience for residents and guests alike.
The main public room is well proportioned, providing a flexible space for relaxation or entertaining.
Gas central heating serves the property, contributing to warmth and efficiency throughout the year.
Externally, the house boasts a private garden, enhancing the appeal for those who enjoy outdoor living or gardening.
Parking is readily available via a garage and driveway, delivering security and ease of access. The property is offered on a leasehold basis.
Monthly Rental Figures Share Value Monthly Rent Share Share Purchase Price Monthly rent 10% £28,000.00 £577.50 25% £70,000.00 £481.25 30% £84,000.00 £449.17 40% £112,000.00 £385.00 50% £140,000.00 £320.83 60% £168,000.00 £256.67 70% £196,000.00 £192.50 75% £210,000.00 £160.42 Monthly Charges In addition to the rent above, the monthly payment to the landlord includes: Service charge £7.97 Estate charge £0.00 Buildings insurance £10.11 Management fee £25.95 Total monthly payment excluding rent £44.03 Belvoir Disclaimer Every care has been taken with the preparation of these Particulars but complete accuracy cannot be guaranteed.
If there is any point, which is of particular importance to you, please obtain professional confirmation. All measurements quoted are approximate.
These Particulars do not constitute a contract or part of a contract
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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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.
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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.
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FAQ
About Thomas Mee Way, May's Place, Bourne, PE10
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