1-bedroom flat · PE10 0WP
No longer listedListed 36 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This bright and airy 1 bedroom top floor apartment is on a modern development site just south of the historic market town of Bourne. Available unfurnished but includes white goods to the kitchen.
You access the apartment (part of a purpose built block) via intercom security entry system and follow the stairs of the well maintained communal areas to the 2nd floor.
The entrance hall leads to a double bedroom with fitted wardrobes. There is a good size bathroom which has a refreshing white 3 piece bath suite and shower over bath.
A useful storage cupboard is on your right just before entering a spacious and light living room. The open plan kitchen/living room boasts plenty of room for modern furniture.
The kitchen is well equipped and includes a fitted electric oven, fridge/freezer and a washer/dryer. Double glazed sealed units provide warmth and keep your energy bills low.
One allocated parking space is available to the rear of the block in the communal parking area.
Council Tax Band A EPC Rating C Location Elsea Park is a new development site which has something for everyone. There is fantastic local facilities including leisure centre, gyms and supermarkets.
You can also enjoy the nearby countryside or visit the ancient 400 acre woods for a walk or cycle.
The thriving town of Bourne is within walking distance or simply hop onto a bus which regularly stops throughout the day just a short distance from the apartment.
The vibrant city of Peterborough is close by which is home to a range of bars, restaurants and Peterborough Cathedral.
Our View This apartment shouts out for a single or a professional couple looking to rent in a desirable area of Bourne. It is generous in size (approximately 485 sq.
Ft.) and provides a clean modern home whilst having all the amenities you require on your doorstep for a fast paced and full of action lifestyle.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 40, Sandown Drive, Bourne
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