2-bedroom terraced house · PE10 0BG
Sold STCListed 76 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the popular Elsea Park development in Bourne, this well-presented two-bedroom end-terrace home offers well-balanced accommodation across two floors, making it an ideal purchase for first-time buyers, investors or those looking to downsize.
The ground floor comprises an entrance hall with cloakroom, a fitted kitchen and a spacious lounge/diner with French doors opening onto the rear garden.
Upstairs, there are two double bedrooms, with the principal bedroom benefiting from an en-suite shower room, alongside a separate family bathroom.
Externally, the property offers an enclosed rear garden and allocated parking to the front.
Conveniently positioned for local amenities and schools, this is a practical home in a well-established residential location. To arrange a viewing call
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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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 Folkestone Close, Bourne, Lincolnshire, PE10
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