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 work2-bedroom bungalow · PE10 9JF
Sold STCReduced £10k (−3.8%) on 26 OctListed 237 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with no onward chain, this two bedroom detached bungalow occupies a generous plot and benefits from a large South-East facing rear garden, ideal for keen gardeners or those who enjoy outdoor living.
The property offers deceptively spacious accommodation comprising an entrance hall, lounge overlooking the front, kitchen/dining room with access through to a garden room, two well-proportioned bedrooms and a family bathroom.
Further benefits include gas central heating and UPVC double glazed windows. Outside, there is a block paved and gravelled driveway providing ample off-road parking leading to a 23ft garage.
The large established rear garden is a particular feature of the property, being well stocked with mature trees and shrubs, offering a good degree of privacy and providing an excellent space for relaxing or entertaining.
Early viewing is highly recommended.
Entrance Hall With radiator, power points and door leading to: Lounge 4.1m x 3.89m With feature fireplace, upvc double glazed window to the front, radiator, power points and door leading to: Kitchen/Dining Room 4.9m x 2.8m With fitted units comprising, sink with cupboard below, good range of wall and base units, space for cooker, space and plumbing for washing machine, space for fridge freezer, cupboard with space for tumble dryer, radiator, power points, upvc double glazed window to the rear, door to the inner hall and door leading to: Garden Room 3.68m x 3.18m Being half brick with windows and door onto the rear garden, door to the garage, radiator and power point.
Inner Hall With doors to: Bedroom One 3.56m x 2.92m With built in wardrobes, further built in storage, upvc double glazed window to the front, radiator and power points.
Bedroom Two 3.23m x 2.6m With upvc double glazed window to the rear, radiator and power points.
Bathroom With panelled bath with wall mounted shower, low level wc, wash hand basin, radiator and frosted window.
Outside To the front there is a block paved and gravelled driveway providing off road parking and access to the garage.
The rear garden is Sout East facing with a paved patio leading to a generous lawned garden with wide selection of shrubs and trees providing an excellent degree of privacy.
Garage 6.93m x 2.51m With double opening doors, wall mounted gas boiler supplying hot water and central heating, power and light.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Drummond Road, Bourne, Lincolnshire, PE10
Explore nearby
