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Burghley Street, Bourne, PE10 - Image 1
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Burghley Street, Bourne, PE10

East of England

£245,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This detached bungalow offers a prime opportunity for renovation or investment, situated in the heart of Bourne. The property features two bedrooms and presents a blank canvas for those looking to add their personal touch. While some updating is needed, recent improvements include the installation of replacement UPVC windows and doors, as well as a new boiler that is approximately one year old. The absence of an onward chain simplifies the purchasing process. Inside, the layout includes a spacious lounge/diner measuring approximately 17'10" by 14'2", which is filled with natural light from two front-facing UPVC windows. The kitchen/breakfast room, measuring about 14'2" by 9'10", is equipped with essential fittings and plumbing for appliances, making it suitable for future enhancements. The two bedrooms provide comfortable living spaces—Bedroom One is approximately 14'6" by 9'8" and offers views to the rear and side, while Bedroom Two measures about 10'6" by 9'7" with dual aspect windows. A family bathroom completes the interior with a three-piece suite that includes an electric shower over the bath. Externally, the property boasts a predominantly tarmacked and concrete garden area, enclosed with walling and fencing for privacy. The double-gated entrance provides ample off-road parking options alongside a single garage. This outdoor space presents potential for landscaping or expansion—a valuable asset in enhancing both functionality and appeal. Given its central location within Bourne, this bungalow not only offers immediate residential comforts but also significant investment potential for those willing to undertake renovations. Viewings are encouraged to fully appreciate what this property has to offer. Council Tax Band: B, EPC Energy Rating: D.

Investment Analysis

(PE10 area)
Area Average
£252/sq ft
Avg Rent (weekly)
£228
Avg Yield
4.4%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £12,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (PE10)

Area prices are rising by +2.1% over the last 12 months
3 year growth: 1.5%
5 year growth: 15.6%
Investment Disclaimer: Analysis based on PE10 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Burghley Street, Bourne, PE10
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£897
Based on a loan of £183,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE