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Main Road, Dyke, Bourne, PE10

East of England

£195,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This charming semi-detached cottage, originally built in 1912, is situated in a picturesque village, offering a unique opportunity for renovation and investment. Surrounded by open fields, the property boasts captivating views and retains several period features that could be beautifully integrated into modern living spaces. Inside, the layout provides a functional starting point for updates. The lounge features a fireplace and flows into the dining room, both benefiting from natural light through multiple windows. The kitchen is equipped with essential fixtures but is ready for modernization to meet contemporary standards. Adjacent to it, you'll find a utility area that offers additional practical space. The three bedrooms include two generous-sized rooms with original fireplaces and one smaller room accessed through bedroom two—ideal for a child's room or home office. The bathroom, while serviceable, holds potential for an upgrade to create a more modern sanctuary. Externally, the property includes a rear garden primarily laid to lawn with various mature shrubs, providing an inviting outdoor space. Notably, there are two small outbuildings directly behind the house along with a derelict piggery at the end of the garden. These structures present exciting possibilities for conversion into functional spaces such as a studio or garden retreat. Located in a tranquil village setting, this cottage is perfect for those looking to invest in character-filled property with significant potential. With some renovation work and creativity, this home can be transformed into a bespoke residence tailored to modern tastes while preserving its historic charm.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
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

Main Road, Dyke, 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
£714
Based on a loan of £146,250 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