Worst House on the Street Logo
Fir Avenue, Bourne, Lincolnshire, PE10 - Image 1
Fir Avenue, Bourne, Lincolnshire, PE10 - Image 2
Fir Avenue, Bourne, Lincolnshire, PE10 - Image 3
Fir Avenue, Bourne, Lincolnshire, PE10 - Image 4
Fir Avenue, Bourne, Lincolnshire, PE10 - Image 5
Fir Avenue, Bourne, Lincolnshire, PE10 - Image 6
Fir Avenue, Bourne, Lincolnshire, PE10 - Image 7
Fir Avenue, Bourne, Lincolnshire, PE10 - Image 8
Fir Avenue, Bourne, Lincolnshire, PE10 - Image 9
Fir Avenue, Bourne, Lincolnshire, PE10 - Image 10
Fir Avenue, Bourne, Lincolnshire, PE10 - Image 11

Fir Avenue, Bourne, Lincolnshire, PE10

East of England

£365,000
Listed on 03/11/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1761 sqft

Description

This four-bedroom detached bungalow presents an exceptional opportunity for renovation and investment, nestled on an expansive plot that provides ample room for extension (subject to planning permission). The property is situated in a desirable area, conveniently located near Bourne Woods and the town center, making it ideal for both residential living and potential rental income. The layout includes a spacious lounge, a family room, and a dining area that offer flexible living options. The kitchen is complemented by a utility porch, enhancing practicality. The master bedroom features a charming bay window with garden views, while three additional bedrooms provide versatility for various uses, such as guest quarters or office space. A wet room and separate WC add convenience to the layout. Outside, the property boasts a generous driveway with sufficient off-road parking leading to a single garage that could be transformed into a double garage with the right approvals. The well-maintained garden is adorned with established trees and shrubs, creating a pleasant outdoor space that can be further developed to suit personal preferences. Access to West Road enhances the property's appeal, offering easy connectivity. With its solid foundation and prime location, this bungalow holds significant potential for transformation into a modern family home or an investment property. It invites innovative minds to reimagine its spaces while enjoying the benefits of an attractively located setting.

Investment Analysis

(PE10 area)

Below Market Value

This property is priced -17.8% below area average per sq ft

-17.8%
Potential saving
This Property
£207/sq ft
Area Average
£252/sq ft
Avg Rent (weekly)
£228
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£488,149
10% above area average per sq ft
Potential ROI
+17.6%
After renovation
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

Fir Avenue, Bourne, Lincolnshire, PE10
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,337
Based on a loan of £273,750 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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