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Haconby Lane, Bourne, PE10

East of England

£275,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1290 sqft

Description

Located in the sought-after village of Morton, this three-bedroom detached bungalow presents a promising opportunity for renovation and investment. The property features three generously sized double bedrooms, a reception room, and a garage, complemented by off-road parking suitable for multiple vehicles. A utility room and a private rear garden that offers seclusion further enhance its appeal. The front garden is framed with mature hedges, ensuring privacy and enhancing curb appeal. Upon entering, you'll find a spacious porch leading into a welcoming entrance hall. The lounge benefits from large PVC windows that flood the space with natural light. Bedrooms One and Three are nicely proportioned, while Bedroom Two includes sliding glass doors opening to an expansive sunroom—an ideal space that could be transformed into a more integrated living area connecting to the garden. The kitchen/diner offers potential for modernization with its existing wall and base units, providing ample room for both cooking and dining. Additionally, the utility room provides extra convenience and storage solutions. The family bathroom has basic fixtures but could benefit from updates to modernize its look. Externally, the rear garden is private and features both lawn and patio areas ripe for reimagining into an outdoor retreat. This property presents numerous opportunities for enhancement or reconfiguration to maximize living space in this desirable location.

Investment Analysis

(PE10 area)

Below Market Value

This property is priced -15.4% below area average per sq ft

-15.4%
Potential saving
This Property
£213/sq ft
Area Average
£252/sq ft
Avg Rent (weekly)
£228
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£357,588
10% above area average per sq ft
Potential ROI
+13.5%
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

Haconby Lane, 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
£1,007
Based on a loan of £206,250 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