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Fen Road, Bourne, PE10

East of England

£215,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
813 sqft

Description

Nestled in the charming village of Dowsby, this three-bedroom end-of-terrace home presents a compelling opportunity for both families and investors. With its characterful features and spacious layout, the property is primed for modernization, making it an ideal candidate for renovation projects that can significantly enhance its value. Entering the home, you are greeted by a bright entrance hall that sets the tone for the generous living spaces within. The lounge, located to the right, benefits from large PVC windows that allow plenty of natural light to fill the room, creating a welcoming atmosphere. At the rear of the property, you'll find the kitchen/diner equipped with wooden base and wall-mounted units, providing ample work surface area along with space for essential appliances. This area not only has potential for cosmetic upgrades but also scope for reconfiguration, particularly if you envision an open-plan design. The family bathroom features a four-piece suite—comprising a shower cubicle, bath, WC, and hand wash basin—which offers a solid foundation for further improvements or expansion if desired. Upstairs accommodates three well-sized bedrooms; two of them are doubles. The principal bedroom comes with built-in storage solutions, optimizing space. While currently functional, these rooms present opportunities for refreshing decor or redesigning to meet modern taste and needs. The exterior of the property includes a front garden primarily laid to lawn and a generously sized rear garden that is fully enclosed. This outdoor space combines areas of lawn and patio—perfect for landscaping ventures or simply enhancing usability through thoughtful design. With its advantageous location in Dowsby and considerable potential for renovation, this property stands as an attractive investment prospect or as a future family home that can evolve to your personal touch over time.

Investment Analysis

(PE10 area)

Above Market Value

This property is priced +4.9% above area average per sq ft

+4.9%
This Property
£264/sq ft
Area Average
£252/sq ft
Avg Rent (weekly)
£228
Avg Yield
4.4%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£225,364
10% above area average per sq ft
Potential ROI
-4.1%
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

Fen Road, 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
£788
Based on a loan of £161,250 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