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Dovecote Estate, Rippingale, Bourne, PE10

East of England

£170,000
Listed on 17/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
873 sqft

Description

Nestled in the charming village of Rippingale, this three-bedroom semi-detached home presents a unique opportunity for renovation and investment. The property features a functional layout that is ready for modernization, making it an attractive option for families and first-time buyers, or those looking to enhance their real estate portfolio. Upon entry, a welcoming hallway leads to various living spaces, including a spacious lounge adorned with large PVC windows that fill the room with natural light. A cozy log burner adds character and warmth, while the laminate flooring provides a practical base for everyday living. Adjacent to the lounge is the kitchen/diner, which boasts contemporary grey cabinetry and ample work surfaces. This space has the potential for reconfiguration or updating to create a more open-plan living area. French doors from the kitchen provide convenient access to the expansive rear garden. Upstairs, the property accommodates three well-sized bedrooms, two of which are generous doubles, along with a family bathroom featuring essential amenities including a bath with an overhead shower. With thoughtful updates, these areas could be transformed to suit modern tastes. The exterior offers substantial appeal as well, with a gravelled driveway providing off-road parking for multiple vehicles. The fully enclosed rear garden is particularly noteworthy; its generous size allows for various landscaping ideas or potential extensions (subject to planning permission), maximizing both outdoor enjoyment and future investment value. Overall, this property combines functionality with significant renovation potential in a desirable location—making it an excellent canvas for anyone looking to invest or create their dream home. The EPC rating is F.

Investment Analysis

(PE10 area)

Below Market Value

This property is priced -22.7% below area average per sq ft

-22.7%
Potential saving
This Property
£195/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
£241,996
10% above area average per sq ft
Potential ROI
+27.4%
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

Dovecote Estate, Rippingale, 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
£623
Based on a loan of £127,500 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