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Willoughby Road, Bourne

East of England

£220,000
Listed on 10/11/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This two-bedroom bungalow offers a solid foundation for renovation and investment, situated in a desirable location that promises future growth. The entrance hallway welcomes you with its practical layout and easy access to roof storage, providing an opportunity for additional space if needed. The lounge measures 13' 1" x 12' 0", featuring a fireplace with a tiled surround that could potentially be restored, adding character and warmth. With windows positioned at both the front and side, this room benefits from ample natural light, creating an inviting atmosphere that can be enhanced through updates. Adjoining the lounge is the kitchen/diner, measuring 12' 7" max x 12' 3". It comes equipped with essential floor-standing and wall-mounted cupboards alongside a sink unit. This space has great potential for modernization or reconfiguration to create an open-plan design, catering to contemporary living preferences. A part-glazed door leads to an inner lobby that houses the gas central heating boiler, providing functional utility while allowing for further improvements. The first bedroom is comfortably sized at 11' 11" x 11' 2", complete with built-in wardrobes and a window overlooking the front garden. The second bedroom, measuring 8' 6" x 12' 8", also features built-in storage and a rear-facing window. Both rooms offer reasonable dimensions and light-filled spaces that could benefit from cosmetic upgrades. The shower room includes a corner shower cubicle with a curved glass screen, pedestal wash hand basin, low-level WC, and modern fixtures such as heated towel rail and ceramic floor tiles. While serviceable as is, there’s significant scope for enhancement to elevate its functionality. Sitting on a large corner plot with extensive outdoor potential, the property boasts well-planned gardens featuring block paving for off-road parking—accommodating several vehicles—and leading to a single garage with an up-and-over door. The rear garden features low-maintenance gravel while the side area presents a patch of lawn that could be further landscaped or transformed into outdoor living space. Overall, this property is ripe for investment or personal renovation, located in an area known for its growth prospects. With thoughtful updates and improvements throughout both the interior and exterior, this bungalow promises to be not just a home but also a strategic investment opportunity in today’s market.

Investment Analysis

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

Renovation Potential

Light Refurb
Est. Renovation Cost
£8,000 - £15,000
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

Willoughby Road, Bourne
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£806
Based on a loan of £165,000 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