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Stephenson Way, Bourne, PE10

East of England

£275,000
Listed on 15/01/2026

Property Details

Bedrooms
3
Type
Detached house

Description

This detached home presents an exciting opportunity for those looking to invest in a property with significant potential for enhancement and personalization. Nestled in a desirable area of Bourne, the house is set back from the road and boasts a generous plot size. The interior includes three spacious bedrooms and a family bathroom on the upper floor. The ground floor features an inviting entrance hall, a large lounge/dining room, a kitchen, a utility room, and a convenient cloakroom. Outside, you will find front and rear gardens along with ample off-road parking that leads to a single garage. While the home is currently in need of modernisation throughout, its favourable location and layout make it ideal for creating your long-term family residence. Viewing is strongly encouraged to fully grasp the extensive renovation possibilities available.

Investment Analysis

(PE10 area)
Area Average
£251/sq ft
Avg Rent (weekly)
£225
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
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
22%
Properties sold annually

Local Market Trend (PE10)

Area prices are stable by +0.4% over the last 12 months
3 year growth: 0.1%
5 year growth: 11.9%
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

Stephenson Way, 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.

Next Steps

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