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Austerby Close, Bourne, PE10

East of England

£175,000
Listed on 21/02/2026

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This semi-detached property is positioned on a corner plot in the heart of Bourne, making it an attractive option for investors or first-time buyers. While the home is generally well-presented, it would benefit from updates to truly maximize its potential. The layout includes a practical entrance hall leading into a kitchen at the front and a spacious lounge/diner at the rear, which opens directly to the garden. Upstairs features two bedrooms and a family bathroom, providing ample living space. The property also boasts a driveway and single garage for convenient parking alongside a fully enclosed rear garden that offers outdoor relaxation space. Given its central location and the absence of any onward chain, this property holds excellent investment appeal for those looking to add value through renovation.

Investment Analysis

(PE10 area)
Area Average
£249/sq ft
Avg Rent (weekly)
£229
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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
30%
Properties sold annually

Local Market Trend (PE10)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -0.2%
5 year growth: +10.6%
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

Austerby Close, Bourne, PE10
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£631
Based on a loan of £131,250 over 30 years at 4.06% 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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