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South Street, Bourne, PE10

East of England

£150,000

Listed on 16/05/2026

Property Details

Bedrooms
2
Type
Detached

Description

This distinctive Grade II listed detached property presents a unique investment opportunity in the heart of Bourne. Dating back to at least the 19th century, this building showcases striking Gothic architectural elements including corner turrets and lancet-style leaded windows, encapsulating a rich historical character. While essential restoration has been initiated, significant work remains outstanding, making this an exciting project for those with innovative ideas. The existing layout features two double bedrooms and a family bathroom on the upper floor, along with a spacious entrance hall, lounge with open fireplace, and kitchen on the ground level. Additionally, off-road parking and a courtyard garden enhance its appeal. With the potential to transform this historical gem into a stunning residence, viewings are strongly advised to grasp its true character and possibilities.

Investment Analysis

(PE10 area)
Area Average
£262/sq ft
Avg Rent (weekly)
£214
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
12%
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: +8.0%
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

South Street, Bourne, PE10
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£535
Based on a loan of £112,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

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