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Property Listing Details

Property details

  • 1 bathroom
  • 1 reception room

Features

  • Leasehold
  • No onward chain
  • Great First Time Buy Or Investment
  • Potential Rent Of £410Pcm With A Yield Of 8.2%
  • Allocated Parking
  • First Floor Apartment
  • Studio Apartment
  • Storage Heating
  • Kitchen

Listing view statistics

Last 30 days: 213 page views

Since listed: 1070 page views

Description

** no onward chain **

** ideal investment property **

** ideal first time buy property **

A great protential investment on this first floor self contained studio apartment, which is located within walking distance of Bourne Town Centre with its wide range of shopping facilities.

The studio comprises of; entrance hall, lounge/bedroom, kitchen and bathroom with an added bonus of allocated parking.

The property will make a great first time buy or investment with a potential monthly rent of £410pcm with a yield of 8.2%

Booking a viewings is a must to appreciate this property.

Tenure

Leasehold

Lease Information

The vendor informs us that the years remaining on the lease are 70 years

Service charge is approximately - £60 per month

Ground rent is approximately - £100 per annum

Location

Bourne has two excellent primary schools and secondary education in the town, provided by the renowned Bourne Grammar School and Bourne Academy. Additional state and independent schooling can be found in Peterborough and in nearby market towns such as Stamford, Market Deeping and Spalding.

Recreational amenities in the area include several golf courses, the ancient Bourne Woods close by and Rutland Water between Stamford and Oakham for fishing, sailing and other pursuits.

A regular bus service operates from Bourne to Stamford, Peterborough and Spalding. High speed trains from Peterborough (approximately 15 miles away) to London Kings Cross take approximately 45 minutes; ideal for the commuter. The A1 road is only 10 miles away.

Communal Entrance

Main door access to the communal hall and stairs leading to 1st Floor, you need to go through a second internal door before having access to the flat front door.

Entrance Hall

Enter via the solid wooden fire door in to the hallway, doors to:-

Bedroom/Lounge

15' x 12'

The living bedroom area benefits from a built in storage cupboard, TV Point, Telephone point, plug sockets, storage heater and window to the rear aspect, opening to:-

Kitchen

9' x 6'

The kitchen is fully fitted with a range of wall and base units, with work surfaces over and stainless steel sink with mixer taps over, under the work surface there is plumbing for a washing machine and space for electric oven and fridge, window to the rear aspect, airing cupboard.

Bathroom

Fitted with a three piece bathroom suite comprising of low level W/C, hand basin, bath with tiled surround.

You could get

Fast broadband Fast broadband

Up to 24 Mbps (Source: Ofcom)

Floorplan

Map & Nearby

Local Amenities

  • Spalding 9.3 miles
  • Stamford (Lincs) 9.4 miles
  • Bourne Abbey Church of England Primary Academy 0.2 miles
  • Bourne Grammar School 0.3 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Spalding 9.3 miles
  • Stamford (Lincs) 9.4 miles
  • Bourne Abbey Church of England Primary Academy 0.2 miles
  • Bourne Grammar School 0.3 miles

Market stats

Sale activity

Average estimated value for a flat in PE10:

  • £135,556
  • Price decrease

  • -£5,330
  • (-3.783%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £142,932
  • Properties sold

    23

Rental opportunities

£394 pcm

Recent sales nearby

See all recent sales in PE10
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

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These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Agent

Price history

Sold prices provided by Land Registry
5th Dec 2019 £50,000 Price reduced by £10,000
27th Jun 2019 £60,000 First listed
17th Oct 2005 £59,250 Last sold

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Property descriptions and related information displayed on this page are marketing materials provided by Purplebricks, Head Office. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Purplebricks, Head Office for full details and further information.