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2 Bed Flat, Potential PLO/LOA, Bourne, PE10 9LY £85,000

South Street, Bourne, PE10 9LY - 4 months ago
  1. Deal Search
  2. Bourne
  3. PE10
  4. PE10 9LY
Leasehold
Auction
Negative Equity
ROI: 6%
~64 m²

ValuationUndervalued

AI score: 95/100. Please verify valuations.

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Links

  • More Deals in Bourne
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Property History

Listed for £85,000

-15%

August 15, 2025

Sold for £97,500

2022

Sold for £77,500

2004

Sold for £43,000

2002

Floor Plans

Description

  • Sale by Modern Auction (T&Cs apply) +
  • Subject to an undisclosed Reserve Price +
  • Buyers fees apply +
  • First Floor Flat +
  • Town Centre Location +
  • 2 Bedrooms +
  • No Chain +
  • Lovely Communal Gardens +

SUMMARY
Centrally located and considered an ideal first time buy or investment purchase this is a 2 bedroomed flat with a large lounge, kitchen, bathroom and an additional WC. Replacement gas fired central heating boiler. Beautiful communal gardens and for sale with NO CHAIN.

DESCRIPTION
A charming two-bedroom first-floor flat situated in the heart of Bourne's Town Centre within a converted period building. Offered for sale with no onward chain, the property features a replacement gas-fired central heating boiler, a spacious lounge with adjoining kitchen (including oven and hob), and delightful views over Bourne Abbey Church from the lounge.

The bathroom is fitted with a three-piece suite comprising WC, wash basin, and bath, complemented by a separate second WC for added convenience.

Outside, residents can enjoy communal parking and beautiful walled gardens, enhanced by a picturesque stream running through the grounds.

An excellent opportunity for first-time buyers or buy-to-let investors - early viewing is strongly recommended.

Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SHARMAN QUINNEY NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Quentin Marks Estate Agents, Bourne

01778 301117

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Cashflows

AI score: 95/100. Please verify calculations.

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