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Shared ownership
1/8

2 bed flat for sale Falcon Way, Bourne, PE10

Asking price
£85,000
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Reduced on 14/10/2026

80% share · about £106,250 full value
Type
Flat
Bedrooms
2
Bathrooms
1
Tenure
Ask agent
Council tax Band A £1,507 a year

Key features

  • 80% Shared Ownership
  • No onward chain
  • Two double bedrooms
  • Reception room with Juliet balcony
  • Outlook over communal green space
  • Neutral décor and carpeted bedrooms
  • Bathroom with over-bath shower
  • Modern Elsea Park development
  • Close to Bourne town centre
  • Good road links to Peterborough

About this property

For sale with no onward chain, this two-bedroom flat is situated in Falcon Court on the Elsea Park side of Bourne, offering a practical layout and outlook over communal green space.

The flat provides a well-proportioned reception room with wood-effect flooring and French doors to a Juliet balcony, giving good natural light and a pleasant aspect.

Floorplan

Council tax

Band A £1,507 a year
Per year
  • Band A
    This home: £1,507
  • Band B
    £1,758
  • Band C
    £2,009
  • Band D
    £2,260
  • Band E
    £2,762
  • Band F
    £3,264
  • Band G
    £3,767
  • Band H
    £4,520

This home is in band A, which costs £1,507 a year in South Kesteven for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across South Kesteven, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Location

Falcon Way, Bourne, PE10

Mortgage and stamp duty

Property price £85,000
£43k £128k
Deposit11% £9,000
£0 £85k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £76,000 mortgage. Most lenders would want a household income of about £17,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
7, Falcon Court, Falcon Way Flat / maisonetteMar 2025732 sq ft £94/sq ft£69,000
Flat 10, Falcon Court, Falcon Way Flat / maisonetteApr 2024667 sq ft £81/sq ft£54,000
Flat 12, Falcon Court, Falcon Way Flat / maisonetteOct 2017n/a£55,000
7, Falcon Court, Falcon Way Flat / maisonetteOct 2016732 sq ft £69/sq ft£50,250
Flat 10, Falcon Court, Falcon Way Flat / maisonetteDec 2013667 sq ft £64/sq ft£43,000
Flat 12, Falcon Court, Falcon Way Flat / maisonetteNov 2013n/a£47,750
Flat 10, Falcon Court, Falcon Way Flat / maisonetteJun 2013667 sq ft £64/sq ft£43,000
Flat 5, Falcon Court, Falcon Way Flat / maisonetteOct 2011829 sq ft £24,500

All sales on Falcon Way → All sold prices in Bourne →

Area insights

The neighbourhood around this property.

Marketed by
Leaders, Spalding
38 New Road, Spalding, Lincolnshire
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