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Plot 155, 31 Smith Crescent, Bourne, Lincolnshire, PE10 2AZ
For sale
£100,000Shared ownership

Plot 155, 31 Smith Crescent, Bourne, Lincolnshire, PE10 2AZ

2bedrooms
1bathroom
Terracedtype
748sq ft
Leaseholdtenure

Listed 21 Oct 2026 · Bourne

How the price compares

This home£100,000£134 per sq ft
Median 2 bed in PE10£185k57 homes listed · £211 per sq ft
Difference-46%below the area median

Key features

  • 5% deposit from £5,000
  • Available from just £897 per month*
  • Comes with 2 car parking spaces
  • Easily accessible for local road and rail connections and direct access to London via Peterborough in 47 minutes
  • Family-friendly with a good selection of schools, nurseries and community facilities
  • Final home available in this phase
  • Just 6 minutes drive to the shops, bars and restaurants of the market town of Bourne
  • Local amenities within walking distance
  • Located in a quiet cul-de-sac
  • MOVE IN FOR CHRISTMAS!

About this home

Final home available in this phase! ** Reserve Now & Move In For Christmas! ** Now 80% Reserved ** 5% Deposit From Just £5,000 & Monthly cost from just £897 Highlight Housing, The Affordable Homes Agency, working with Legal & General's Affordable Housing Division (L&G), is pleased to present this Shared Ownership two bedroom terraced house at Elsea Park, Bourne. The price shown represents purchasing a 25% share of the property. Rent is payable on the remaining share. Property Overview This attractive two-bedroom home has been thoughtfully designed to maximise space and comfort, making it ideal for first-time buyers, professionals, and small families. The ground floor features a welcoming living room, a modern kitchen/dining area perfect for everyday living and entertaining, a convenient downstairs Wc, and useful storage space. Upstairs, there are two generous double bedrooms, a contemporary family bathroom, and additional built-in storage. Offering approximately 748 sq ft of well-planned accommodation, this stylish home combines practical living with modern design in the popular Elsea Park development. Bourne is a place where family life feels easy, combining the charm of a historic market town with the convenience of everything you need close by. With a number of green open spaces, woodland walks and safe places to explore, it's ideal for growing families to enjoy time outdoors, from Bourne Woods to the town's parks and play areas. Available to purchase from a 50% share. Financial Breakdown: Full Market Value: £200,000 50% Share Value: £100,000 5% deposit of 50%: £5,000 Rent on unowned 50% share: £229 per month Service Charge: £77.55 per month Total monthly cost inc. mortgage: £897 Council Tax: Tbc* L&G Affordable Homes is offering a unique opportunity to purchase a new home here through Shared Ownership. Thanks to this scheme, you can get on the property ladder sooner than you think with a lower deposit. For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home. Local Area Life in Bourne brings the outdoors into everyday living, with a rich mix of woodland, parkland and restored wetlands all within easy reach. From peaceful morning walks to family adventures, it's a setting that naturally encourages time outside. At the heart of the town, Wellhead Park and Gardens offers 21 acres of beautifully maintained green space, known for its seasonal spring blooms, landscaped gardens and tranquil, spring-fed water features. It's a place to pause, explore and enjoy time together, with open lawns and play areas perfect for families. Bourne Woods provides miles of walking trails beneath mature trees, ideal for weekend exploring, while nearby nature reserves open up a wilder landscape to discover. Willow Tree Fen Nature Reserve, managed by the Lincolnshire Wildlife Trust, is a unique wetland habitat where cranes and other birdlife thrive, offering a rare chance to experience nature up close. From accessible parks to protected natural spaces, Bourne places nature at the centre of daily life, creating a lifestyle where fresh air, green views and outdoor freedom are always within reach. What Is Shared Ownership? If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 25% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder. L&G Affordable Homes are a Registered Provider offering these apartments for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes. About Highlight Housing We are The Affordable Homes Agency. Our purpose is to improve access to good-quality, safe and affordable homes for sale and rent across the UK. We work with trusted developers, housing associations, private sellers and landlords to provide clear guidance that helps people understand what is realistically within reach. Council Tax and Cgi Disclaimer Council tax bands are often not released until a property is complete. For guidance, please speak with a Sales Consultant or contact the local authority. Cgi interior images are indicative and representative of the house style from an actual house of this type at Elsea Park.

Property details

Property type
Terraced
Size
748 sq ft / 69 sq m
Tenure
Leasehold
Parking
Allocated
Garden
Private garden

Floorplan

Elsea Park Plot 153 - Floor PlanElsea Park - Site Plan

Location

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  • Stamford Station9.0 mi

What nearby homes sold for

Median sold prices in PE10 over the last 12 months: detached £343k · semi-detached £223k · terraced £200k · flat £155k.

AddressTypeSoldPrice
7 Smith Crescent
Bourne PE10 2AZ
Terraced, new build
Freehold
22 Aug 2025£194,750
9 Smith Crescent
Bourne PE10 2AZ
Terraced, new build
Freehold
15 Aug 2025£195,000
11 Smith Crescent
Bourne PE10 2AZ
Terraced, new build
Freehold
27 Jun 2025£194,750
15 Smith Crescent
Bourne PE10 2AZ
Semi-detached, new build
Freehold
27 Jun 2025£232,750
5 Smith Crescent
Bourne PE10 2AZ
Semi-detached, new build
Freehold
27 Jun 2025£185,250
10 Smith Crescent
Bourne PE10 2AZ
Detached, new build
Freehold
26 Jun 2025£439,995
17 Smith Crescent
Bourne PE10 2AZ
Semi-detached, new build
Freehold
20 Jun 2025£235,600
3 Smith Crescent
Bourne PE10 2AZ
Semi-detached, new build
Freehold
20 Jun 2025£185,250
8 Smith Crescent
Bourne PE10 2AZ
Semi-detached, new build
Freehold
13 Jun 2025£231,796
6 Smith Crescent
Bourne PE10 2AZ
Semi-detached, new build
Freehold
23 May 2025£233,626

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in PE10

Buying costs

Monthly repayment£500£10,000 deposit · £90,000 loan
Stamp Duty£0England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Highlight Housing - The Affordable Homes Agency, Covering Nationwide on Rightmove (original listing). First listed 21 Oct 2026; details checked 7 Nov 2026. Latest change: added on 21/10/2026.

Agent disclaimer

Disclaimer - Property reference 42626. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Highlight Housing - The Affordable Homes Agency, Covering Nationwide. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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