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See how verdicts work3-bedroom bungalow · LN9 5ST
For saleListed 19 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO ONWARD CHAIN! 1 Corn Close is a substantial, three-bedroom bungalow located to a no-through road location within convenient distance of Horncastle town centre.
Within walking distance for most of a full range of services, amenities and public transport linking to the Coast, Woodhall Spa and city of Lincoln.
The property is laid out with generous lounge and dining kitchen spaces; plus utility, cloakroom and family bathroom.
Three spacious bedrooms including a master with built in wardrobe spaces and an en suite shower room.
Externally, the property enjoys lawned gardens to the front and rear, a wide, brick paved driveway and garage/store.
Hallway - Entered to the front through composite double glazed door, with lights to ceiling, radiator, multiple power points. Initially laid with wood effect flooring, then carpeted.
Wood doors to built in storage spaces. Dining Kitchen - 13'0" x 21'7" - With uPVC double glazed window to rear, lights to ceiling.
Storage units to base and wall levels, 1 1/2 sink and drainer to bevel edge worktop with drainage furrows. Neff oven, grill and microwave; induction hob beneath extractor.
Integrated fridge-freezer, dishwasher, cupboard housing wall mounted boiler. Wood effect flooring, radiators, multiple power points.
Utility - 11'11" x 10'3" - Having uPVC double glazed patio door to side and window to rear. Light to ceiling, sink and drainer to roll edge worktop with storage units to base level.
Space and connections for appliances, radiator, wood effect flooring. Lounge - 13'5" x 21'4" - With uPVC double glazed window to rear, sliding doors to rear.
Lights to ceiling and wall, fire with polished stone surround and overmantle; carpet, multiple power points, radiators.
Bathroom - 7'11" x 8'5" - Having uPVC double glazed obscured window to side, light to ceiling. Low level wc, pedestal sink, shower with tiled surround. Heated towel rail, wood effect flooring.
Bedroom 1 - 11'7" x 11'11" - With uPVC double glazed window to front, light to ceiling. Carpet, radiator, multiple power points. Wood doors to built in storage spaces and ensuite.
En Suite - 4'11" x 10'3" - Having uPVC double glazed obscured window to side, lights to ceiling. Low level wc, hand wash basin to storage unit with roll edge countertop.
Open fronted shower cubicle with electric shower and board surround, heated towel rail. Vinyl flooring. Bedroom 2 - 11'4" x 10'2" - With uPVC double glazed window to front, light to ceiling.
Carpet, radiator, multiple power points. Wood door to storage space. Bedroom 3 - 9'6" x 10'2" - With uPVC double glazed window to side, light to ceiling. Carpet, radiator, multiple power points.
Cloakroom - 6'7" x 2'8" - Having uPVC double glazed obscure window to front, light to ceiling. Low level wc, pedestal sink, radiator, wood effect flooring.
Outside - The property is approached up a long, wide, brick paved driveway, leading to the Garage / Store. The front garden is lawned with open boundary to Corn Close and fenced to the sides.
The rear garden, accessed through side gate to ensure a child and pet friendly, secure area, is laid to lawn with patio off the rear and a mature tree to the centre.
Complete with timber framed summerhouse, potting shed and gravelled seating area. Garage - Up and over door to front, light and power.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 1 Corn Close, Horncastle
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