We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom detached house · LN9 5FN
Sold STCListed 207 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Walters are delighted to present to the market this stunning, spacious, and beautifully maintained detached modern bungalow.
Offering stylish and contemporary living throughout, the property benefits from gas-fired central heating, uPVC double glazing, and the added advantage of an EV charging point, catering perfectly to modern lifestyles.
Situated within a small, private development on the edge of the popular market town of Horncastle, this home enjoys both a peaceful setting and convenient access to local amenities.
Finished to a high standard, the property provides well-appointed accommodation throughout, and the agent strongly recommends an internal inspection to fully appreciate the quality and space on offer.
The property has gas fired under floor central heating to all rooms with individual thermostats, apart from the garden room which has electric under floor heating.
Composite front entrance door, uPVC soffits and fascias throughout, together with Oak internal doors. The accommodation comprises: RECEPTION HALL With telephone point.
LOUNGE/DINER 21' 0" x 17' 0" (6.4m x 5.18m) A beautiful south-facing light room with vaulted ceiling and two Velux automatic sensor windows together with sliding patio doors to the garden room, TV and telephone points, and internal bi-folding doors opening into the living kitchen.
GARDEN ROOM Having under floor electric heating, solid tiled roof, USB charging points.
LIVING KITCHEN 21' 5" x 12' 9" (6.53m x 3.89m) Having a central island with 1½ bowl stainless steel single drainer sink unit with Quooker hot tap and cupboards under quartz worktops with breakfast bar to one end.
Further range of base cupboards and drawers under quartz worktops with two single built-in Neff sliding door electric fan assisted ovens with grills, five ring ceramic induction hob with extractor fan and light over, wall cupboards to either side.
Built-in fridge/freezer, integral dishwasher, in-set ceiling lights, TV aerial point and sliding patio doors to the rear garden.
UTILITY ROOM 13' 2" x 8' 7" (4.01m x 2.62m) Having quartz worktops with cupboards under with space and plumbing for washing machine and tumble dryer, two double wall cupboards over, together with fitted double storage cupboard, rear entrance door, extractor fan and USB charging points.
CLOAKROOM Having vanity hand basin with double cupboard under and low level WC. In-set ceiling lights and cupboard housing the gas fired wall mounted boiler, together with hot water tank.
BEDROOM ONE 13' 2" x 12' 5" (4.01m x 3.78m) (Plus access) Having TV aerial point, USB charging point, large walk-in single wardrobe with light.
EN-SUITE SHOWER ROOM 9' 3" x 3' 9" (2.82m x 1.14m) Having fully tiled double shower cubicle with waterfall and riser shower heads, sliding doors, vanity hand basin with double cupboard under and low level comfort height WC.
Double wall storage cupboard over. Heated towel rail and in-set ceiling lights. BEDROOM TWO 13' 8" x 12' 2" (4.17m x 3.71m) Having TV aerial point and fitted triple wardrobes.
BEDROOM THREE 13' 0" x 8' 8" (3.96m x 2.64m) Presently used as a HOME OFFICE, fully fitted out with double storage cupboard, base storage cupboard and desk, together with book shelving, cupboards and drawers under.
(Would make and ideal craft room).
FAMILY BATHROOM Enclosed bath, double shower cubicle with waterfall and riser shower heads, extractor fan over, vanity hand basin with cupboards and drawers under, low comfort height WC.
Wall tiling, shaver point, heated towel rail and built-in storage cupboard.
OUTSIDE - DETACHED DOUBLE GARAGE 19' 9" x 17' 8" (6.02m x 5.38m) Having two electric roll-up doors and side personal door, power and light connected.
THE GARDENS To the front is a gravelled driveway with ample parking space together with resin footpaths and lawn garden.
Gated access to one side with resin footpaths and ceramic patio area to the rear with south-facing private gardens, mainly laid to lawn.
To the other side is a gravelled seating area with a timber and felt garden STORE SHED on a concrete base (included in the sale).
OUTGOINGS - The property is situated within the East Lindsey District Council. Property Band D. POSSESSION - Vacant possession will be given on completion.
FIXTURES AND FITTINGS - All those detailed are included in the sale. VIEWING - Strictly and only by prior appointment to be made through the Sole Selling Agent - Walters.
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
Agent & docs

FAQ
About Stanley Way, Horncastle
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