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See how verdicts work2-bedroom house · LN9 5AZ
For saleListed 46 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO ONWARD CHAIN! 2 Stourton Place is a well-presented, two-bedroom mid-terrace property, enjoying a long, South-facing garden to a no through road position.
Separate living and dining spaces stand alongside a ground floor kitchen, rear hallway and bathroom, with the two bedrooms above including a master to the front.
An external store completes the property.
The property is nestled to the heart of the well-serviced Georgian market town of Horncastle, with a range of shopping, schools and public transport within walking distance for most.
Living Room - 11'10" x 12'0" - Entered to the front through uPVC double glazed obscure door, with uPVC double glazed window to front. Light to ceiling, carpet, radiator, multiple power points.
Electric fire to brick and tile surround with ornate style overmantle. Wood door to dining room. Dining Room - 9'3" x 7'11" - With uPVC double glazed window to rear, light to ceiling.
Carpet, radiator, multiple power points. Wood door to under stairs storage space, open doorway to kitchen. Kitchen - 7'7" x 9'6" - With uPVC double glazed window to side, light to ceiling.
Sink and drainer to roll edge worktop, storage units to base and wall levels. Cooke and Lewis oven, hob, space and connections for upright fridge-freezer and under counter washing machine.
Tile effect flooring. Wall mounted, gas fired Vaillant boiler. Wood door to rear lobby. Rear Hallway - Having uPVC double glazed obscured door to side, light to ceiling.
Tile effect flooring, radiator. Wood door to storage and bathroom. Bathroom - 7'8" x 5'4" - Having uPVC double glazed obscured window to side, light to ceiling.
Low level wc, pedestal sink, bath with shower over and tiled surround. Tile effect flooring, radiator. Bedroom 1 - 10'7" x 11'10" - Having uPVC double glazed window to front, light to ceiling.
Feature fireplace, radiator, carpet, multiple power points. Bedroom 2 - 9'0" x 7'11" - With uPVC double glazed window to rear, light to ceiling. Carpet, radiator, multiple power points.
Wood door to over stairs storage space. Outside - The property enjoys a long, lawned garden leading down from the rear, with mature trees, a summerhouse at the far end and open boundaries to the side.
A paved patio space sits off the back of the brick outbuilding/store which belongs to the property.
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 2 Stourton Place, Horncastle
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