4-bedroom bungalow · LN9 5BQ
Listing removedListed 129 days
Opportunity summary
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About
5 Hazel Drive is an extremely spacious four-bedroom detached bungalow, occupying a generous plot with large lawned, paved and gravelled garden spaces; a long driveway and single garage.
Located to a no-through road in the popular residential area of North-West Horncastle, the property is within convenient distance of the town’s full range of services, amenities and public transport links to the city of Lincoln and the East Coast.
Accommodation comprises a long breakfast kitchen, leading through to dining room; generous conservatory to the rear, lounge to the front, four bedrooms including master with en suite shower room and family bathroom.
Hallway - With double glazed obscure door flanked by matching windows to side, lights to ceiling. Carpet, multiple power points, radiator.
Lounge - 15'5" x 14'2" - With uPVC double glazed window to front, high level windows to side, lights to ceiling and wall.
Brick and tile fireplace with tv stand, radiator, multiple power points, carpet. Dining Room - 9'8" x 10'0" - With uPVC double glazed window to rear, light to ceiling.
Carpet, radiator, multiple power points, open arch to kitchen. Breakfast Kitchen - 9'9" x 16'9" - With uPVC double glazed window to rear and obscure patio door to side. Lights to ceiling.
1 1/2 sink and drainer to roll edge worktop, excellent range of storage units to base and wall levels.
Space and connections for oven, upright fridge-freezer, under counter washing machine and further appliance. Tiled flooring, radiator.
Conservatory - 8'5" x 15'5" - With uPVC double glazed windows and patio doors to side and rear. Lights to ceiling and wall, multiple power points, radiator, tiled flooring.
Bathroom - 4'7" x 8'7" - With uPVC double glazed obscure window to side, light to ceiling. Low level wc, pedestal sink; bath with shower over. Tiles to walls, radiator, vinyl flooring.
Bedroom 2 - 10'9" x 10'8" - With uPVC double glazed window to front, light to ceiling. Carpet, radiator, multiple power points. Built in wardrobe storage space.
Bedroom 3 - 10'11" x 10'7" - With uPVC double glazed window to front, light to ceiling. Carpet, radiator, multiple power points. Built in wardrobe storage space.
Bedroom 1 - 10'10" x 12'8" - With uPVC double glazed window to side, light to ceiling. Built in storage units including mirror fronted wardrobes, dressing table, bedside units and wall cupboards.
Carpet, radiator, multiple power points. En Suite - 6'8" x 4'6" - With uPVC double glazed obscure window to rear, light to ceiling.
Low level w/c, pedestal sink to corner; corner shower cubicle with tiled surround. Radiator, tiled flooring. Study / Bedroom 4 - 8'3" x 9'5" - With skylight to side, light to ceiling.
Carpet, radiator, multiple power points. Front - The property is approached to the front, up a hardstanding driveway providing space for multiple vehicles and leading to the single, detached garage.
The front garden is laid to low maintenance gravel, and faces the afternoon sun.
Rear Garden - The rear garden, a child and pet friendly space behind secured with a gate from the drive, is initially paved before stepping down to a generous lawned area, with mature borders.
Leading off the patio seating space is a useful outside store with double doors to front. Garage - 16'10" x 8'9" - With up and over door, power connected.
Value & comps
No previous sales on record.
Returns
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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 5 Hazel Drive, Horncastle
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