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See how verdicts work3-bedroom house · LN9 6DT
For saleListed 176 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
19 South Street is the latest property to market on this exciting, six-strong development; converting the historic former Phoenix Brewery buildings into contemporary town houses.
Sympathetically maintaining the appearance of this slice of Horncastle history, the properties will benefit from garden and parking spaces.
Number 19 (Plot 4) is a three-storey, three-bedroom end-terrace family home, with ground floor living area, dining kitchen, utility and cloakroom; stepping out to a walled, courtyard-style rear garden, enjoying the afternoon and evening sun and further garden space to the front.
With dedicated parking spaces to the front (accessed off East Street), the property continues with two bedrooms and shower room to the first floor, and third bedroom with en suite to the second floor.
Central heating will be an electrically heated ‘wet’ system to radiators in each room; the property will benefit from uPVC double glazed sliding sash windows throughout, of grey exterior and white interior.
The entrance door will be of solid composite construction in a stylish tone.
The development is well-placed, behind the beautiful Hamerton Gardens public space, off South Street, within walking distance of the centre of town.
Horncastle is a Georgian market town home to a full range of services, amenities and schooling located halfway between the coast, and the county city of Lincoln (21 miles from each), with public transport links to both.
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 19, South Street, Horncastle
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