How much is Carlisle Gardens, Horncastle?

The starting price is £240,000.

No floorplan from the agent

Carlisle Gardens, Horncastle

3-bedroom bungalow

Starting price

£240,000

Auction: 28-day completion

For saleListed 3 daysAuction 11 Nov · in 18 days

Needs work

Investor metrics

Opportunity summary

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About

The property

Guide Price = £240,000+ **For Sale By Public Auction 11th November 2026 09:30 am.

To inspect the legal documents for this property go to our website to download the legal pack** A Vacant Three Bedroom Detached Bungalow in Need of Refurbishment By Order of the Executors Tenure Freehold Location The property is situated on a residential road close to local shops and amenities.

The open spaces of Greenacres Park are within easy reach. Transport links are provided by the A158. Description The property comprises a three bedroom detached bungalow.

Accommodation Ground Floor Reception Room Kitchen Three Bedrooms (one with an en-suite) Bathroom Exterior The property benefits from both front and rear gardens, a garage and off street parking.

Needs work

Key information

Tenure

Freehold

Local authority

East Lindsey

District

County

Lincolnshire County

Value & comps

What is it worth?

No previous sales on record.

Comparable salesNo comps yet

No comparable sales matched this property yet.

Auction

What is it worth at the hammer?

Auction intelligence

Pro

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Returns

What does it return?

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Rent evidence

Rental benchmark

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Local SA Market

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Archie refurb estimate: a Pro feature

Model an offerFeeds your report · not a commitment

0.0% below starting price

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BTL · HMO · BRRR · SA · Flip — editable, saved scenarios

Investment calculatorBTL · BRRR · HMO · Flip · SA · R2R — editable inputs, saved scenarios

Investment Disclaimer

This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.

All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.

Past performance does not guarantee future results. Tax implications vary by individual circumstances.

Mortgage

Deal

Is it a deal?

Archie’s verdict

Archie has scored this property.

Deal score · weighted

Weak signals — move on

Factor breakdown

BMV discountNot calculated on auction lots — a guide price is a starting price, not an asking price.

0/25

Yield potential—

0/25

Motivation signalsNot enough data

0/25

Days on market3 days

4/25

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Seller motivation

Not scored yet

Days on market3

Price reduction—

STC fall-through—

Back to market—

Agency change—

EPC rating—

Listing timeline

First listedListed at £240,00021 Oct 2026

Still activeDay 3 on marketToday

Strategy fit

No strategy scores available yet.

Article 4No HMO Article 4 held

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.