3-bedroom house · LN9 5DS
For saleListed 89 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO ONWARD CHAIN! 4 Maltings Court is a three-bedroom property located to the heart of the Georgian market town of Horncastle.
With a spacious, dual-aspect living room alongside kitchen and entrance hallway to the ground floor; accommodation continues above with the bedrooms plus bathroom.
The property has an allocated, off-road parking space.
The property is within walking distance of Horncastle's full range of services, amenities and schools, with public transport links to the city of Lincoln, the East Coast, Woodhall Spa and Tattershall/Coningsby emanating from centre of town.
Hallway - 8'3" x 8'1" - With obscured double glazed door to front, light to ceiling. Tile effect flooring, multiple power points.
Carpeted wood staircase, wood door to kitchen Kitchen - 8'5" x 10'0" - Having uPVC double glazed window to (southerly) rear aspect, light to ceiling.
Storage units to base and wall levels, sink and drainer to roll edge worktop. Indesit oven and magic flame hob beneath extractor canopy, radiator, multiple power points, tile effect flooring.
Wood door to lounge. Living Room - 9'7" x 18'6" - With uPVC double glazed windows to front and rear aspects, light to ceiling. Carpet, radiators, multiple power points.
Landing - With uPVC double glazed obscure window to side, light to ceiling. Loft access hatch, power points. Carpeted.
Bedroom 3 - 7'9" x 6'10" - Having uPVC double glazed window to rear, light to ceiling. Carpet, radiator, multiple power points.
Bedroom 2 - 10'11" x 7'5" - Having uPVC double glazed window to rear, light to ceiling.
Carpet, radiator, multiple power points Bedroom 1 - 8'8" x 11'6" - Having uPVC double glazed window to front, light to ceiling.
Carpet, radiator, multiple power points Bathroom - 6'6" x 8'4" - With uPVC double glazed obscure window to front, light to ceiling.
Low level wc, pedestal sink, bath with triton electric shower over to tiled surround. Vinyl flooring, radiator, wood door to cupboard housing baxi gas fired boiler. Tiles to walls.
Outside - The property is accessed from Mill Lane, with an allocated parking space on Maltings Court.
Value & comps
No previous sales on record.
Returns
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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.
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About 4 Maltings Court, Horncastle
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