2-bedroom flat · LN9 5HP
To rentReduced £85 (−11.4%) on 15 OctListed 41 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 3039952. We are proud to offer this very large spacious 2 bedroom, 1 bathroom Maisonette in the heart of Horncastle town Centre.
Close to all amenities such as hair salons, shops, pubs and restaurants with travel links direct into Lincoln, Louth and Skegness only minutes away from the property.
The property is ideal for a small family, couple or single person.
Genuine prospective tenants will have to undergo a 3 stage referencing process, Identity and right to rent checks to qualify for the tenancy.
The property is offered unfurnished and the ingoing tenant will be responsible for their own furniture. Viewings in person are recommended and are strictly by appointment only.
This property may not be suitable for some tenants as there are stairs to the flat and stairs within the Maisonette to the bedrooms. Get in touch today for more details or to arrange a viewing.
Special note for rent to rent companies.
Rent to rent is welcome however an added risk premium will be added to the rent, and as part of Anti money laundering we will require sight of any of your tenants Identity, source of funds and any commercial agreements with any competent or local authority.
Summary & Exclusions: - Rent Amount: £745.00 per month (£171.92 per week) - Deposit / Bond: £859.61 - 2 Bedrooms - 1 Bathrooms - Property comes unfurnished - Available to move in from 15 September 2026 - Maximum number of tenants is 2 - Students welcome to enquire - No Smokers - Bills not included - No Parking Available - No Garden Access - Property has fireplace - EPC Rating: D If calling, please quote reference: 3039952 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.
When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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.
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 Flat, High Street, Horncastle
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