2-bedroom terraced house · LN9 6AF
For saleListed 58 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market is this immaculately presented two double bedroom mid-terraced town house, ideally situated within this much sought-after area of the town.
The property enjoys an open aspect to the front, ample on-street parking and a conveniently sized rear garden, incorporating a lawn, outside shed and part-covered patio area.
Further benefits include gas fired central heating and uPVC units throughout.
This attractive home is brought to the market with the considerable advantage of NO UPWARD CHAIN, and an internal inspection is highly recommended.
This highly desirable mid-terrace town house is an ideal first time buyer home, or alternatively as an investment opportunity.
The accommodation briefly comprises : FRONT LOUNGE 11' 5" x 10' 0" (3.48m x 3.05m) Having uPVC sealed double glazed entrance door, radiator, telephone point.
KITCHEN 11' 6" x 8' 2" (3.51m x 2.49m) Having stainless steel single drainer sink unit with range of base cupboards and drawers under worktops with wall cupboards over.
Built-in electric fan assisted oven with four ring ceramic electric hob over, space and plumbing for washing machine, part-tiled walls, door and return staircase to the first floor, radiator, gas fired wall mounted combination boiler.
Rear uPVC sealed double glazed entrance door, built-in shelved storage cupboard.
BATHROOM 8' 8" x 5' 4" (2.64m x 1.63m) Having panelled bath with shower mixer taps, pedestal hand basin and low level WC. Fully tiled walls, radiator, extractor fan.
FIRST FLOOR - SMALL LANDING Off which are : BEDROOM ONE 11' 7" x 10' 1" (3.53m x 3.07m) With radiator and access to the roof void.
BEDROOM TWO 9' 1" x 8' 1" (2.77m x 2.46m) With radiator and built-in shelved storage cupboard.
OUTSIDE Small front garden with hedging giving privacy, there is a shared secure gated passageway to the side which leads to the rear garden of which there are rights of way over for Nos.
110 and 112 Foundry Street. BRICK BUILT STORAGE SHED 6' 0" x 6' 0" (1.83m x 1.83m) With part covered patio area behind, beyond which are fully enclosed rear gardens with lawn, colourful flower beds.
OUTGOINGS - The property is situated within the East Lindsey District Council. Band A. POSSESSION - Vacant possession will be given on completion.
FIXTURES AND FITTINGS - All those detailed are included in the sale as are the fitted carpets. VIEWING - Strictly and only by prior appointment to be made through the Sole Selling Agent - Walters.
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 Foundry Street, Horncastle
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