2-bedroom house · LN9 5DS
For saleListed 173 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
9 Mill Lane is a well-presented, two-bedroom mid-terrace property situated to the heart of Horncastle.
With spacious living and dining room spaces to the front, the ground floor is completed by a kitchen at the rear; with both bedrooms and the bathroom to the first floor.
An outbuilding provides useful storage space.
The property is within walking distance of the full range of services and amenities this Georgian market town has to offer; with public transport links across to the East Coast and the city of Lincoln emanating from the centre of Horncastle.
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 9 Mill Lane, Horncastle
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