We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom bungalow · PE23 4LL
For saleListed 116 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hillrise is a spacious, detached, bungalow occupying an elevated plot in the popular Lincolnshire Wolds-edge village of Hagworthingham.
Laid out across 1700 sq ft (approx.), the property provides versatile spaces to suit a range of potential purchasers; beginning with a front-facing Lounge, leading through to dining room and kitchen at the rear – with a utility alongside.
A further, dual aspect, reception room looks out to the front; three double bedrooms including master with en suite and dressing rooms, family bathroom and cloakroom complete the accommodation.
Standing to a corner position, the property occupies a 0.4 acre (sts) plot with mature front and side gardens, plus paved rear seating space with flower beds alongside.
A wide garage with workshop space leads off the snaking drive, supporting a range of potential uses and interests.
Hagworthingham is a sought-after village located on the southern edge of the Lincolnshire Wolds, a designated National Landscape typified by gently rolling countryside set to a patchwork of arable farmland with an array of cycling, walking and riding routes.
The village is approx. five miles from the Georgian market town of Horncastle, with local amenities including shops, restaurants and a full range of schooling (including Queen Elizabeth’s Grammar).
Regular public transport services like the village to Horncastle, a further market town at Spilsby; the seaside resort of Skegness on the East Coast and the cathedral city of Lincoln.
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
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 Hillrise, Manor Road, Hagworthingham, Spilsby
Explore nearby
