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See how verdicts work2-bedroom bungalow · LN9 5BD
For saleListed 54 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market by Walters is this desirable and well-maintained semi-detached two bedroom bungalow, situated within a much sought-after area of the town.
The property is set within good-sized gardens, offering excellent potential for extension, if required, subject to the necessary planning permissions.
Further benefits include ample off-road parking, and the property is offered for sale with the advantage of NO UPWARD CHAIN.
SIDE ENTRANCE PORCH (not uPVC sealed double glazed) Tiled floor with uPVC sealed double glazed entrance door to : RECEPTION HALL Having radiator, wall thermostat, telephone point, laminate flooring, door chimes, built-in airing cupboard with shelving and also housing the pre-lagged hot water tank with immersion heater.
Access to the roof void. LOUNGE 15' 2" x 10' 6" (4.62m x 3.2m) With radiator, TV point and views over the front garden.
KITCHEN 10' 6" x 8' 4" (3.2m x 2.54m) Having stainless steel single drainer sink unit and range of base cupboards and drawers under worktops with wall cupboards over.
Built-in electric fan assisted oven and grill with four ring gas hob with extractor fan and light over, space and plumbing for washing machine, space and vent for tumbler dryer, radiator, gas fired wall mounted boiler, tiled floor, part-tiled walls.
BEDROOM ONE 10' 6" x 10' 2" (3.2m x 3.1m) With radiator and views over the rear garden. BEDROOM TWO 10' 7" x 6' 9" (3.23m x 2.06m) With radiator and views over the rear garden.
SHOWER ROOM 6' 4" x 6' 3" (1.93m x 1.91m) Having corner shower cubicle with electric shower unit, vanity hand basin with double cupboard under, low level WC.
Part-tiled walls, tiled flooring, wall mirror, extractor fan and heated towel rail.
THE GARDENS The property is approached over a concrete driveway, providing ample off-road parking, together with a gravel front garden for ease of maintenance.
There is also an outside electric car charging point.
Gated access leads to the fully enclosed rear garden where there is a slabbed patio area, beyond which is a good sized lawn garden and two STORAGE SHEDS. Plum and apple tree within the garden.
OUTGOINGS - The property is situated within the East Lindsey District Council. Band B 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 Mark Avenue, Horncastle
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