3-bedroom bungalow · LN9 5EL
For saleListed 112 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a discreet and convenient location close to the town centre, this spacious semi-detached three-bedroom bungalow offers well-proportioned accommodation and is offered for sale with the benefit of no upward chain.
The property would benefit from some updating, providing an excellent opportunity for a purchaser to personalise and modernise to their own taste.
Features include gas-fired central heating, uPVC sealed double glazing throughout, and a practical layout ideal for a variety of buyers.
Externally, the bungalow enjoys conveniently sized gardens, together with a garage and off-road parking, making this an appealing home in a desirable location.
RECEPTION HALL Having uPVC sealed double glazed front entrance door and rear entrance door, built-in shelved cupboard, double wall cupboard, two radiators.
LOUNGE 19' 4" x 15' 8" (5.89m x 4.78m) Having two radiators, timber flooring, decorative coved ceiling, four picture lights, TV point and part-glazed double doors opening into the: DINING AREA 15' 0" x 14' 5" (4.57m x 4.39m) Having laminate flooring, two radiators, three picture lights, open access to: KITCHEN 10' 0" x 9' 8" (3.05m x 2.95m) Having 1½ bowl single drainer sink unit with mixer taps and range of base cupboards and drawers under worktops with wall cupboards over with concealed lights.
Built-in electric oven and grill with four ring gas hob with extractor fan and light over, space and plumbing for washing machine, tile effect laminate flooring, part-tiled walls and gas fired wall mounted combination boiler.
STUDY 8' 8" x 5' 7" (2.64m x 1.7m) Having radiator and built-in shelved double wardrobe.
BEDROOM ONE 13' 0" x 11' 3" (3.96m x 3.43m) Having radiator, wall lights, access lobby with tiled flooring, fitted wall shelving with hanging rail and door to: EN-SUITE SHOWER ROOM having tiled floor, tiled shower cubicle with curtain, vanity hand basin and low level WC.
Radiator, shaver light and point. BEDROOM TWO 12' 4" x 11' 7" (3.76m x 3.53m) Having radiator, TV point and access to the roof void.
BEDROOM THREE 8' 3" x 8' 3" (2.51m x 2.51m) Having radiator, wall light and TV point.
BATHROOM 11' 8" x 6' 2" (3.56m x 1.88m) Having panelled bath, corner shower cubicle, vanity hand basin and low level WC. Radiator, part-tiled walls, extractor fan and shaver light and point.
CLOAKROOM Having low level WC, vanity hand basin, radiator and tiled flooring.
OUTSIDE - DETACHED GARAGE 19' 2" x 10' 8" (5.84m x 3.25m) Having electric roll-up door and side personal door, power and light connected.
THE GARDENS Fronting the garage is a concrete driveway allowing parking for two vehicles.
To the side and front are footpaths with flower beds, patio area fronting the property and a raised timber decking patio area with brick wall for privacy.
To the rear are slabbed footpaths and small patio area. OUTGOINGS - The property is situated within the East Lindsey District Council. Property Band C.
POSSESSION - Vacant possession will be given on completion. FIXTURES AND FITTINGS - All those detailed are included in the sale as are the fitted carpets and curtains.
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 Stanhope Road, Horncastle
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