2-bedroom property · LN9 5HZ
For saleReduced £10k (−1.7%) on 21 JunListed 782 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Showrooms and Residential Accommodation - We are delighted to offer for sale this unique opportunity to acquire an extensive retail building, located centrally within the popular town of Horncastle, maintained to a high standard and trading as 'Horncastle Antiques Centre', which provides for circa.
515 sq.m (5,535 sq.ft) of showroom accommodation across three floors.
In addition, there is a beautifully presented, recently converted attached dwelling with a reception room, large dining kitchen and at first floor level, two double bedrooms together with a bathroom/WC.
The property also benefits from ample off-road parking.
This property is considered to be an ideal opportunity for a prospective buyer looking to relocate to a superb location within the Lincolnshire Wolds, with the opportunity of continuing the successful business, which generates a healthy and profitable income.
Alternatively, the property may be suitable for re-development, subject to the necessary Planning Permissions.
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 24 & 26, Bridge Street, Horncastle
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