2-bedroom semi-detached house · LN9 6RE
For saleListed 16 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a popular residential area of Horncastle, this two-bedroom semi-detached home is an ideal opportunity for first-time buyers, downsizers or investors.
The accommodation begins with a lounge featuring a front-facing window and staircase to the first floor.
To the rear, the kitchen is fitted with a range of wall and base units, with space for appliances and a window overlooking the conservatory.
The conservatory provides additional living space and has direct access to the rear garden.
Upstairs, there are two bedrooms, with the main bedroom benefiting from two front-facing windows and built-in wardrobes.
The second bedroom overlooks the rear garden, while the bathroom comprises a bath, wash basin and WC. Outside, the property has a front garden with a gravelled area providing off-road parking.
The enclosed rear garden is predominantly paved, offering a manageable outdoor space. The property has gas central heating, double glazing and is offered for sale with no onward chain.
Horncastle is a popular market town situated on the southern edge of the Lincolnshire Wolds, offering a good range of local amenities and a traditional town centre.
Well known for its independent shops and antique centres, the town also has a selection of cafés, pubs, restaurants and regular markets.
There are a number of local schools, supermarkets, leisure facilities and healthcare services, making Horncastle a convenient place for everyday living.
Arrange your viewing on the Purplebricks website or App.
Property Ownership Information Tenure Freehold Council Tax Band B Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required.
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 advisors 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
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FAQ
About 1, College Park, Horncastle
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