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 work2-bedroom house · LN9 6RJ
Listing removedListed 240 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A semi-detached house towards the end of a cul-de-sac on the outskirts of town. Having accommodation comprising: Lounge and dining kitchen to ground floor. Two bedrooms and bathroom to first floor.
Outside the property has off-road parking to the front and there is a good size enclosed garden to the rear. The property benefits from electric heaters & double glazing.
EPC Rating: E Accommodation Part glazed side entrance door with canopy over through to the: Lounge (4.48m x 3.36m) Having box bow window to front elevation, coved ceiling, electric heater, fireplace with inset electric fire and staircase rising to first floor.
Archway to the: Kitchen (3.37m x 2.44m) Having window & part glazed door to rear elevation and tiled floor.
Fitted with a range of base & wall units with work surfaces & tiled splashbacks comprising: 1 1/4 bowl stainless steel sink with drainer & mixer tap inset to work surface, cupboard, space & plumbing for automatic washing machine under.
Work surface return with inset electric hob, integrated electric oven & cupboards under, cupboards & extractor over.
First Floor Landing Having access to roof space, built-in airing cupboard and further built-in storage cupboard.
Bedroom One (2.82m x 2.56m) Having window to front elevation, electric heater and built-in wardrobe. Bedroom Two (2.54m x 1.90m) Having window to rear elevation and electric heater.
Bathroom (2.88m x 1.44m) Having window to side elevation, electric heater, tiled floor, tiled splashbacks, extractor, panelled bath with electric shower fitting over, close coupled WC and pedestal hand basin.
Exterior To the front of the property there is a gravelled area which provides off-road parking. Gated access to the: Rear Garden Being enclosed and laid to lawn with a paved patio and metal shed.
Services The property has mains electricity, water and drainage connected. Heating is via electric heaters and the property is double glazed. The current council tax is band A.
Lifetime Legal We are required by law to conduct anti-money laundering checks on all those selling or buying a property.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy.
The cost of these checks is £72 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable.
We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.
Agent's Notes These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither Newton Fallowell nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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
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FAQ
About 56 College Park, Horncastle
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