3-bedroom terraced house · LN9 5ED
For saleListed 35 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious Three Bedroom House with Garage, Gardens & No Onward Chain A spacious three-bedroom house extending to approximately 958 sq ft , offering well-proportioned accommodation, established gardens, a detached garage and excellent additional storage/workshop space.
The property is ideally situated for the amenities of the historic market town of Horncastle and is offered for sale with NO ONWARD CHAIN , making this an attractive opportunity for a range of buyers.
Key Features Spacious 3 bedroom house – approx.
958 sq ft NO ONWARD CHAIN Detached garage with power, lighting and inspection pit Two parking spaces , with space for a caravan if required Established front and rear gardens Enclosed courtyard Brick-built workshop, store and gardener's WC UPVC double glazing Composite front door Mains gas central heating Replacement Baxi boiler Energy Rating D Council Tax Band A Accommodation The property opens into a welcoming lounge , featuring an attractive open fireplace with full-width brickwork, recessed shelving and arched display alcoves.
A built-in cupboard provides useful additional storage.
The fitted kitchen/diner is well equipped with a range of wooden-fronted base and wall units, two-and-a-half bowl sink, built-in gas hob and oven, feature alcove and appliance space with plumbing.
There is also a built-in pantry providing excellent storage.
A potential utility room offers further flexibility, with built-in base units, appliance space and an external door leading to the courtyard.
Upstairs, the spacious landing benefits from a built-in, double-fronted full-height storage cupboard.
There are three good-sized bedrooms , with the master bedroom benefiting from a ceiling fan light and telephone point.
The family bathroom includes a bath with separate shower over, pedestal wash hand basin, low-level WC, shaver point and part-tiled walls.
Outside The property offers established front and rear gardens , incorporating lawns, a variety of plants and shrubs, specimen trees and apple trees.
An enclosed courtyard provides a useful additional outdoor area and benefits from external lighting and a water tap.
The property also has a number of useful attached brick outbuildings , including a workshop with lighting, power, shelving and window, a separate store room and a gardener's WC with window.
A detached garage benefits from side-hung vehicular doors, lighting, power and an inspection pit. There are also two parking spaces , with the potential to accommodate a caravan if required.
Location The property is conveniently located for the many amenities available within the historic market town of Horncastle , including supermarkets, doctors, dentist, main Post Office, grammar, secondary and primary schools, swimming baths, fitness centre and bowling green.
For those enjoying the outdoors, Ashby fishing lakes are approximately 2.5 miles away .
With its generous accommodation, excellent storage and outside space, detached garage, convenient location and NO ONWARD CHAIN , this property is well worth viewing. EPC rating: D. Tenure: Freehold,
Value & comps
No previous sales on record.
Returns
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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 Louth Road, Horncastle, LN9
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