2-bedroom terraced house · LN9 5DD
For saleListed 84 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO ONWARD CHAIN! A two bedroom, terrace-end property located within easy walking distance for most of the centre of the historic market town of Horncastle.
The property benefits from a South-facing rear aspect and an enclosed garden.
The internal accommodation comprises: hallway, W/C, kitchen and living/dining room to the ground floor with two bedrooms and bathroom to the first.
Kitchen - 11'11" x 9'9" - Entered through uPVC double glazed door, with window to front. Light to ceiling, storage units to base and wall levels.
Sinks and drainer to roll edge worktop, cooker, space and connections for fridge-freezer. Radiator, tile effect flooring.
Living Room - 12'6" x 12'9" - Having uPVC double glazed window to southerly (rear) aspect, light to ceiling. Electric fire with stone stand and wood surround, radiator, carpet.
Wood door to under stairs storage space. Cloakroom - 6'1" x 3'7" - Having uPVC double glazed obscured window to rear, light to ceiling.
Low level wc, hand wash basin, wall mounted gas fired Worcester boiler. Tile effect flooring. Bedroom 2 - 13'2" x 9'9" - With uPVC double glazed window to front, light to ceiling.
Carpet, radiator, multiple power points. Bedroom 1 - 10'8" x 9'8" - Having uPVC double glazed window to rear, light to ceiling. Carpet, radiator, door to storage space, multiple power points.
Bathroom - 7'6" x 6'2" - With uPVC double glazed obscure window to rear, light to ceiling. Low level wc, pedestal sink, bath with shower over and tiled surround.
Radiator, carpet, wood door to over stairs storage space. Outside - The property is located to the corner of Stonewell Row, entered from the pavement.
To the rear is a paved garden with hedged boundaries and gate down to the rear. The property benefits from a right of access to a shared yard space, leading to a coal store and outside W/C.
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 Stonewell Row, Horncastle
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