2-bedroom house · PE22 7RW
For saleListed 119 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Horseshoe Cottage is a two-bedroom semi-detached property enjoying a bright South-facing garden and flowing ground floor accommodation.
With a front-facing lounge stepping through to the dining room open to the kitchen, the property continues with a rear conservatory and bathroom.
Externally, paved and lawned garden spaces are situated to the rear.
Mareham le Fen is within a convenient driving distance of the Georgian market town of Horncastle and the large villages of Coningsby & Tattershall, providing a full range of services, amenities and schooling.
Within the village itself area a primary school (ofsted recommended) and, at a particularly short walking distance, the village shop/convenience store, St Helen's Church, fish and chip shop, community hall and the popular Royal Oak public house and restaurant.
Hallway - 2'8" x 3'4" - With uPVC double glazed door to front, light to ceiling. Carpeted stairs with hand rails to first floor.
Lounge - 11'5" x 11'9" - With uPVC double glazed windows to front and side, light to wall. Carpet, radiator, multiple power points. Wood door to under stairs storage space, wood door to dining room.
Dining Kitchen - 15'10" x 11'10" - Dining Room: with uPVC double glazed window to side, radiator, tiled flooring. Floor standing boiler, multiple power points, wood door to cupboard. Open to...
Kitchen: with uPVC double glazed window and patio door to conservatory to rear, lights to ceiling. Units to base and wall levels, sink and drainer to worktop.
Hob, Caple oven, space and connection for under counter washing machine. Tiled flooring. Conservatory - 6'6" x 8'3" - With uPVC double glazed windows to side and rear, sliding doors to rear.
Tiled flooring. Bathroom - 8'4" x 4'7" - With uPVC double glazed windows to side; light to ceiling. Low level wc, pedestal sink, bath with Mira electric shower over.
Radiator, tiled flooring, tiles to walls. Landing - 2'7" x 6'11" - Carpeted, with power points and loft access hatch above.
Bedroom 1 - 11'7" x 12'1" - With uPVC double glazed window to front and side, light to ceiling. Radiator, carpet, power points.
Bedroom 2 - 11'10" x 11'8" - With uPVC double glazed windows to side and rear, light to ceiling. Radiator, carpet, power points.
Outside - The property enjoys a small front garden space, with pedestrian access from the roadside up a short path to the front door.
A side, paved and gated, private passageway provides external access to the rear garden; initially laid to paving with a lawned space- a bright, South-facing space.
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 Horseshoe Cottage, Main Street, Mareham-Le-Fen
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