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 work3-bedroom terraced house · PE23 5NF
Sold STCListed 118 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
HomeMove Estate Agents by Carl Smith are pleased to present to the market this End terrace home which is located within the village of Hundleby.
This established property requires a program of refurbishment works but could make a fantastic property for the new owners. Enjoying a great size garden and being situated on a lovely plot.
In brief the accommodation comprises entrance hall, sitting room, kitchen, lounge, three bedrooms and a family bathroom. Gas central heating and upvc double glazing are installed.
ENTRANCE HALL: Having electric fuse box, radiator, window and entrance door, stairs to the first floor.
KITCHEN: Having entrance door, window, radiator, base cupboards, drawers and wall mounted cupboards, roll edge work top, tiled splashbacks, inset sink, plumbing for washing machine.
LOUNGE: Having window, radiator, gas fire on a tiled base and back. SITTING ROOM: Having window, radiator, gas fire on a tiled base and back.
FIRST FLOOR LANDING: Having access to the roof space, radiator, stairs to the ground floor. BEDROOM ONE: Having window, radiator, shelved cupboard, wall mounted gas fired central heating boiler.
BEDROOM TWO: Having window unit, radiator. BEDROOM THREE : Having window unit, radiator. BATHROOM: Having window unit, radiator, pedestal wash hand basin, dual flush wc, panel bath with shower above.
OUTSIDE: Set on a good size plot, slightly overgrown. Situation: Located within the village of Hundleby, close to the market town of Spilsby. General Information: Tenure: Freehold.
Local Authority : East Lindsey District Council. The agency website indicates Tax band: A.
Energy Rating : D Carl Smith, HomeMove Lincolnshire: Carl joined the HomeMove team in 2021, bringing over 20 years of experience in the property industry and more than 15 years of managing estate agency branches across Skegness, Louth, and Grantham.
With his comprehensive understanding of the Lincolnshire property market, Carl is proud to be considered a local expert.
In 2025, HomeMove Lincolnshire was proudly recognised as the ESTAS Winner for ‘Best Agent in the PE25’ postcode. Feel free to reach out to Carl for professional property advice and support.
* When you make an offer on a property, we are required by law to carry out ID and Financial verification checks.
As part of this we will need to see documents including Proof of ID, Address and Financial Statements and we will carry out a ‘SmartSearch’ chargeable at £15.00 per buyer.
HomeMove Estate Agents may be paid a referral fee for introducing clients to their preferred EPC, Conveyancing, Survey and Mortgage service providers.
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
Agent & docs
FAQ
About Brickyard Lane, Hundleby, PE23 5NF
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