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See how verdicts work2-bedroom house · LN9 6QH
For saleReduced £5k (−2.9%) on 8 OctListed 162 days
Opportunity summary
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About
Set in Tetford, one of the most beautiful villages in the Lincolnshire Wolds, this light and neutrally decorated two-bedroom home offers a tranquil village location with the village primary school, local medical practice and miles of stunning walking routes are all just a short stroll away.
As well as easy access to pubs in neighbouring villages. The property opens through to the entrance hall providing access to the main living spaces.
Off the hall there is a useful cloakroom with WC, offering convenient facilities on the ground floor. To the front, the spacious lounge provides the main reception area.
This room offers ample space for both seating and media, and includes stairs rising to the first floor, creating a clear division between living and sleeping areas.
To the rear of the house is a well-planned kitchen diner. This space is arranged to provide room for a dining table as well as fitted kitchen units and appliances.
There is a built-in oven with four-ring gas hob, supported by a wall-mounted gas boiler.
Plumbing is in place for both a washing machine and a dishwasher, allowing straightforward installation of appliances.
Patio doors open directly from the dining area onto the rear garden, giving easy access for outdoor dining and day-to-day use.
To the first floor there are two double bedrooms, providing flexible accommodation for a couple, small family, or sharers.
Both rooms are double in size, with space for bedroom furniture and storage options according to preference.
The bathroom is fitted with a panelled bath with mains shower over, wash hand basin and close-coupled WC.
This provides a complete bathing and showering facility on the first floor, conveniently located close to both bedrooms.
Externally, the property benefits from a lawned rear garden and timber decked patio area, accessed via the patio doors from the kitchen diner.
This outdoor area offers scope for seating, planting or a simple lawned space.
There is a pedestrian gate which leads to the parking for two cars to the rear, a valuable feature in a village location and particularly useful for households with more than one vehicle.
With Horncastle and Louth within easy reach, Tetford itself is one of the most sought?after villages in the Wolds, known for its friendly community, picturesque lanes and access to some of the area’s finest walking/cycling routes.
The village school and green spaces create a welcoming, lived-in feel, while the surrounding countryside offers endless opportunities for outdoor exploration.
Homes in this location rarely come to market, making this a wonderful opportunity to secure a property in a genuinely special part of Lincolnshire.
Perfect for first-time buyers, downsizers or investors, this is an easy, low?maintenance home in a truly idyllic Wolds setting.
With its two double bedrooms, neutrally decorated accommodation, cloakroom off the entrance hall, kitchen diner with garden access, bathroom with mains shower, rear garden and rear parking, this terraced house presents a practical option for those looking to purchase a home in a Wolds village.
Its layout and features make it suitable for first-time buyers or investors seeking a property in a village environment within reach of Horncastle, Louth and the wider Lincolnshire area.
EPC rating: C.
Tenure: Freehold, Room Measurements Ground Floor Entrance Hall: 4'06" x 5'03" Cloakroom WC: 3'02" x 5'03" Lounge: 12'02" x 17'09" Kitchen Diner: 17'09" x 9'09" First Floor Bedroom One: 12'11" x 11'01" Bedroom Two: 11'00" x 8'11" Bathroom: 6'03" x 9'07" EPC Rating: C
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.
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FAQ
About Ikhaya North Road, Horncastle
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