4-bedroom bungalow · LN9 5BF
For saleListed 91 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Walter's are delighted to bring to the market this desirable, exceptionally spacious and versatile extended bungalow, offering flexible accommodation that could comfortably suit two-family living, if required.
Occupying generous, well-maintained gardens, the property benefits from a double garage and ample off-road parking.
Situated in a discreet and highly sought-after location, just a short distance from the town centre, this impressive home is offered to the market with the added advantage of no onward chain, making it an ideal opportunity for a smooth and straightforward purchase.
RECEPTION HALL Having two radiators, wall thermostat, display niche with lights, wall lights, built-in double cloaks cupboard, built-in shelved storage cupboard, built-in airing cupboard housing the pre-lagged hot water tank with immersion heater.
Smoke detector, door chimes and access to the roof void.
LOUNGE 17' 10" x 17' 8" (5.44m x 5.38m) Having feature fire surround and hearth with fitted electric coal effect fire, two double radiators, telephone point, TV aerial lead, wall and center lights, and double doors leading to: DINING AREA 11' 3" x 10' 11" (3.43m x 3.33m) Having two double radiators, wall lights, telephone point, open access to the kitchen and double doors to: CONSERVATORY 11' 7" x 11' 7" (3.53m x 3.53m) Being part-brick with uPVC sealed double glazed windows and double doors to the garden, tiled floor, TV point, ceiling fan light, window blinds and double radiator.
KITCHEN 14' 3" x 12' 11" (4.34m x 3.94m) Having 1½ bowl single drainer sink unit with mixer taps and cold water filter tap, range of base cupboards and drawers under worktops with wall cupboards over with concealed lights.
Rangemaster electric range cooker, two ovens, grill and warming tray, five ring calor gas hob over with extractor fan and light above.
Integral freezer, dishwasher, double radiator, tiled floor, TV aerial point and in-set ceiling lights.
UTILITY ROOM 7' 2" x 5' 2" (2.18m x 1.57m) Having single drainer sink unit with mixer taps, cupboard and drawer under, wall cupboards over.
Tiled floor, radiator, rear entrance door, part-tiled walls, built-in storage cupboard with water softener. BEDROOM ONE 16' 7" x 13' 4" (5.05m x 4.06m) Having double radiator, wall lights, TV point.
EN-SUITE SHOWER ROOM 11' 0" x 4' 3" (3.35m x 1.3m) Having fully tiled walls and floor, corner shower cubicle, pedestal hand basin and low level WC. Extractor fan, heated towel rail.
BEDROOM TWO 11' 9" x 9' 6" (3.58m x 2.9m) Having radiator, TV and telephone points. EN-SUITE SHOWER ROOM With fully tiled floor and walls, shower cubicle, pedestal hand basin and low level WC.
Wall mirror, extractor fan and radiator. BEDROOM THREE 11' 10" x 8' 11" (3.61m x 2.72m) With radiator, TV point and built-in single wardrobe.
BEDROOM FOUR 10' 10" x 8' 9" (3.3m x 2.67m) Having radiator, TV and telephone points, built-in double wardrobe. SITTING ROOM 15' 7" x 12' 6" (4.75m x 3.81m) Which could be used as a fifth bedroom.
Having two double radiators, TV and telephone points, in-set ceiling lights and uPVC sealed double glazed sliding patio doors to the rear garden.
BATHROOM 9' 6" x 6' 4" (2.9m x 1.93m) Having panelled bath, corner shower cubicle, pedestal hand basin, low level WC. Fully tiled walls and floor, wall mirror, wall lights, extractor fan and radiator.
OUTSIDE - DETACHED DOUBLE GARAGE 22' 5" x 21' 0" (6.83m x 6.4m) Having remote control up-and-over door and side personal door, power and light connected.
THE GARDENS The property is approached off The Ropewalk over a block paved driveway with ample parking to the front.
Gated side access to the side and rear gardens, footpaths and patio area to the rear together with outside oil fired boiler and oil storage tank.
OUTGOINGS - The property is situated within the East Lindsey District Council. Property Band D. POSSESSION - Vacant possession will be given on completion.
FIXTURES AND FITTINGS - All those detailed are included in the sale as are the fitted carpets. VIEWING - Strictly and only by prior appointment to be made through the Sole Selling Agent - Walters.
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
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FAQ
About The Ropewalk, Horncastle
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