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 semi-detached house · LN9 6RG
Listing removedListed 338 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is a well presented, 3 bedroom (2 doubles and generous third), 2 reception, shower room (with double width shower) and a downstairs W.C, semi-detached modern house, having a separate garage, parking for 2 cars, and a secluded & fully fenced westerly facing rear garden, all in a secluded cul-de-sac location in the well serviced historic market town of Horncastle, and there is NO ‘upward CHAIN’.
It also benefits from UPVC double glazing incl patio & external doors, mains gas central heating, external lighting & water tap and is only a council tax band ‘B’.
Outside there is the separate garage (having remote controlled roller shutter door, UPVC double glazed side window, light, power & storage space in roof void), parking for 3 cars (incl the gravelled drive to the garage and 2 further spaces to the property gravelled frontage), a secluded & fully fenced westerly facing rear garden (with paved patio, 2 large sheds each having side window & one having light & power, greenhouse, pergola, established plants & shrubs), and the open plan front garden (low maintenance with coloured gravelled having timber raised borders of established plants & shrubs).
The property consists of entrance, lounge (with display fireplace) and is open plan to the dining room that has UPVC double glazed patio doors to the garden room (octagonal shaped, and having central heating, power and external door to the patio & rear garden), fitted kitchen (incl soft closure, display lighting, built in Baumatic electric double oven incl fan assisted & LED display, stainless steel gas hob, space/plumbing fridge & washing machine), and there is the downstairs W.C.
(with wall hung hand basin & low level close coupled toilet).
Upstairs is the landing (with built in cupboard), modern shower room (with double width shower having glass pivot door, pedestal hand basin & toilet), and the 3 bedrooms (two doubles and generous third).
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 Islip Court, Horncastle
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