4-bedroom bungalow · LN9 5FR
For saleListed 149 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Built by respected local builders SJG Homes of Horncastle (Shinn, Jackson & Griffiths); Adrian Shinn Way is a prestigious development of attractive, each unique, four & five bedroom dormer bungalows & family homes – with generous gardens and patios in a sought-after residential area of Horncastle.
Phase 1 of the development won the LABC East Midlands area Best Medium Volume New Housing Development award in the Autumn of 2025.
The internal finishes are of the highest standard, with luxury kitchens (individually designed and unique to each property) boasting fully fitted appliances, and quality bathroom installations including two en suite shower rooms.
Each has a double garage and off-road driveway parking for multiple vehicles.
Plots 20 and 21 are the final properties to be sold on the development – offering prospective purchasers a final chance to secure a spot on this prestigious development.
7 Marmion Close will be a substantial, four-bedroom dormer bungalow with versatile reception spaces and potential for multi-generational living, with the inclusion of a ground floor bedroom suite.
Enjoying an East-West orientation, with the morning sun beaming through the kitchen and lounge; the property is located towards the end of this no-through close of similar properties.
Features: oak veneer doors, generous allowances (dependent on stage of build at time of enquiry) for: fully equipped fitted kitchen, fully equipped bathrooms, tiling; Timber staircase with oak newels hand rails and glass insets.
Services: mains electricity, mains water and drainage (no mains gas) air source heating; underfloor heating to the ground floor, radiators to the first floor; 10 photovoltaic panels equating to nearly 5KW of energy being generated for the property.
Thus, adding to the homes eco- friendly credentials providing a top-tier energy-rated property (EPC A). Intended completion date – Winter 2026
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.
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About 7 Marmion Close, Horncastle
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