3-bedroom bungalow · LN9 5PN
Listing removedListed 258 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Walters are delighted to offer to the market this immaculately maintained detached bungalow, offered with no upward chain.
Recently re-roofed in 2024, the property also presents excellent potential for internal reconfiguration-offering the opportunity to incorporate the garage into the main accommodation to create an additional bedroom with en-suite, or to extend to the rear, where there is a generous garden.
A fantastic opportunity for buyers looking to personalise a well-kept home in a desirable location.
The accommodation has uPVC sealed double glazed units throughout together with gas fired central heating and briefly comprises: ENCLOSED ENTRANCE PORCH Approached through double uPVC sealed double glazed doors and glazed door to: RECEPTION HALL Having radiator, controls for central heating and hot water, door chimes, built-in cloaks cupboard, built-in shelved airing cupboard, door to the garage and access to the roof void.
LOUNGE 16' 0" x 12' 6" (4.88m x 3.81m) Having feature fire surround and tiled hearth with fitted gas fire, radiator, TV and telephone points, wall and matching centre lights, open archway to: DINING AREA 9' 2" x 8' 4" (2.79m x 2.54m) Having radiator, wall light and extending centre light, door to the kitchen and uPVC sealed double glazed sliding patio doors to: SUN LOUNGE 8' 1" x 7' 5" (2.46m x 2.26m) With tiled floor and radiator.
BREAKFAST KITCHEN 17' 5" x 9' 6" (5.31m x 2.9m) Having stainless steel single drainer sink unit with mixer taps and range of base cupboards and drawers under worktops with wall cupboards over.
Built-in fan assisted oven and grill with space for microwave oven over, four ring gas hob with extractor fan and light over, space for fridge, radiator, electric night storage heater.
Part-tiled walls, TV point, walk-in shelved PANTRY cupboard, also having plumbing for washing machine and gas fired wall mounted combination boiler.
SIDE ENTRANCE HALL With CLOAKROOM off, with low level WC, vanity hand basin, extractor fan and fully tiled walls.
REAR ENTRANCE PORCH Being uPVC sealed double glazed with door to the rear garden, tiled floor.
BEDROOM ONE 12' 6" x 10' 6" (3.81m x 3.2m) Having fitted range of bedroom furniture including wardrobes, wall cupboards, bed side units and dressing table. Radiator.
BEDROOM TWO 11' 5" x 8' 9" (3.48m x 2.67m) Having built-in range of wardrobes and drawers with matching dressing table, wall mirror and radiator.
BEDROOM THREE 11' 1" x 7' 4" (3.38m x 2.24m) With radiator.
BATHROOM 9' 0" x 8' 9" (2.74m x 2.67m) Having fully tiled walls and floor with panelled bath, shower cubicle with electric shower unit, vanity hand basin and low level WC.
Heated towel rail, wall medicine cabinet, extractor fan and shaver point. GARAGE 17' 9" x 10' 0" (5.41m x 3.05m) Electric door, power & light, fitted storage units, cold water tap.
Excellent scope for conversion to a bedroom with en-suite or extra living space. THE GARDENS Positioned on a large corner plot, with driveway parking and lawn to the front.
Gated access to rear garden featuring a spacious patio, raised flower beds, two timber sheds, and an aluminium framed greenhouse. There is an outside cold water tap and outside lights.
OUTGOINGS - The property is situated within the East Lindsey District Council and we are advised is in Property Band C. 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
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 Hemingby Lane, Horncastle
Explore nearby