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See how verdicts work3-bedroom bungalow · LN9 5LP
For saleListed 5 daysAuction 10 Nov · in 15 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price = £240,000+ **For Sale By Public Auction 11th November 2026 09:30 AM To inspect the legal documents for this property go to our website to download the legal pack** A Vacant Three Bedroom Detached Bungalow in Need of Refurbishment By Order of the Executors Tenure Freehold Location The property is situated on a residential road close to local shops and amenities.
The open spaces of Greenacres Park are within easy reach. Transport links are provided by the A158. Description The property comprises a three bedroom detached bungalow.
Accommodation Ground Floor Reception Room Kitchen Three Bedrooms (one with an en-suite) Bathroom Exterior The property benefits from both front and rear gardens, a garage and off street parking.
Open House Viewings To Be Confirmed
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 4 Carlisle Gardens, Horncastle, Lincolnshire, LN9 5LP
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