4-bedroom terraced house · LN9 6AZ
Sold STCListed 342 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**NO ONWARD CHAIN** 40 East Street is a substantial semi-detached family home, occupying a prominent town centre position and boasting a large, South facing garden.
Within comfortable distance of Horncastle's full range of services and amenities, including primary and secondary schooling, the property will suit a range of potential purchasers and offers dedicated off-road parking.
The property boasts a large, front-facing Dining Room open to the bright Sitting Room; a rear-facing Conservatory; Breakfast Kitchen with Pantry, Utility and Washroom adjacent and a versatile Study / Snug to the ground floor.
The first floor is laid out with four Bedrooms, one with En Suite Bathroom, a further Washroom and a family Bathroom. The rear patio provides access to an external Workshop/Store.
40 East Street enjoys historical prominence with a (locally-arranged) 'blue plaque' on the front wall commemorating Annie Dixon: Miniature Portrait Artist to Queen Victoria (1817-1901).
The property is Grade II listed, alongside adjacent number 42, under the list entry number 1251541.
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 40 East Street, Horncastle
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