3-bedroom house · PE21 9HY
Listing removedListed 88 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Pygott and Crone are delighted to market this executive detached New Build Property ideally located within a prestigious location.
Completed to a high specification with Underfloor Heating to the ground floor, an air source heat pump, a flexible layout and a generous freshly turfed garden, a viewing is highly advised.
Internally this spacious property measures over 1300Sqft and has accommodation briefly comprising, Entrance hall, Heart of the Home Living Kitchen Diner with Bi-Folding Doors, Utility Room and Bedroom which is served by an En-Suite Shower Room and a dressing room to the ground floor.
To the first floor there are a further two double Bedrooms and the Family Bathroom. Externally the property has a driveway providing off road parking to the front/side.
To the rear a fully enclosed garden can be found with a spacious patio area and a freshly turfed lawn.
Other benefits include Under Floor Heating to the ground floor, a Fully Integrated Kitchen, an Air Source Heat Pump and a 10 Year Build-Zone Warranty.
Parking: Driveway Parking Holding Deposit £323.07 Deposit - £1615 EPC - C Council Tax Band - A One week's rent. This is to reserve a property.
Please Note: This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing) Assured Periodic Tenancies The property will be let on an Assured Periodic Tenancy (rolling monthly tenancy).
The landlord is seeking tenants interested in longer-term occupation. The Renters' Rights Act 2025 New legislation commenced in May 2026, introducing changes affecting both existing and new tenancies.
If you are currently renting, please check your notice period with your landlord before arranging a viewing.
Please note that the tenant notice period for Assured Periodic Tenancies is a minimum of two months' notice, ending on a rent payment date or the day before a rent payment date falls due.
Accessing applicant(s) rent affordability: All applicants are assessed on their outgoing credit commitments and basic expenditures relevant to renting a home.
These findings are then be compared to the applicants monthly income to determine if the rent is affordable to the applicant(s).
HomeLet presents this figure to the agent/landlord on the final report, which will give an understanding of the maximum rent that the applicant is able to afford based on the applicants declared monthly income.
All applicants must be fully referenced by HomeLet Affordability Example 20% of total monthly income taken for expenses (as per HomeLet's process) minus outgoings = total rent affordability Monthly income is £5000.00 20% of that is £1000.00 Minus applicants monthly outgoings £1000 Applicants Maximum Rent share available is £3000.00 (this is an example only and doesn't represent any figures for this specific property) For further information on the process, please speak to a member of the rental team.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 78b, Horncastle Road, Boston
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