3-bedroom terraced house · LN9 5EX
Sold STCListed 119 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO ONWARD CHAIN! 31 Holly Close is an end-terrace, three bedroom property with gardens to the front and rear.
Located on a no-through road, accommodation comprises entrance hallway, living room, breakfast kitchen; three bedrooms and bathroom above.
Occupying a generous plot with lawned front and rear gardens and garage to the rear, the property is within walking distance for most of the full range of services, amenities and schooling found in the Georgian market town of Horncastle – with public transport links to the City of Lincoln and the East Coast.
Hallway - With wood obscure glazed door to side, light to ceiling, radiator, wood effect flooring.
Wood door to living room; open doorway to Breakfast Kitchen - 8'9" x 15'5" - With uPVC double glazed bay window to front, light to ceiling.
Storage units to base and wall levels, sink and drainer to square edge worktop. Lamona oven and hob, space and connections for under counter washing machine and further appliances.
Wood effect flooring, radiator, multiple power points.
Living Room - 15'0" x 15'6" - With uPVC double glazed window and sliding doors to rear, light to ceiling, wood effect flooring, radiator, multiple power points.
Landing - With light to ceiling, carpeted. Loft access hatch, wood door to over stairs storage space. Master Bedroom - 8'10" x 15'4" - With uPVC double glazed window to front, light to ceiling.
Carpet, radiator, multiple power points. Bedroom 3 - 8'3" x 6'3" - With uPVC double glazed window to rear, light to ceiling. Carpet, radiator, power points.
Bedroom 2 - 8'5" x 8'9" - With uPVC double glazed window to rear, light to ceiling. Carpet, radiator, power points.
Bathroom - 7'10" x 5'7" - With uPVC double glazed obscure window to side, light to ceiling. Low level wc, pedestal sink, bath with shower over and tiled surround. Radiator, wood effect flooring.
Outside - The property is located to the end of Holly Close, with a concreted path leading down to the front door, alongside which is a useful store – housing the boiler (installed approx.
3 years ago). The front garden is laid to lawn with mature shrubs, the rear similar plus with a gravelled side space and hardstanding patio.
Facing south to the rear, the boundaries are contained by mixed fencing and hedging; a gate at the rear leads to driveway parking space and a single a garage.
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
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FAQ
About 26 Holly Close, Horncastle
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