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82-86 Foundry Street, Horncastle

East Midlands

£199,995
Listed on 15/10/2025

Property Details

Bedrooms
4
Type
Semi-detached house

Description

This end-terraced property presents a unique opportunity for those looking to invest in renovation or modernization projects. Offering four bedrooms, including an adjacent one-bedroom dwelling, this home boasts spacious reception areas that can be reconfigured to suit various lifestyles. A courtyard-style garden provides outdoor space, while a substantial garage and workshop at the rear enhance the property's utility. Off-road parking is accessible from Cross Street, adding convenience for residents and guests alike. With ample space throughout, the property has significant potential for reorganization and improvement, allowing savvy buyers to tailor it to their vision (subject to necessary planning permissions). Located within easy walking distance of Horncastle's diverse range of amenities—including supermarkets, a leisure center, banks, pharmacies, and local shops—this property benefits from its central position. Additionally, a reliable bus service connects residents to Lincoln and Skegness, both just 21 miles away, making it an attractive option for commuters or those who enjoy coastal visits. This residence not only offers immediate living comfort but also significant investment potential in a desirable area.

Investment Analysis

(LN9 area)
Area Average
£227/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (LN9)

Area prices are stable by +1.7% over the last 12 months
3 year growth: -1.5%
5 year growth: 13.7%
Investment Disclaimer: Analysis based on LN9 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

82-86 Foundry Street, Horncastle
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£733
Based on a loan of £149,996 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE