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Main Road, Thornton, Horncastle

East Midlands

£585,000
Listed on 25/03/2026

Property Details

Bedrooms
4
Type
Detached
Area
2680 sqft

Description

This four-bedroom detached home presents a substantial opportunity for renovation and investment in the desirable area of Lincolnshire. While the property has been improved to a commendable standard by the current owners, there remains potential for further enhancements that could increase its value. The spacious layout offers flexibility with a large kitchen/diner, a lounge transitioning into a conservatory, and an additional study that can serve as a fifth bedroom. The upstairs master suite features an en-suite bathroom and built-in storage, complemented by three more bedrooms and a family bathroom. Outside, the generous wrap-around garden provides ample outdoor space, while the double garage offers possibilities for conversion into an annexe or home office (subject to planning permission). Positioned close to local amenities in Horncastle and Woodhall Spa, this home combines convenience with scope for personalization, making it an appealing choice for those seeking to add their own touch. Viewing is encouraged to explore the full potential of this promising property.

Investment Analysis

(LN9 area)

Below Market Value

This property is priced -4.7% below area average per sq ft

-4.7%
Potential saving
This Property
£218/sq ft
Area Average
£229/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£674,945
10% above area average per sq ft
Potential ROI
+6.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LN9)

Area prices are stable by -2.0% over the last 12 months
3 year growth: -2.2%
5 year growth: +4.7%
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

Main Road, Thornton, Horncastle
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,110
Based on a loan of £438,750 over 30 years at 4.06% 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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