4 bed commercial property for sale High Street, HORNCASTLE

4 beds 2 baths Commercial property

For sale by auction Freehold

Added on 16/09/2026

About this property

GUIDE PRICE £200,000 - Mixed use property Commercial to the ground floor & 2 residential flats above Potential combined rental income of approximately £28,000pa AVAILABLE POST AUCTION GUIDE PRICE: £200,000 Description A mixed-use property comprising a commercial premises to the ground floor and 2 residential flats above. Currently, the commercial premises and one of the flats is vacant, with the second flat being currently tenanted and achieving £600pcm. The ground floor has most recently been used as a barber shop and hair salon.

Key features

UNSOLD AT AUCTION
10 September 2026
EPC Rating - D

Location

High Street, HORNCASTLE, LN9 5HP

Open map Street View

Council tax: Band D (Approx £2,276/year)

Mortgage and stamp duty

Property price £200,000

£100k £300k

Deposit10% £20,000

£0 £200k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £180,000 mortgage. Most lenders would want a household income of about £40,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in LN9 5HP. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
15, High Street Terraced	Terraced	Jun 2008	—	—	—	£148,000
15, High Street Flat / maisonette	Flat / maisonette	Jun 2008	—	—	—	£72,000
21, High Street Semi-detached	Semi-detached	Dec 2004	—	—	—	£90,000
17a, High Street Terraced	Terraced	Sept 1996	1,561 sq ft £56/sq ft	1,561 sq ft	£56	£88,000