2-bedroom bungalow · LN8 3GB
Listing removedListed 256 days
Opportunity summary
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About
A nearly new two double bedroomed detached bungalow situated within the popular new development of Fox Hollow, well located just off The Ridings and within easy access and walking distance for most into Market Rasen Town Centre and the train station.
The bungalow benefits from being upgraded from the standard new build specification and also offers open views to the rear of the property.
The immaculately presented accommodation comprises of Entrance Hallway with a large Storage Cupboard, Lounge, Kitchen Diner with a range of integrated appliances, a main Bedroom with En-suite Shower Room, a second Bedroom and a Bathroom.
Outside there are lawned gardens to the front with a driveway to the side providing ample off road parking and giving access to the Detached Single Garage and EV charging point.
To the rear of the property there is a further lawned garden with a paved seating area. Viewing of the property is essential to appreciate the accommodation on offer.
LOCATION Market Rasen is a thriving Market Town situated on the edge of the Lincolnshire Wolds with the added benefit of a train station and bus services providing regular links to larger Towns and City networks.
The Town is renowned for its Golf Course and Racecourse and also has a wonderful range of local independent retail outlets, regular markets in the cobbled market square, various restaurants, boutique hotel and guest houses, public houses, library, health care providers and good local schooling; Primary Schooling - Market Rasen C of E Primary (Ofsted Graded 'Good'), Secondary Schooling - De Aston School (Ofsted Graded 'Good').
SERVICES Mains electricity, water and drainage. Air Source Heat Pump.
ENTRANCE HALL With composite external door, vinyl flooring, access to the roof void, radiator, storage cupboard and airing cupboard housing the hot water cylinder.
LOUNGE 15' 5" x 12' 4" (4.7m x 3.76m) With UPVC double glazed window and two radiators.
KITCHEN/DINER 16' 9" x 10' 0" (5.11m x 3.05m) With composite external door, two UPVC double glazed windows, vinyl flooring, fitted with a range of wall, base units and drawers with work surfaces over, matching upstands, integral oven, four ring ceramic hob with extractor fan over, glass splashback, 1 1/2 stainless steel sink unit and drainer with mixer tap, integrated dishwasher, integrated fridge freezer, spotlighting and radiator.
BEDROOM 1 12' 8" x 11' 10" (3.86m x 3.61m) With UPVC double glazed window, fitted wardrobes and radiator.
EN-SUITE 5' 8" x 6' 3" (1.73m x 1.91m) With UPVC double glazed window, vinyl flooring, suite to comprise of low level WC, wash hand basin with storage below and a walk-in shower cubicle with tiled surround and electric shower, heated towel rail and extractor fan.
BEDROOM 2 12' 8" x 8' 8" (3.86m x 2.64m) With UPVC double glazed window and radiator.
BATHROOM 9' 3" x 7' 2" (2.82m x 2.18m) With UPVC double glazed window, vinyl flooring, partly tiled walls, suite to comprise of low level WC, wash hand basin and bath with shower attachment, heated towel rail and extractor fan.
OUTSIDE To the front of the property there is a lawned area with a pathway to the front door.
There is a driveway to the side providing ample off road parking which also gives access to the detached single garage and an EV charging point.
To the rear of the property there is a lawned garden with a paved seating area.
Value & comps
No previous sales on record.
Returns
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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 Derby Close, Market Rasen
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