2-bedroom terraced house · LN8 3ET
For saleReduced £5k (−3.4%) on 21 JunListed 248 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to purchase this deceptively spacious Three Storey, Two Double Bedroom Townhouse, forming part of a former granary conversion.
The property has been thoughtfully converted and retains a number of original features, including exposed brickwork, original beams, and structural poles, giving the home real character throughout.
To the Ground Floor, the property is entered via an Entrance Hallway with stairs rising to the First Floor.
The First Floor provides a Dining Area which flows through to the Kitchen and then into the Lounge.
To the Second Floor, there are Two Double Bedrooms, one of which benefits from an En-suite Shower Room, along with a separate Family Bathroom.
The property further benefits from a garage, ideal for secure parking or storage, with a generous Utility Room located to the rear of the garage.
The home is well presented throughout and would be well suited to a first time buyer or a buy-to-let investor.
A fantastic opportunity to purchase this deceptively spacious Three Storey, Two Double Bedroom Townhouse, forming part of a former granary conversion.
The property has been thoughtfully converted and retains a number of original features, including exposed brickwork, original beams, and structural poles, giving the home real character throughout.
To the Ground Floor, the property is entered via an Entrance Hallway with stairs rising to the First Floor.
The First Floor provides a Dining Area which flows through to the Kitchen and then into the Lounge.
To the Second Floor, there are Two Double Bedrooms, one of which benefits from an En-suite Shower Room, along with a separate Family Bathroom.
The property further benefits from a garage, ideal for secure parking or storage, with a generous Utility Room located to the rear of the garage.
The home is well presented throughout and would be well suited to a first time buyer or a buy-to-let investor.
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').
Garage 16' 8" x 10' 7" (5.08m x 3.23m) With up-and-over door, power, lighting, and water supply.
Utility room 10' 11" x 10' 7" (3.33m x 3.23m) With UPVC double glazed window, vinyl flooring, fitted with base units and work surface over, wall mounted unit above, stainless steel sink and drainer, plumbing, space for washing machine, radiator and wall mounted gas central heating boiler.
Entrance hall With UPVC double glazed external door, tiled flooring and stairs rising to the first floor. First floor landing With stairs rising to the second floor.
Dining room 11' 1" x 7' 2" (3.38m x 2.18m) With UPVC double glazed window, spotlighting and radiator.
Kitchen 7' 4" x 7' 3" (2.24m x 2.21m) With vinyl flooring, fitted with a range of wall, drawer, and base units with work surfaces over, tiled splashbacks, stainless steel sink and drainer with mixer tap, integrated oven, four ring ceramic hob with extractor fan over and integrated fridge.
Lounge 13' 4" x 10' 7" (4.06m x 3.23m) With UPVC double glazed window, exposed brickwork, original feature beams, understairs storage cupboard, radiator and spotlighting.
Second floor landing With exposed feature beams. Bedroom 1 16' 0" x 10' 7" (4.88m x 3.23m) With UPVC double glazed window, radiator, exposed brick feature wall, original beam and structural pillar.
Shower room 5' 0" x 4' 3" (1.52m x 1.3m) With tiled flooring, walk-in shower cubicle with fully tiled walls, heated towel rail, spotlighting and extractor fan.
Bathroom 9' 7" x 4' 3" (2.92m x 1.3m) With tiled flooring, partly tiled walls, low level WC, wash hand basin with mixer tap, panelled bath with mixer tap, heated towel rail, spotlighting and extractor fan.
Bedroom 2 10' 7" x 9' 2" (3.232m x 2.79m) With UPVC double glazed window and radiator.
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 2 Granary Court, Church Street, Market Rasen
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