3-bedroom terraced house · LN8 3NP
Sold STCListed 185 days
Opportunity summary
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About
An investment opportunity for a Three Bedroom Terraced property located in Newtoft. The property requires modernisation and refurbishment.
The accommodation comprises an Entrance Hallway leading into the Kitchen Area with access to a spacious Living Room. There are Three Bedrooms, a Bathroom and a separate WC.
Outside, to the front there is a small garden area with surrounding hedgerow, along with an external storage room and access to a shared lawn area. To the rear there is a generously sized garden.
LOCATION Newtoft is a small village on the outskirts of Middle Rasen which was historically a collection of married quarters for the former RAF base and is now a thriving community linked by its useful sports field and very popular and active Social Club.
Local Primary Schooling is available in the nearby village of Faldingworth, approx. 3 miles (Ofsted Graded 'Good') Market Rasen is situated approx.
4 miles from Newtoft and 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 guesthouses, 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').
HALL 4' 1" x 7' 4" (1.24m x 2.24m) With wooden external door, storage cupboard under the stairs and door leading into the kitchen.
STORAGE 3' 11" x 4' 6" (1.19m x 1.37m) KITCHEN 13' 4" x 7' 4" (4.06m x 2.24m) Fitted with a range of wall and base units, boiler location, integrated electric oven, integrated induction hob with extractor fan over, stainless steel sink with drainer, radiator, door to the rear with window to the side and door leading into the living room.
LIVING ROOM 13' 3" x 17' 7" (4.04m x 5.36m) With double radiators, UPVC double glazed window to the rear elevation, fireplace and doors leading to further accommodation.
HALL With radiator, wooden external door, window to the front elevation and stairs rising to the first floor.
UPSTAIRS HALL With radiator, storage cupboard, uPVC double glazed window to the front elevation, and doors leading to all rooms.
BEDROOM 1 8' 11" x 15' 5" (2.72m x 4.7m) With radiator, cupboard/wardrobe and UPVC double glazed window to the rear elevation.
BEDROOM 2 8' 10" x 6' 7" (2.69m x 2.01m) With radiator, storage cupboard, and UPVC double glazed window to the front elevation.
BEDROOM 3 8' 11" x 7' 4" (2.72m x 2.24m) With radiator, storage cupboard and uPVC double glazed window to the rear elevation.
BATHROOM 5' 6" x 4' 9" (1.68m x 1.45m) With radiator, bath, wash hand basin and UPVC double glazed frosted window to the front elevation.
WC 5' 6" x 2' 6" (1.68m x 0.76m) With low level WC and uPVC double glazed frosted window to the front elevation.
OUTSIDE To the front there is a garden area with hedgerow, external storage room and access to a shared lawn area. To the rear there is a generous garden.
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
Agent & docs
FAQ
About Arlington Road, Newtoft
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