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See how verdicts work2-bedroom bungalow · LN7 6UJ
For saleReduced £10k (−4%) on 14 OctListed 57 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This rarely available two-bedroom detached bungalow presents a wonderful opportunity to acquire a spacious and home in a highly sought-after location.
Offered with no onward chain, the property is ideal for those seeking a straightforward and stress-free move.
Upon entering, you are greeted by a generously proportioned interior and the heart of the home is a bright and welcoming, dual aspect lounge, perfect for relaxing or entertaining guests.
The beech style kitchen has ample space for every day dining and both bedrooms are genuine doubles, providing plenty of space for furnishings and storage .
With its Council Tax Band C rating, the bungalow offers an attractive balance of comfort and affordability.
The residence is set in a peaceful and established neighbourhood that is renowned for its community spirit and access to excellent local amenities, including the grammar school, shops, transport links, and healthcare facilities, making it suitable for a wide range of buyers, from downsizers to professionals.
The property’s detached status ensures a sense of privacy and independence, while the single-level layout provides easy accessibility throughout and the attached garage could easily be amended to provide additional accommodation if required.
This is a rare chance to secure a home that combines generous proportions, practical features, and a prime location, all without the complication of an onward chain.
Entrance Hall A recessed and lit entrance opens to the L shaped hall with radiator and deep shelved cupboard.
Lounge (5.06m x 3.90m) A generous and well dual aspect room enjoying views down the cul de sac and front garden. The traditionally appointed room is centred on the decorative fire surround.
Kitchen (3.85m x 3.20m) A well proportioned dining kitchen with views to the rear garden and extensively appointed with a good range of beech style fronted high and low units with inset 4 burner gas hob with chimney style extractor over, built in oven 1 1/2 bowl sink unit and cupboard housing the gas fired combination boiler.
A door opens to the the double glazed rear porch. Bedroom 1 (4.69m x 3.29m) Enjoying views to the rear garden this large double room offers space for wardrobes and a dressing table.
(Minimum measurements) Bedroom 2 (3.62m x 2.75m) A further rear facing double room with built in double wardrobe.
Shower Room (2.11m x 1.95m) Appointed with a full width glazed and panelled shower enclosure with electric shower, pedestal wash hand basin and part tiled walls. Toilet With wc in white.
Garden The property is fronted by a low wall beyond which there is a neat lawn with established shrub and flower borders.
A drive leads to the attached garage, which could become further living space if needed. The rear of the home is again primarily laid to lawn and the rear boundary is marked by a narrow beck.
Disclaimer Anti money laundering. Intending purchasers will be asked to produce identification documentation at the offer stage sale.
This will be requested digitally via our partner company hipla who will request a fee of £20 + VAT per purchaser. Referrals.
Newton Fallowell and our partners provide a range of services to buyers, although you are free to use an alternative provider. We can refer you on to Mortgage Advice Bureau for help with finance.
We may receive a fee of £200, if you take out a mortgage through them. If you require a solicitor to handle your purchase we can refer you on to our in house solicitors.
We may receive a fee of upto £200 if you use their services.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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FAQ
About 11 Chichester Drive, Market Rasen
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