We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom bungalow · LN8 3HY
For saleListed 13 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious, Extended Detached Bungalow, just a 'Stones Throw' from Market Rasen town centre and ready to be Re-Loved back into 'Tip-Top' condition, making it a great opportunity for anyone wanting to Stamp their own Mark on their next home.
Located close to the Town Centre you have all your everyday essentials at your finger tips, some of those include Doctors, Vets, Boots Pharmacy, Co-Op Food Store, Tesco Supermarket and the Railway Station if you need to travel further afield.
There are a good many Local and Independent Shops and Cafes which makes meeting up with friends or family nice and easy too.
This home is ready to be modernised but offers good sized rooms and a sought after location and will make the right person a Beautiful Home, It comprises: Reception Hall, Living Room, Separate Dining Room, Conservatory, Kitchen, Two Bedrooms, Bathroom plus En-Suite Wet Room.
Outside the bungalow has a Large Garden, Parking for Numerous Cars, a Single Garage and a Double Timber Garage. It is Offered For Sale with No Onward Chain.
Reception Hall - Approached through half uPVC panelled entrance door with two double glazed inserts. Radiator. Coving. Living Room - 4.24m x 3.63m (13'11 x 11'11) - Windows to front and side. Coving.
One double and one single radiator. Separate Dining Room - 2.92m x 4.29m (9'7 x 14'1) - Radiator. Coving.
Multi pane double glazed, double doors to:- Conservatory - 3.76m x 3.51m (12'4 x 11'6) - Wall mounted electric convector heater. uPVC double glazed windows to sides and rear.
uPVC double glazed, double doors to garden. Good Sized Kitchen - 3.94m x 3.51m (12'11 x 11'6) - Fitted wall and base units. Roll-top worksurfaces with inset single drainer, stainless steel sink top.
Tiled splashbacks. Two windows to the rear. Coving. Radiator. Airing cupboard housing hot water cylinder. Doorway to:- Side Lobby - Half uPVC and half double glazed door to side.
White panel effect door to Walk-In Pantry with shelving. Bedroom One - 3.71m x 3.10m (12'2 x 10'2) - Window to front. Coving. Double wardrobe recess. Radiator.
White panel effect door to:- En-Suite Wet Room - Shower area with 'Mermaid' type boarding. Low level W.C. Wash hand basin. Heated towel rail. Window to side. Coving.
Bedroom Two - 2.13m x 3.07m (7'0 x 10'1) - Window to side. Radiator. Coving. Bathroom - White traditional style suite of panelled bath having shower over. Low level W.C. Pedestal wash basin.
Tiling to half height with border tile, extending to coving height around the bath. Radiator. Window to side. Front Garden - Lawn.
Large block paved parking which extends to both sides of the bungalow and gives access to both the Single and Double Garages Single Garage - 5.18m x 2.92m (17'0 x 9'7) - Electric roller door.
Light and electric supply. Large Rear Garden - Extensive block paved patio, doubling up as second driveway and giving access to the Detached Timber Double Garage. Expanse of lawn.
Mature shrubs and trees. Vegetable garden in need of cultivation. Timber garden shed and greenhouse.
Detached Double Timber Garage - 5.89m x 4.67m (19'4 x 15'4) - Two pairs of double opening timber doors Light and electric. Additonal Information - Tenure: Freehold EPC Rating: T.B.C.
Services: Unknown, buyers will need to check and verify for themselves Council Tax Band: C - West Lindsey Broadband: Unknown, buyers will need to check and verify for themselves
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
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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 Caistor Road, Market Rasen
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