3-bedroom bungalow · LN8 6AL
For saleListed 148 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Choice Properties is delighted to present this characterful property, set in an elevated position within a quiet village in the heart of the Lincolnshire Wolds (AONB), enjoying beautiful countryside views and a peaceful setting with a café /giftshop and local village pub.
The home offers spacious and versatile accommodation with a wealth of charm throughout.
Ideally located, it is just 5 miles from Market Rasen with its train station and 7 miles from the popular market town of Louth, providing excellent access to local amenities and transport links.
Entrance Porch - 2.06m x 1.30m (6'9" x 4'3") - The entrance porch features an impressive hardwood entrance door, tiled flooring, exposed brick walls, and a pitched beamed ceiling, creating a welcoming first impression.
A composite internal door leads through to the entrance hall, while a stained uPVC glass window to the side aspect provides additional natural light.
Entrance Hall - 2.41m x 0.94m (7'11" x 3'1") - The entrance hall benefits from a uPVC window to the side aspect, allowing for natural light, along with a radiator.
An internal cottage-style door provides access to the sun room. Sun Room - 3.05m x 3.89m (10'0" x 12'9") - The sunroom is a bright and airy space featuring uPVC French doors opening out to the garden.
The room benefits from beamed ceilings, partially exposed brick walls, a radiator, and power points, along with sliding glass doors providing access to the living room.
Living Room - 3.38m x 5.13m (11'1" x 16'10") - The living room is a generously sized space featuring a log burner set within a fireplace with tiled hearth, brick surround, and a solid oak mantel.
The room also benefits from a large uPVC window to the side aspect, a small fitted storage cabinet, radiator, power and telephone points, and characterful beamed ceilings.
Hallway - 1.65m x 4.80m (5'5" x 15'9") - The hallway provides access to the majority of rooms via a solid oak cottage-style doors.
The space also benefits from a radiator, thermostat, power points, and access to the loft via a loft hatch.
Dining Room - 3.07m x 4.11m (10'1" x 13'6") - The dining room is a spacious area featuring a large uPVC window to the side aspect, allowing for plenty of natural light.
The room also benefits from a radiator, power points, and ample space for a dining table and chairs.
Kitchen - 3.00m x 3.28m (9'10" x 10'9") - The kitchen is fitted with a range of shaker-style wall, base, and drawer units with work surfaces over.
Features include a large single bowl ceramic sink with chrome mixer tap and ceramic drainer, space for a four-ring range cooker with extractor hood and tiled splashback over, along with space for a dishwasher and under-counter fridge freezer.
The room also benefits from part-tiled walls, tiled flooring, radiator, power points, a large uPVC window to the rear aspect, and an opening leading through to the lobby, with the consumer unit neatly housed within a box unit.
Utility Room - 1.68m x 1.70m (5'6" x 5'7") - The utility room benefits from a frosted uPVC window to the side aspect and houses the oil-fired boiler.
There is space for a freestanding fridge freezer, along with plumbing for a washing machine and space for a dryer.
Lobby - 1.27m x 1.68m (4'2" x 5'6") - The lobby features tiled flooring and provides access to the utility room. There is also an external door leading to the side porch.
Side Porch - 1.68m x 0.79m (5'6" x 2'7") - The side porch features double opening uPVC doors providing access to the side garden. The space is finished with tiled flooring.
Bedroom 1 - 5.05m x 3.18m (16'7" x 10'5") - Bedroom one is a spacious double room, benefiting from a built-in storage cupboard and a large uPVC window to the front aspect allowing for plenty of natural light.
The room also features a free-standing oak wardrobe, solid oak flooring, a radiator and power points throughout.
Bedroom 2 - 3.81m x 3.20m (12'6" x 10'6") - Bedroom two is a double bedroom featuring fitted wardrobes with sliding doors and a large uPVC window to the rear aspect.
The room also benefits from a wash hand basin set over a vanity unit, along with a radiator and power points.
Craft Room / Bedroom 3 - 3.84m x 2.69m (12'7" x 8'10") - Bedroom three, currently utilised as a craft room, is a double bedroom featuring fitted wardrobes with sliding doors.
The room also benefits from a pedestal wash hand basin with single taps, radiator, power points, and a uPVC window to the rear aspect.
Bathroom - 3.35m x 2.67m (11'0" x 8'9") - The bathroom is fitted with a four-piece suite comprising a jetted ‘P’-shaped bath with mixer tap, a waterproof panelled shower cubicle with electric shower, a low-level WC, and a ceramic wash hand basin set within a vanity unit with single taps.
The room also benefits from a storage cupboard housing the hot water tank, under-floor heating, part-panelled walls, spot lighting, extractor fan, chrome heated towel rail, and a frosted uPVC window to the front aspect.
Driveway - The property benefits from a private gated gravelled driveway providing parking for two vehicles.
In addition, there is a further gravelled driveway opposite the entrance gates, offering space for a larger vehicle.
Gardens - The garden benefits from outdoor power and water supply, and is impeccably well presented.
Boundaries are mainly defined by fencing and established hedging, with a small gravel patio area and the remainder laid to lawn. Two useful sheds, one with full electrics, ideal for storage.
A selection of shrubs and plants adds interest, making this an ideal space for keen gardeners. Tenure - Freehold.
Council Tax Band - Local Authority - East Lindsey District Council, The Hub, Mareham Road, Horncastle, Lincolnshire, LN9 6PH Tel. No.
Website: Council Tax Band - According to the Valuation Office Agency Website the property is currently in Council Tax Band C. Viewing Arrangements - By appointment through Choice Properties on .
Opening Hours - Monday to Friday 9.00am to 5.00pm Saturday 9.00am - 3.00pm Making An Offer - If you are interested in making an offer on this property please have a chat with us and we will be happy to start the negotiations for you.
Under money laundering regulation we will ask you to provide us with formal photographic ID by way of either a passport or driving licence.
If you are travelling from afar we would advise bringing this documentation with you just in case this home is perfect for you.
We would also like to make you aware that we will require details of your estate agents, proof of funds should you be a cash buyer and solicitors details, as this helps us to start the transaction quickly for you.
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 advisors 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.
Area
Agent & docs
FAQ
About Fanny Hands Lane, Ludford, Market Rasen
Explore nearby