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See how verdicts work2-bedroom terraced house · LN8 3JL
For saleListed 43 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Quietly Positioned in a Tucked Away Position but only a Short Stroll in Market Rasen Town Centre.
The town has all of your Everyday Shopping and Leisure needs including Post Office, Co-Op Food Store, Tesco Supermarket, Pubs, Bars and Cafes as well as Doctors and a Railway Station for anyone needing to travel further afield to visit family of friends.
This Very Well Presented Mid Terraced Home is for the Over 50's, the development has a great Community Feel and enjoys Well Tended Communal Gardens where you can sit out and catch up with your neighbours.
This Pristine Home has uPVC Sash Style Multi Pane 'Georgian' Style Double Glazing and Gas Radiator Central Heating.
The accommodation comprises in brief: Reception Hall, Cloakroom, Lounge/Dining Room, Kitchen, Two Bedrooms, Bathroom and Separate Shower Room.
The Communal Garden is Accessed from the Lounge/Dining Room where there is a Patio Area Immediately Outside. This 'Spick and Span' Home is Ready to Move Into and has No Onward Chain.
Reception Hall - Approached via half panelled and half multi pane, single glazed entrance door. Dado rail. Coving. Radiator. Stairs to First Floor with cupboard under.
White panel effect doors to Cloakroom and Kitchen. Multi pane glazed door to Lounge/Dining Room. Cloakroom - Low level W.C. Corner wash basin. Tiling to dado height. Extractor fan.
Lounge/Dining Room - 7.32m overall length x 4.27m narrowing to 3.40m (2 - Lounge Area: 12'7 x 14'0. Living flame gas fire with marble style hearth, granite style surround and wood mantel. Coving.
Two double radiators. Two windows to the front. Dining Area: 11'4 x 11'2. Window to rear. Half uPVC panelled and half multi pane, double glazed door to Communal Gardens. Coving.
Serving hatch to Kitchen. Kitchen - 2.64m x 3.05m (8'8 x 10'0) - Wood fronted wall and base units. Black granite effect roll top worksurfaces with inset one and a half bowl, single drainer sink top.
Matching larder cupboard. Built-in fridge and freezer, washing machine, dishwasher, double oven and gas hob with extractor over. Tiled splashbacks. Gas boiler. Window to rear.
First Floor Landing - White banister and turned spindles. Coving. Dado rail. Access to loft. Airing cupboard with radiator. White panel effect doors off.
Bedroom One - 3.96m x 3.66m plus wardrobes (13'0 x 12'0 plus war - Two double wardrobes. Two windows to rear. Radiator. Coving.
Bedroom Two - 3.20m minimum x 3.38m plus recess housing wardrobe - Fitted study furniture including desk, shelving, glazed display cabinet. Double wardrobe. Two windows to the front.
Additional bookshelving. Radiator. Coving. Bathroom - White suite of panelled bath having mixer tap/shower attachment. Low level W.C. Wash hand basin in vanity unit with double cupboard under.
Tiling to dado height. Radiator. Window to rear. Separate Shower Room - Step-in shower cubicle. Low level W.C. Wash hand basin in vanity unit with double cupboard. Tiling Water sensitive areas.
Radiator. Window to front.
Communal Gardens - Accessed via the back door from the Lounge/Dining Room with a patio area directly outside, then opening onto sweeping lawns with mature shrubs and trees and a 'residents seating area'.
Additional Information - Tenure: Leasehold - Terms T.B.C. Ground Rent: There is no Ground Rent payable.
Service Charge: The Service Charge for the house is £1500.00 per annum paid half yearly on 1st April an 1st October. Services: T.B.C. EPC: T.B.C. Council Tax Band: D - West Lindsey
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 Church Mill Close, Market Rasen
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