2-bedroom house · LN8 3SS
Sold STCListed 154 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well presented town centre location cottage. Close to all local amenities, comprising entrance hall, lounge, kitchen diner, wc, 2 bedrooms and bathroom. With allocated parking.
An ideal investment / first time buy with no onward chain EPC rating: D.
Situation Market Rasen town is popular with walkers and there are great routes and trails just five minutes stroll from the town centre.
You can also head out to Willingham Woods where there are numerous trails and paths for all ages and abilities.
In the town centre you will find traditional and long-standing family run shops including ironmongers, butchers, menswear confectionery, bakery & fruit & veg.
The town boasts high-quality and award winning places to eat for all budgets. Market Rasen is approximately 16 miles from Lincoln City and 15 miles from the market town of Louth.
There are regular bus and train services.
Entrance Hall (1m x 2.23m (3'3" x 7'4")) Composite front entrance door, electric heater and cloak cupboard Lounge (4.24m x 2.86m (13'11" x 9'5")) Double glazed window to rear aspect and electric heater Kitchen Diner (2.68m x 3.01m (8'10" x 9'11")) A range of fitted wall and base units, space for fridge freezer, space and plumbing for washing machine, sink unit, electric oven, 4 ring hob, tiled splash backs, vinyl flooring and double glazed window to rear aspect Dining Room (2.76m x 2.09m (9'1" x 6'10")) Stairs to first floor accommodation and electric heater WC (1.45m x 0.77m (4'9" x 2'6")) Low level WC, pedestal hand wash basin, tiled splash backs and vinyl flooring Landing (1m x 3.13m (3'3" x 10'3")) Electric heater, roof void access and airing cupboard housing hot water cylinder Bedroom 1 (3.58m x 2.76m (11'9" x 9'1")) Double glazed window to rear aspect and electric heater Bedroom 2 (2.21m x 3.13m (7'3" x 10'3")) Double glazed window to rear aspect and electric heater Bathroom (1.62m x 2.89m (5'4" x 9'6")) 3 piece suite comprising low level WC, pedestal hand wash basin, panelled bath with electric shower over, splash backs, heated towel rail and vinyl flooring Parking The property benefits from an allocated parking space Agents Notes These particulars are for guidance only.
Lovelle Estate Agency, their clients and any joint agents give notice that:- They have no authority to give or make representation/warranties regarding the property, or comment on the services, tenure and right of way of any property.
These particulars do not form part of any contract and must not be relied upon as statements or representation of fact. All measurements/areas are approximate.
The particulars including photographs and plans are for guidance only and are not necessarily comprehensive. Next Steps Successful buyers will be required to complete anti-money laundering checks.
Our partner, Hipla, will carry out the initial checks on our behalf. The current non-refundable cost is £24 inc. VAT per person.
You’ll need to pay this and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring that might be required.
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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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 4, Peatfields Row, Market Rasen
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