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See how verdicts work4-bedroom bungalow · LN8 5PH
For saleListed 138 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a superb non-estate position on Louth Road in the highly sought-after market town of Wragby, this beautifully refurbished four-bedroom detached bungalow enjoys an impressive plot with private electric gated access, extensive parking and a wonderful blend of modern living and character features throughout.
The property is approached via electric gates, opening onto a substantial, well-maintained frontage with manicured lawns and a generous driveway that continues alongside the property to additional parking and a detached double garage.
Internally, the accommodation has been thoughtfully updated to a high standard and briefly comprises a welcoming entrance hall, a spacious lounge featuring bi-fold doors that open onto the rear garden, creating a seamless connection between indoor and outdoor living, and a stunning farmhouse-style kitchen with dining area.
A charming open fire provides a focal point and adds warmth and character to this superb entertaining space. There is also a practical utility room.
The bay-fronted principal bedroom is a standout feature, benefitting from a walk-in wardrobe and stylish en-suite shower room.
Two further generous double bedrooms are located on the ground floor, alongside a beautifully appointed four-piece family bathroom.
To the first floor, a further double bedroom offers excellent versatility, ideal as a guest suite, home office or hobby room.
Externally, the rear garden enjoys a private aspect and has been designed to provide both relaxation and enjoyment, with lawned areas and seating spaces perfect for outdoor entertaining or simply unwinding in peaceful surroundings.
Situated within easy reach of Wragby town centre and offering excellent transport links to Lincoln and the surrounding areas, this exceptional home combines the convenience of predominantly single-level living with the flexibility of additional first-floor accommodation.
Character features including the open fires, traditional front door and farmhouse-style kitchen sit beautifully alongside the modern refurbishment, creating a home that is both stylish and inviting.
A fantastic opportunity for families, downsizers or those seeking versatile accommodation in a desirable village setting.
Viewing is highly recommended to fully appreciate everything this impressive home has to offer.
Hallway 1 12'1" x 9'2" (3.68m x 2.79m) Hallway 2 10'3" x 4'0" (3.12m x 1.22m) Bathroom 1 7'11" x 9'0" (2.41m x 2.74m) Bathroom 2 7'3" x 4'1" (2.21m x 1.24m) Living Room 18'4" x 22'6" (5.59m x 6.86m) Kitchen 22'8" x 14'0" (6.91m x 4.27m) Utility Room 8'6" x 4'0" (2.59m x 1.22m) Laundry Room 6'9" x 4'10" (2.06m x 1.47m) Bedroom One 15'4" x 14'3" (4.67m x 4.34m) Bedroom Two 12'1" x 14'0" (3.68m x 4.27m) Bedroom Three 11'11" x 14'1" (3.63m x 4.29m) Bedroom Four 18'2" x 13'6" (5.54m x 4.11m) Disclaimer haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
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 Louth Road, Market Rasen
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