3-bedroom bungalow · LN8 3EQ
Sold STCListed 116 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Very Well Maintained and Presented, Detached Modern Bungalow in a Quiet Cul-De-Sac within easy reach of Market Rasen Town Centre.
Market Rasen caters for all of your 'Every Day' needs with Tesco and Aldi Supermarkets and Co-Op Food Store. There are a good selection of Independent Shops, Bars and Restaurants.
Doctors, Vets and a Railways Station for anyone needing to travel further afield.
This Pristine Bungalow is warmed by Gas Central Heating and the warmth is retained with the help of uPVC Double Glazing.
It is on a Good Sized Corner Plot with a Larger Than Average Single Garage, Parking, Low Maintenance Front Garden and Beautifully Maintained Gardens to Side and Rear with various Sheds and Workshops.
The accommodation comprises in brief; Entrance Porch, Reception Hall, Good Sized Living Room, Separate Dining Room, Conservatory, Kitchen, Utility Room and Cloakroom.
There are Three Bedrooms, an En-Suite Shower Room and Bathroom. Viewing Is Recommended to Appreciate.
Entrance Porch - Approached through half panelled entrance door with two double glazed inserts and matching side screen. Window to side. Radiator.
White panel effect door to:- Reception Hall - Double radiator. Coving. Access to loft. White panel effect doors off.
Living Room - 4.39m x 4.70m into bay (14'5 x 15'5 into bay) - Walk-in square bay window to the front. Coving. Double radiator.
Double opening white panel effect doors to:- Separate Dining Room - 3.05m x 3.00m (10'0 x 9'10) - Radiator. Coving. White panel effect door to Kitchen.
Double opening uPVC double glazed doors to:- Conservatory - 3.51m x 3.38m (11'6 x 11'1) - uPVC double glazed windows to sides and rear. Matching double opening doors to rear garden.
Kitchen - 3.02m x 3.05m (9'11 x 10'0) - Fitted wall and base units. Roll top worksurfaces with inset one and a half bowl, single drainer stainless steel sink top. Built-in fridge and dishwasher.
Built-in electric double oven, stainless steel gas hob and concealed extractor hood. Tiled splashbacks. Radiator. Window to rear.
White panel effect door to:- Utility Room - 2.74m x 2.69m (9'0 x 8'10) - Matching wall and base units and worksurfaces, inset single drainer stainless steel sink top. Window to rear.
Half panelled door to rear garden with two double glazed inserts. Wall mounted cupboard housing gas boiler. Radiator. White panel effect doors to Cloakroom and Bedroom Three.
Cloakroom - White suite of Low level W.C. Wash hand basin. Chrome heated towel rail. Window to side. Bedroom Three - 3.20m x 2.57m (10'6 x 8'5) - Window to front. Coving. Radiator.
Bedroom One - 3.68m x 3.51m plus wardrobe (12'1 x 11'6 plus ward - Double fitted wardrobe. Double radiator. Two windows to the front.
White panel effect door to:- En-Suite Shower Room - White suite of step-in shower cubicle. Pedestal wash basin. Low level W.C. Tiling to water sensitive areas. Towel rail. Window to side.
Bedroom Two - 2.74m x 3.91m (9'0 x 12'10) - Window to to rear. Covig. Radiator. Bathroom - White suite of panelled bath. Separate shower cubicle. Low level W.C. Pedestal wash basin.
Tiling to water sensitive areas. Chrome towel rail. Window to side. Landscaped Low Maintenance Front Garden - Mostly pebbled with inset mature shrubs.
Parking for two cars plus access to:- Larger Than Average Single Garage - 5.28m x 4.55m (17'4 x 14'11) - Electric door. Side personnel door to drive. Light and electric.
Gated storage area behind and next to the garage. Wrap Around Side And Rear Garden - Beautifully maintained side and rear garden. Two gated accesses. Extensive patio areas. Circular paved feature.
Shaped lawn. Three Sheds/Workshops. Potting shed. Flower beds and borders.
Additional Information - Tenure: Freehold Council Tax Band: C - West Lindsey EPC Rating: C Services: All mains services are connected Broadband Provider: E.E.
Value & comps
No previous sales on record.
Returns
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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.
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