3-bedroom semi-detached house · LN8 6JY
For saleListed 131 days
Opportunity summary
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About
Detailed Description A period semi-detached house which was previously the village shop, but is now in need of full renovation.
The property benefits from substantial accommodation and occupies a large plot in this rural village located in the Lincolnshire Wolds.
Location From Wragby follow the A157 and as you reach the hamlet of Burgh on Bain the property can be found on your right.
Accommodation Main Reception Room With front entrance door, double glazed bay window to front and door to a passageway which leads to the rear garden.
Lobby With access to both the front room and former kitchen area. Front Room Double glazed bay windows to front.
Former Kitchen Double glazed windows to side and rear, entrance door to rear garden and access to passageway.
Dining Area Sliding patio doors accessing rear garden, large storage cupboard, access to inner hallway. Inner Hallway Stairs rising to first floor, storage cupboard, double glazed window to side.
Sitting Room Double glazed window to front. First Floor Former Bathroom Double glazed window to front. Bedroom One Double glazed window to rear. Bedroom Two Double glazed window to rear.
Bedroom Three Double glazed window to front. Outside To the front is off street parking. To the rear is a generous L-shaped garden with useful detached outbuilding.
Other BUYERS FEE £900 + VAT TENURE & POSSESSION Freehold with vacant possession upon completion.
VIEWING Strictly by appointment with the auctioneers COMPLETION DAY 10% deposit and up to 4 weeks for completion.
AUCTION BIDDER IDENTITY CHECK Prior to bidding on any auction lots we are required to verify the identity of the bidder to comply with The Money laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulation 2017.
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Value & comps
No previous sales on record.
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Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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 The Old Village Store, Main Road, Burgh-On-Bain, Market Rasen, Lincolnshire, LN8 6JY
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