2-bedroom flat · LN8 3AZ
Listing removedListed 51 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
LOCATION Maltings Court is situated within a convenient position in the popular market town of Market Rasen, providing easy access to the town centre and its range of local amenities.
Market Rasen offers a variety of shops, supermarkets, cafés, restaurants, public houses and everyday facilities, with further amenities available in the surrounding villages.
Market Rasen Railway Station is within easy reach, providing rail links towards Lincoln and Grimsby, while the A46 provides convenient road connections to Lincoln and the wider Lincolnshire Wolds.
ACCOMMODATION This bright and well presented luxury apartment offers spacious accommodation suited to modern living, while retaining and enhancing the character features associated with this Grade II Listed setting.
The internal accommodation briefly comprises a Reception Hallway, Walk-in Storage Cupboard, Two Double Bedrooms, Family Bathroom with adjoining Utility Area, and an Open Plan Living Room with Study Area, archway leading to the Dining Area and Modern Fitted Kitchen with a range of quality integrated appliances.
The property has been newly decorated throughout and an early viewing is recommended to appreciate the accommodation and character features on offer.
OUTSIDE The apartment is accessed via a communal stairway shared with one other apartment. The property benefits from one allocated parking space located to the rear of the building.
RENT AND DEPOSIT The asking Rent for the property is £800.00 per calendar month and the Tenancy Deposit is £920.00 (equal to 5 weeks' rent). The Holding Deposit for this property is £180.00.
ASSURED PERIODIC TENANCY The property will be let on an assured periodic tenancy (rolling monthly). The landlord is seeking a tenant for longer-term occupation.
ADDITIONAL FEES There are no application fees payable. You will be required to pay a Holding Deposit equal to one weeks rent to secure the property.
More information on charges to Tenants can be found on our website - VIEWINGS By prior appointment through Mundys.
THE RENTERS RIGHTS ACT 2025 New legislation was implemented in May 2026 and affects existing and new tenancies. More information on the changes is available at:
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About The Maltings Court, Market Rasen
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