We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work5-bedroom house · LN8 2BS
Listing removedListed 136 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Spinney | Lime Grove | Owmby-By-Spital Situated in a newly developed gated community, The Spinney is a uniquely-built 5-bedroom home that offers an expansive layout over 3 storeys and luxury contemporary specification.
Built and occupied by local developer Jam-Jar Developments, this home as been lovingly crafted to showcase their dedication to high-quality build and design.
The Spinney is purchased with no onward chain and is immaculately presented ad though purchasing from new.
Jam-Jar Developments are a local boutique development company who are locally known for their exceptional design and specification.
The Spinney boasts a number of high-quality details throughout including: Bespoke Krantz kitchen fitted with full suite of integrated appliances, pantry units, incinerator sink and Quooker boiling water tap.
Stunning feature island with fitted storage and 50mm quartz worktop. Spotlight lighting through with feature pendants to kitchen island. Amtico flooring in modern herringbone style.
Exceptional bathrooms and ensuites with stylish fixtures and fittings, modern tiling, rainfall shower heads and freestanding baths. Underfloor heating throughout and fitted log-burner to lounge.
Statement panelling to upper floor master bedroom, with drop down ceiling TV. The Spinney not only hosts an incredible specification, but has been designed with modern life in mind.
The heart of the home is centred around the expansive kitchen/living/dining area - with bifold doors leading out to the garden which has stunning views over the Lincolnshire countryside.
All bedrooms are well proportioned doubles, all with access to individual bathrooms - including a Jack and Jill bathroom to bedrooms 4 and 5.
One of the most impressive parts of The Spinney is, however, the master suite situated on the second floor.
With striking modern panelling and freestanding bath, this bedroom really does make a statement.
A large ensuite with walk in shower is also accessed on this floor, giving it a sense of luxury and self-containment from the rest of the home.
Situated in Owmby-by-Spital the property stands in a highly regarded Lincolnshire village, offering a peaceful rural setting while remaining exceptionally well connected.
Positioned just off the A15, the location provides straightforward access to Lincoln, Scunthorpe and the Humber region, making it ideal for commuters seeking space without isolation.
The surrounding countryside offers an abundance of walking routes and open landscapes, while nearby Market Rasen provides a range of everyday amenities.
The neighbouring village of Normanby By Spital features a brilliant pub The Bottle & Glass and is just a short 10 minute walk from the development.
This balance of village tranquillity and accessibility makes The Spinney particularly well suited to families, professionals and buyers seeking a refined lifestyle with modern infrastructure in place.
Technical Information EPC Rating - B Council Tax - tbd Tenure - Freehold Utilities - Mains Water & Sewerage, Air Source Heat Pump Please contact Rosie at Hortons to arrange a viewing on this exceptional home and visit Instagram @HortonsRosie for further details and marketing.
Agent Note Whilst every care has been taken to prepare these sales particulars, they are for guidance purposes only.
All measurements are approximate and for general guidance purposes only and whilst every care has been taken to ensure their accuracy, they should not be relied upon and potential buyers are advised to recheck the measurements.
Disclaimer In accordance with current legal requirements, all prospective purchasers are required to undergo an Anti-Money Laundering (aml) check. An administration fee of £40 per property will apply.
This fee is payable after an offer has been accepted and must be settled before a memorandum of sale can be issued.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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.
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FAQ
About 4 Lime Grove, Market Rasen
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