2-bedroom terraced house · LN7 6SA
For saleListed 57 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No upward chain Attention First Time Buyers and Investors. This 2 bedroom centre townhouse with garage is situated in an established residential area convenient for the town amenities.
Keenly priced to allow for any upgrading you would like the home briefly includes a generous forward facing, bay fronted lounge, beech style kitchen leading to the enclosed garden and a first floor shower room serving the 2 bedrooms.
The garage is situated in a block of 3 to the rear and the gardens offer the opportunity to landscape to your choice. Early viewing considered essential.
EPC Rating: C Entrance A Pvcu door opens to a reception lobby and an arch opens to the lounge Lounge (4.69m x 3.81m) A generous forward facing room with oriel bay window, dado rail and stair to the first floor.
Kitchen (3.79m x 2.26m) A full width room appointed with a range of beech style high and low units with contrasting tops to include an inset sink unit, space for an upright fridge/freezer, plumbing for a washing machine, inset gas cooker with extractor over, Pvcu window and door to the rear garden.
Landing Access to the roof space and radiator. Bedroom 1 (3.58m x 2.73m) A forward facing double room with deep, walk-in wardrobe. Bedroom 2 (3.40m x 1.82m) A rear facing room with radiator.
Shower Room (2.45m x 1.86m) A fully panelled room with vanity unit including an inset basin and wc, glazed shower enclosure, chrome radiator, extractor fan and airing cupboard.
Garden The property is fronted by a neat buffer garden.
Immediately to the rear there is a level deck area opening the the enclosed garden with garden shed together with pedestrian access to the rear parking area and garden.
There is vehicle access from Mallard Drive leading to a single garage in the rear garage block. Disclaimer Anti money laundering.
Intending purchasers will be asked to produce identification documentation at the offer stage sale.
This will be requested digitally via our partner company hipla who will request a fee of £20 + VAT per purchaser. Referrals.
Newton Fallowell and our partners provide a range of services to buyers, although you are free to use an alternative provider. We can refer you on to Mortgage Advice Bureau for help with finance.
We may receive a fee of £200, if you take out a mortgage through them. If you require a solicitor to handle your purchase we can refer you on to our in house solicitors.
We may receive a fee of upto £200 if you use their services.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors 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.
Area
Agent & docs
FAQ
About 6 Mallard Drive, Market Rasen
Explore nearby