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See how verdicts work2-bedroom flat · LN8 5AL
For saleReduced £5k (−3.7%) on 21 JunListed 235 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity for first time buyers looking to get onto the property ladder or investors seeking a ready-to-go addition to their portfolio.
This two bedroom freehold coach house is positioned within a quiet cul-de-sac and is offered for sale with no onward chain.
Well-presented and ready to move straight into, the property offers bright and practical accommodation with the added benefit of an attached garage and allocated parking.
The accommodation comprises of an entrance hall with stairs rising to the first floor landing, open plan living kitchen space, two bedrooms and a bathroom.
Externally, the property benefits from an attached garage and allocated parking space.
A fantastic opportunity for first time buyers looking to get onto the property ladder or investors seeking a ready-to-go addition to their portfolio.
This two bedroom freehold coach house is positioned within a quiet cul-de-sac and is offered for sale with no onward chain.
Well-presented and ready to move straight into, the property offers bright and practical accommodation with the added benefit of an attached garage and allocated parking.
The accommodation comprises of an entrance hall with stairs rising to the first floor landing, open plan living kitchen space, two bedrooms and a bathroom.
Externally, the property benefits from an attached garage and allocated parking space. Services Mains electricity, water and drainage. Electric Heating.
Location Wragby boasts a range of local amenities and facilities. The village centre features services such as shops, cafes and pubs.
Wragby is also home to quaint churches and historic buildings that showcase its rich cultural heritage.
The surrounding countryside offers picturesque walking trails and outdoor spaces for nature enthusiasts to explore. Additionally, Wragby holds community events and fayres throughout the year.
Entrance hall Accessed via a UPVC entrance door to the front aspect with radiator and stairs rising to the first floor landing.
First floor landing With radiator, a useful storage cupboard housing the hot water cylinder, electric boiler and water tank and access to the loft space, two bedrooms, the open plan living and kitchen space and the bathroom.
Open plan living & kitchen 17' 11" x 15' 2 max" (5.46m x 4.62m) A bright and sociable open plan space with two timber double glazed windows to the front aspect and two radiators.
The kitchen area is fitted with a range of wall and base cupboards with laminate worktops and tiled splashbacks, 11⁄2 bowl stainless steel sink with mixer tap, electric hob with extractor over and electric oven below, integrated dishwasher and spaces for a washing machine and fridge/freezer, ample space for both dining and lounge furniture and also benefits from a built-in storage cupboard and spotlights.
Bedroom 1 10' 11 max" x 10' 9" (3.33m x 3.28m) With timber double glazed window to the front aspect, radiator and built-in wardrobe storage.
Bedroom 2 10' 9 max" x 7' 1" (3.28m x 2.16m) With timber double glazed window to the front aspect and radiator, ideal as a guest room, nursery or home office.
Bathroom Fitted with a three piece suite comprising of a close coupled WC, pedestal wash hand basin and bath with mains shower over, tiled splashbacks, radiator, extractor fan, shaver point and useful storage.
Garage 18' 0" x 12' 4 max" (5.49m x 3.76m) With manual up-and-over door, power and lighting. Outside To the front of the property there is an allocated parking space.
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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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 50, Honeysuckle Lane, Market Rasen
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