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 work3-bedroom bungalow · LN8 3EE
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Launch Offer – Stamp Duty Paid! Reserve your new home within the first three weeks of launch and benefit from stamp duty paid by the developer. Available on selected plots for a limited time.
Terms and conditions apply. This practical and well-designed three-bedroom bungalow offers comfortable single-storey living in the heart of Market Rasen, Lincolnshire.
Perfect for downsizers, families, or those seeking a low-maintenance lifestyle, the home combines generous living space with a thoughtful layout.
At the heart of the property is a spacious lounge, providing the ideal setting for relaxing or entertaining, while the separate fitted kitchen offers ample workspace and direct access to the outside.
The impressive principal bedroom benefits from its own en suite shower room, creating a private retreat, while two further well-proportioned bedrooms are served by a modern family bathroom.
A welcoming central hallway connects each room seamlessly, maximising both space and practicality throughout.
Designed with everyday living in mind, this attractive bungalow offers versatile accommodation to suit a variety of buyers.
Located in the popular market town of Market Rasen, residents can enjoy a range of local amenities, independent shops, cafés, schools and transport links, all surrounded by the beautiful Lincolnshire countryside.
Your new home awaits you, providing you: LUXURY – Luxury shaker kitchens with quality quartz worktops, undermounted 1 ½ ceramic undermounted sink, brass tap and all integrated equipment including microwave, oven, washer/dryer, dishwasher, and fridge/ freezer.
MODERN – Air source heat pumps providing heat to traditional water based radiators.
As gas boilers are potentially to be banned by the government this should hopefully save the cost of replacing an old fashioned gas boiler system at some time in the future.
COSY – What is nicer than getting the visual warmth of a traditional looking stove and fireplace.
(fitted as standard in six of the homes) ALL THOSE LITTLE EXTRAS – Made of many parts we hope that you will appreciate some things that we have added to make your home a real home, ranging from two patios; outside light, outside electrical socket, USB/C sockets, soft-close loo seats.
NATURE BROUGHT TO YOU – You don’t need to go straight out to the garden centre after you buy, we bring your garden to you.
All gardens include front and back lawns, hedges at front, two or more trees at rear, and shrubs at rear.
THE DEVELOPER Merchant Place Homes Limited, is part of a privately owned property group established in 1998 comprising finance companies, an investment company and various development entities.
Developments are varied, ranging from Hitachi Rails train factory built over 10 years ago now in Newton Aycliffe to a hotel in Cambridge to residential developments in Gloucester and Cirencester.
EPC Forecasted to be an EPC B taking into account the building construction such as the good insulation and the modern air source heat pump heating. WARRANTY To be provided by Checkmate.
Checkmate has been a leading brand in the structural warranty sector since its launch in 2010 and is a leading industry expert in the provision of ten year and twelve year latent defects insurance and new home warranty policies CONSUMER CODE The Consumer Code for Home Builders was introduced in April 2010 by the house-building industry.
It is there to make the home buying process fairer and more transparent fo purchasers and covers every stage of the home-buying process.
Find out more at: Lounge 11'2" x 8'2" (3.4m x 2.49m) Kitchen 4.4m × 3.1m (14'5" × 10'2") Master Bedroom 3.1m × 3.77m (10'2" × 12'4") Ensuite 1.9m × 1.94m (6'3" × 6'4") Bedroom Two 2.24m × 2.99m (7'4" × 9'9") Bedroom Three 2.24m × 2.33m (7'4" × 7'7") Bathroom 2.45m × 1.94m (8'0" × 6'4") Disclaimer haart offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your portfolio, please call the Lettings Manager on the above number.
haart is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Photos in this listing may be digitally enhanced or altered for illustrative or marketing purposes.
Where applicable, furniture, decoration, landscaping or other features shown may not reflect the property in its current form.
Please refer to the description and ask the agent to confirm the current condition and features before relying on any image.
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 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.
Area
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FAQ
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