3-bedroom detached house · LN8 3ZB
Listing removedReduced £10k (−3.4%) on 21 JunListed 425 days
Opportunity summary
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About
Situated on a modern new development in the market town of Market Rasen, this contemporary Three-Bedroom detached home offers spacious and flexible accommodation.
The layout includes: Entrance Hallway, Lounge, Kitchen Diner, Utility Room, downstairs WC, three Bedrooms (Master with En-suite), family Bathroom, and an integral garage.
Outside, there is driveway parking to the front and an enclosed rear garden with lawn area and patio. The property is also sold with no onward chain.
Situated on a modern new development in the market town of Market Rasen, this contemporary Three-Bedroom detached home offers spacious and flexible accommodation.
The layout includes: Entrance Hallway, Lounge, Kitchen Diner, Utility Room, downstairs WC, three Bedrooms (Master with En-suite), family Bathroom, and an integral garage.
Outside, there is driveway parking to the front and an enclosed rear garden with lawn and patio. The property is also sold with no onward chain.
Location Market Rasen is a thriving Market Town situated on the edge of the Lincolnshire Wolds with the added benefit of a train station and bus services providing regular links to larger Towns and City networks.
The Town is renowned for its Golf Course and Racecourse and also has a wonderful range of local independent retail outlets, regular markets in the cobbled market square, various restaurants, boutique hotel and guest houses, public houses, library, health care providers and good local schooling; Primary Schooling – Market Rasen C of E Primary (Ofsted Graded 'Good'), Secondary Schooling – De Aston School (Ofsted Graded 'Good').
Entrance hall Entered via a composite front door, the hallway includes oak stair rail with stairs rising to the first floor, radiator, built-in storage cupboard, and access to the lounge and kitchen diner.
Lounge 16' 11" x 10' 5" (5.18m x 3.19m) With a bright reception room with large UPVC double-glazed front window, radiator, and multiple TV and usb points.
Access to the entrance hall and kitchen diner. Kitchen/diner 8' 4" x 17' 9" (2.55m x 5.41m) Modern and spacious, fitted with a range of units and soft-close drawers, complemented by work surfaces.
Integrated appliances include built-in oven, microwave, fridge freezer, gas hob with extractor, and dishwasher.
UPVC French doors with side windows open onto the rear garden, and there is further access to the lounge, utility, and WC. Finished with spotlights, radiator, and lino flooring.
Utility room 7' 9" x 5' 2" (2.38m x 1.59m) Practical space with work surface, spaces and plumbing for washing machine and dryer, wall-mounted combi boiler, radiator, and UPVC door leading to the garden.
Downstairs WC With fitted WC and hand basin, radiator, extractor, and continuation of flooring. First floor landing With access to three bedrooms, family bathroom, storage cupboard, and loft.
Bedroom 1 14' 0" (max) x 11' 5" (max) (4.28m (max) x 3.48m (max)) Generous master bedroom with bay-style UPVC window to the front, radiator, built-in sliding wardrobe, and access to en-suite.
En-suite 7' 4" x 5' 9" (2.25m x 1.75m) Three-piece suite comprising shower cubicle with mains-fed shower, WC, wash basin with storage, chrome towel radiator, tiled splashbacks, extractor, and UPVC window.
Bedroom 2 12' 10" x 8' 11" (3.92m x 2.72m) Double bedroom with UPVC window to the front aspect, radiator, and built-in cupboard over the stairs.
Bedroom 3 7' 0" x 14' 0" (2.15m x 4.28m) Double bedroom with twin UPVC windows overlooking the rear garden and radiator.
Bathroom 6' 5" x 8' 11" (1.95m x 2.71m) Modern three-piece suite comprising bath with mains shower, WC with storage, and wash basin with cupboard storage.
Finished with tiled splashbacks, laminate flooring, chrome towel radiator, extractor, and UPVC window. Outside To the rear, an enclosed garden with paved patio, lawn, and fenced boundaries.
Gated side access via the utility room and around the garage. To the front, a driveway provides ample off-road parking and leads to the single integral garage with up-and-over door.
Garage 8' 2" x 17' 0" (2.51m x 5.19m)
Value & comps
No previous sales on record.
Returns
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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 7, Lucas Way, Market Rasen
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