2-bedroom terraced house · LN8 5AL
For saleListed 57 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO ONWARD CHAIN! 21 Honeysuckle Lane is a two-bedroom, mid-terrace property with a rear garden, driveway and garage parking.
Redecorated and carpeted ready for sale, this modern home will suit a range of potential purchasers.
Internal accommodation comprises: entrance hallway, kitchen, cloakroom and lounge to the ground floor; bedrooms and bathroom above.
Within walking distance for most are Wragby’s shops and amenities including supermarket, market ‘square’ and bus stop with services running to the city of Lincoln; Horncastle and the East Coast.
Hallway - 4'1" x 9'7" - Entered to the front, through composite double glazed obscured door. With light to ceiling, carpet, radiator, power point.
Carpeted stairs to first floor, wood doors to accommodation. Lounge - 15'9" x 12'10" - With uPVC double glazed French doors to rear, wood double glazed window to rear.
Light to ceiling, radiators, carpet, multiple power points. Wood door to storage space. Kitchen - 8'0" x 9'6" - Having wood double glazed window to front, light to ceiling.
1 1/2 sink and drainer to square edge worktop, storage units to base and wall levels. Beko oven and four ring hob beneath extractor. Tiled flooring, radiator, multiple power points.
Cloakroom - Having wood double glazed obscured window to front, light to ceiling. Low level wc, pedestal sink, radiator . Vinyl flooring.
Bedroom 1 - 15'10" x 9'2" - Having wood double glazed windows to front, light to ceiling. Carpet, radiator, multiple power points, built in wardrobe space.
Bedroom 2 - 8'11" x 10'8" - Having wood double glazed window to rear, light to ceiling. Carpet, radiator, multiple power points.
Bathroom - 6'6" x 7'4" - With wood double glazed obscured window to rear, light to ceiling. Low level wc, pedestal sink, bath with shower over to tiled surround. Vinyl flooring, radiator.
Rear Garden - The property includes a rear garden, contained by wood panel fencing, laid to lawn with paved patio seating space and path to the rear gate.
Accessed further up the lane is a brick paved courtyard, from which the property has a single garage and space in front.
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 21, Honeysuckle Lane, Wragby, Market Rasen
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