3-bedroom bungalow · LN8 3ES
For saleListed 256 days
Opportunity summary
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About
A Modern, Detached and Well Presented Bungalow close to the heart of Market Rasen which offers a good selection of Independent Shops, Restaurants, Bars, a Leisure Centre, Tesco Supermarket, Co-op Food Store, Doctors, Vets and Railway Station for anyone needing to travel further afield.
It is heated by gas radiator central heating and retained by cream colour uPVC double glazing.
Once inside you get a cosy feel and it is a blank canvas to add your own style, flare and finishing touches.
The accommodation comprises in brief; Reception Hall, Living Room with Bay Window and Feature Fireplace, Kitchen/Diner with modern cream colour units, Utility Room, Three Bedrooms all with fitted wardrobes, En-Suite Shower Room and Re-Fitted Main Shower Room.
Outside there is a Parking for several cars to the Front, access to the Attached Single Garage which is also accessible from the Utility Room and a Low Maintenance Rear Garden with Covered Pergola.
It is offered For Sale with No Onward Chain. Reception Hall - Approached through composite front door with two double glazed inserts and matching side screen. Radiator. Wood effect flooring.
Living Room - 5.16m into bay x 3.91m (16'11 into bay x 12'10) - Feature fireplace with gas 'Log Burner' style fire, slate hearth and pine mantel. Bay window to the front. Two double radiators.
Modern Cream Colour Kitchen/Diner - 5.08m x 3.10m (16'8 x 10'2) - Modern cream colour, high-gloss finish wall and base units.
Roll top work-surface with inset one and a half bowl, single drainer sink top. Built-in stainless steel electric oven, electric hob and stainless steel canopy over with extractor.
Space for dishwasher. Tiled splashbacks. Window to side. Double glazed/double doors to side and garden beyond. Wood effect flooring. Double radiator.
Bedroom One - 4.17m x 3.02m plus recess and wardrobes (13'8 x 9' - Three double fitted wardrobes. Windows to rear and side. Doubler radiator.
Door to:- En-Suite Shower Room - White suite of step-in shower cubicle. Low Level W.C. Pedestal wash basin. Tiling to water sensitive areas. Window to rear. Radiator.
Bedroom Two - 4.19m x 2.92m plus wardrobe (13'9 x 9'7 plus wardr - One double and one single wardrobe. Windows to side and rear. Double radiator.
Bedroom Three - 3.20m max x 3.43m (10'6 max x 11'3) - Double wardrobe. Double radiator. Window to side. Re-Fitted Shower Room - Double length walk-in shower. Low Level W.C. Pedestal wash basin.
Tiling to water sensitive areas. Radiator. Window to side.
Front Garden - Mainly block paved providing parking for several cars and access to:- Attached Single Garage - 6.15m x 2.69m (20'2 x 8'10) - Up and over door. Light and electric. Gas boiler.
Door to Utility Room. Low Maintenance Rear Garden - Paved and with raised flower beds. Covered pergola.
Additional Information - Tenure: Freehold Services: All mains services are connected Council Tax Band: C - West Lindsey EPC Rating: C
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Waterloo Street, Market Rasen
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