3-bedroom bungalow · LN8 3JR
For saleListed 137 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
ACCOMMODATION Wilton is a well presented three bedroom bungalow situated between the village of Middle Rasen and the popular market town of Market Rasen.
Market Rasen offers a range of local amenities including shops, schools, and transport links.
The property benefits from generous off-road parking, a garage, and established gardens to both the front and rear.
The rear garden enjoys open field views and offers a range of outdoor spaces including patio areas and a potting shed.
Internally, the accommodation comprises a Porch, Kitchen, Living Room, Three Bedrooms and a Family Bathroom. Viewing is recommended to appreciate the accommodation and setting on offer.
LOCATION Middle Rasen is a thriving village situated approx 1 mile west of the larger town of Market Rasen and benefits from a Post Office and Village Shop, Primary School (Ofsted Graded 'Good') St Peter's Church and Methodist Chapel, Village Hall and Bowling Green and a variety of community groups and events.
PORCH 3' 0" x 4' 5" (0.91m x 1.35m) With tiled flooring, composite external door, composite door into hallway and uPVC double glazed windows to the front elevation.
HALL With radiator and storage cupboard KITCHEN 13' 3" x 11' 11" (4.04m x 3.63m) With tiled flooring throughout, radiator, fitted with a range of wall and base units, integrated double stainless steel sink with drainer, range cooker with gas hob and extractor fan over and uPVC double glazed windows to the rear and side elevations.
BEDROOM THREE 13' 0" x 8' 6" (3.96m x 2.59m) With radiator, uPVC double glazed window to the rear elevation and built in wardrobe.
BEDROOM TWO 11' 4" x 8' 6" (3.45m x 2.59m) With radiator, uPVC double glazed window to the side elevation and built in wardrobe.
BEDROOM ONE 10' 8" x 11' 11" (3.25m x 3.63m) With radiator and uPVC double glazed bay window to the front elevation.
BATHROOM 9' 5" x 6' 10" (2.87m x 2.08m) With tiled flooring throughout, radiator and towel rail, low level WC, wash hand basin, bath with mixer taps, corner shower cubicle and uPVC double glazed frosted window to the rear elevation.
LIVING ROOM 19' 0" x 12' 6" (5.79m x 3.81m) With radiator, window to the front elevation and electric fireplace.
GARAGE 16' 5" x 8' 8" (5m x 2.64m) With uPVC external door and uPVC double glazed window to the rear elevation.
POTTING SHED 11' 4" x 5' 1" (3.45m x 1.55m) With uPVC double glazed windows to the rear elevation. OUTSIDE With block paved driveway leading to the garage.
There is also a gravelled area providing off-road parking for multiple vehicles.
To the rear there is a well maintained lawn with surrounding fencing, a brick wall to the front boundary and raised concrete patio area to the rear elevation.
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 Gainsborough Road, Middle Rasen
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