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 house · LN8 5AL
Listing removedReduced £10k (−4%) on 21 JunListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to 16 Honeysuckle Lane, Wragby!
A superb opportunity to acquire this spacious three double bedroom end-of-terrace home, offering immaculately presented and truly move-in ready accommodation, together with the rare benefit of a double garage and double driveway.
The property is thoughtfully laid out and provides generous living space throughout.
The ground floor features a bright and spacious double-aspect lounge, creating a welcoming environment with plenty of natural light, alongside a modern two-tone fitted kitchen–diner which offers an excellent space for both everyday living and entertaining.
Upstairs, the property continues to impress with three well-proportioned double bedrooms.
The principal bedroom benefits from its own en-suite, while the remaining bedrooms are served by a contemporary family bathroom, making the home ideal for families, professionals, or those seeking additional space.
Externally, the property enjoys a private, well-sized and low-maintenance garden, perfect for relaxing or entertaining with minimal upkeep.
A further standout feature is the double garage with double driveway, providing excellent parking and storage – a rare advantage for properties of this type.
Positioned in a highly desirable and convenient location, the home is within easy reach of local shops, pubs, and everyday amenities, while also offering excellent commuting access to surrounding towns and transport links.
Combining generous proportions, immaculate presentation, and an enviable location, this unique home is one not to be missed. Early viewing is highly recommended.
EPC grade E Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
LIN260139/8 Entrance Hall Spacious and welcoming entrance hall comprising laminate flooring, radiator, entrance door to the front aspect with stained glass feature, wall mounted central heating thermostat, open under stairs storage space and ascending carpet stairs to the first floor landing.
WC With a low level WC, radiator, corner wash hand basin, tile splashbacks and a double glazed sash window to the rear aspect with fitted blinds.
Lounge (5.46m x 3.28m) Spacious and naturally bright double aspect lounge comprising laminate flooring, radiator, television aerial point, electric fire and feature surround, double glazed sash window to the front aspect with fitted blinds and uPVC double glazed French doors to the rear aspect.
Kitchen-Diner (5.46m x 2.97m) Modern and immaculately presented kitchen-diner hosting a range of two tone wall and base units with contrasting work surfaces, sink and drainer unit, space and plumbing for a washing machine, integrated oven with a four ring induction hob and extractor hood, tiled flooring, radiator, space for an American style fridge-freezer and double glazed sash windows to the front and rear aspects with fitted blinds.
Landing Generously sized and naturally bright landing comprising carpet flooring, airing cupboard, radiator, double glazed sash window to the rear aspect with fitted blinds and loft access with a pull down ladder providing access to the partially boarded loft space.
Bedroom 1 (3.25m x 3.33m) Double bedroom comprising a radiator, carpet flooring, television aerial point and a double glazed sash window to the front aspect with fitted blinds.
Ensuite (2.16m x 2.01m) With a walk in shower unit, low level WC, pedestal wash hand basin, tile splashbacks, extractor fan, radiator and a double glazed sash window to the rear aspect with fitted blinds.
Bedroom 2 (3.33m x 3.04m) Double bedroom with carpet flooring, radiator, television aerial point and a double glazed sash window to the front aspect with fitted blinds.
Bedroom 3 (3.04m x 2.09m) Generously sized third bedroom comprising carpet flooring, radiator ad a double glazed sash window to the rear aspect with fitted blinds.
Bathroom (1.85m x 1.7m) Comprising a panelled bath with an overhead mains shower, low level WC, pedestal wash hand basin, partially tiled walls, extractor fan, radiator and a double glazed sash window to the front aspect.
Double Garage (5.64m x 5.47m) Double garage located to the rear of the property with two manual up and over garage doors.
There is ample off street parking to the front of the garage with a double driveway.
Gardens The front aspect of the property offers a small broken slate frontage with partial metal framed fencing providing a level of separation from the footpath.
The well sized, private and low maintenance rear garden is laid to a combination of lawn and patio with there also being a timber shed and a secure side gate providing access to the rear driveway and double garage.
Tenure Freehold East Lindsey District Council Tax Band C
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.
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FAQ
About 16, Honeysuckle Lane, Market Rasen
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