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See how verdicts work3-bedroom house · LN8 3JD
Listing removedListed 205 days
Opportunity summary
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About
● Detached Three Bedroom Bungalow ● Ideal for Equestrian / Smallholding Use ● Barn with Two Internal Stables ● Further L Shaped Barn ● Paddock Grazing ● Sweeping “In and Out” Driveway ● Formal Gardens ● Located on the Outskirts of the Village ● Just Over 4.5 Acres Rurally situated, detached three bedroom bungalow set in just over 4.5 acres, with agricultural barn with two internal stables, further L-shaped barn and grazing paddock land, formal gardens, in and out driveway and ample vehicle parking.
Located on a country lane on the outskirts of the village of Middle Rasen close to the market town of Market Rasen which offers a good range of shops and facilities and easy access to the A46 which provides good links to the surrounding towns and cities.
The property is offered for sale due to a relocation and downsize. The residence The bungalow has double glazing and oil fired central heating.
The accommodation in brief is as follows, please refer to the floor plan for approximate room sizes.
The property is entered at the front via an entrance door which leads into the Entrance Hallway with laminate flooring, lockable cupboard, access to loft space above, fitted linen cupboard with overhead storage, doors leading to: Lounge / Dining Room a spacious room with bay window to front, multi-fuel burner set in a brick fireplace with quarry tiled hearth and timber mantal.
Bedroom Two with window to front, built-in wardrobes and overhead cupboards and laminate flooring. Bedroom One with window to rear, built-in wardrobes with overhead cupboards.
Bedroom Three (currently utilised as a study) with window to rear and built-in single wardrobe with cupboard overhead.
Bathroom with window to rear, bath with shower over, wash hand basin in vanity unit, WC and heated towel rail.
Kitchen with doors to hallway and lounge / dining room, window to rear, fitted wall and base units with rolled edge worksurfaces, singe drainer stainless steel 1½ bowl sink with tiled splashbacks, laminate flooring, space for electric cooker with extractor, space for tall fridge freezer, access to: Side Hallway with laminate flooring door to: Utility Room with window to side, plumbing for washing machine, oil fired boiler.
Boot Room with window to side, range of base units with rolled edge worksurfaces, space for tumble dryer, wash hand basin with tiled splashbacks, door to: Rear Porch with window to side, door to rear garden, tiled flooring, door to: Cloakroom with window, WC and laminate flooring.
Sun Room (ideal snug or occasional bedroom) with windows to front and sliding doors to side.
Outside, outbuildings & land The property is set back from the country lane and accessed via a sweeping return driveway providing ample parking and suitable for larger vehicles including trailer / lorry.
Double gates give access to the crew yard which in turn leads on to the barns.
The formal gardens are gated and enclosed with sheep fencing and lead to a paved patio area, dog kennel and timber garden shed. The oil storage tank is located within the garden area.
Paddock grazing area is enclosed with hedging and sheep fencing to boundaries, set to grass with trees and wildlife pond. The grazing land could easily be sub-divided if required. Agricultural Barn c.
61’4 x 28’6 (about 18.7 m x 8.7m) with roller shutter door to front and side pedestrian door, power and lighting.
Two Internal Stables To the rear of the barn there is a further l-Shaped Barn with Three 15ft Bays , open fronted and ideal for hay / straw storage, etc. In all approx. 4.5 acres (About 1.8 Hectares)
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.
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About WILLOW LODGE, Skinners Lane, Middle Rasen
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