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See how verdicts work3-bedroom bungalow · LN8 3QW
For saleListed 325 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Plot 1, Main Road, Legsby, LN8 3QW A brand-new high-specification three-bedroom bungalow with double garage 1,138 sq.ft.
Of modern living + large double garage • Rural village location • Open field views A Contemporary Home in a Peaceful Countryside Setting Welcome to Plot 1, an exceptional new-build bungalow located in the charming rural village of Legsby.
Designed for modern living and finished to an impressive standard, this three-bedroom home combines clean contemporary styling with the tranquillity of open countryside views.
Offering a spacious 1,138 sq.ft. Internal layout plus a double garage, this property provides both comfort and convenience in equal measure.
Enjoy the Best of Rural Lincolnshire Set in a peaceful rural location, the bungalow benefits from open field views that create a sense of space and calm.
Legsby offers the charm of traditional village living while remaining within easy reach of Market Rasen and key transport routes.
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.
LIN250720/8 Description ***contemporary home in A peaceful countryside location*** brand new Three bedroom Detached bungalow - Rural living - 1138 sq.ft + double garage - Early reservations invited - Open field views Register your interest now!
Planning details available by following the link or alternatively using reference wl/2025/00875 through the West Lindsey District Council planning portal.
About The Developer Somersby Homes have been building family homes for the past four decades, originally known as Hugh Bourn Homes, they have designed and built houses across the length and breadth of Lincolnshire, helping families and first time home owners buy their first property.
With decades of experience supporting and working with local people, Somersby Homes understand that when you're searching for a new home, you also want the perfect location.
Location Legsby is a small village and civil parish in the district of West Lindsey, in rural Lincolnshire.
It lies roughly 13 miles north-east of the city of Lincoln and about 3 miles south-east of the market town Market Rasen.
Because of this position, it benefits from peaceful rural surroundings while still being within reasonable reach of larger towns for amenities and services. Why Plot 1?
Given the quiet, rural nature and small-village charm of Legsby, plot 1 stands to gain from: Peaceful surroundings and countryside views - a strong selling point, especially with the open-plan and modern design.
A sense of heritage and local character (historic church, rural landscape) that adds intangible value to properties.
Proximity to a good local school and to Market Rasen for services - ideal for families seeking both community and convenience.
The appeal to buyers looking for a rural dwelling without being too remote or isolated.
Accommodation > Under floor heating > Air Source heat pump > Full Fibre broadband > Bosch Oven > Bosch Hob > Bosch Dishwasher > 60/40 split fridge freezer > Wren Kitchen with choice of worktops, colour and style of units and handles > lvt Amtico flooring in Kitchen, Entrance Hall & WC > Choice of carpet elsewhere > Loft ladder > usb sockets > Bathroom wall half tiled with ceramic floor and wall > Electric demister bathroom mirror > Downlights in Kitchen & Bathroom > Up & Down Lighters front and back > pir garage light > Electric Roller shutter doors with sensor > Outside tap to rear * Various upgrades are available on each house type so please contact the selling agent to discuss this in more detail.
We shall also recieve further information and imagery as the site progresses so this brochure will be updated.
Viewings Viewings are strictly by appointment by contacting the selling agent Your Move, Lincoln & North Hykeham on /682256.
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.
Area
Agent & docs
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FAQ
About Plot 1,, Main Road, Market Rasen
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