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 work2-bedroom terraced house · LN8 5PH
For saleListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Lovely End Terraced Home in the Ever Popular Village of Wragby which is a Bustling Village with many Community Activities throughout the calendar, including the annual Wragby Show and Country Fayre.
There is a Swimming Pool, Vets, Doctors, Church, Primary School plus a Co-Op Food Store and many Local Shops, Pubs and a Cafe.
This home could suit many different types or buyers from First Time Buyers, Investment Buyers or anyone looking to Downsize approaching Retirement.
It is warmed by Under Floor Electric Heating and the warmth is retained with the help of Double Glazing.
The house is by design an Open Plan Nature, letting the ground floor rooms flow from the Modern Kitchen Area and Cloakroom through to the Living and Dining Area, then there is the additional of uPVC double glazed Conservatory which provides extra space.
There are Two Bedrooms with Fitted Wardrobes and a Bathroom on the First Floor.
Outside there are Gardens to Front and Rear plus Two Parking Spaces, one to the front and another to the rear and accessed via a gateway from the rear garden. Offered For Sale with No Onward Chain.
Open Plan Kitchen/Dining/Living Area - Approached through composite entrance door to:- Modern Kitchen Area - 2.92m x 4.24m (9'7 x 13'11) - Range of cream colour wall and base units.
Wood effect work-surfaces with inset single drainer, stainless steel sink top. Built-in electric oven, hob and extractor.
Door to Ground Floor Cloakroom and Open Plan to Living/Dining Area:- Ground Floor Claokroom - White suite of Low level W.C. and wash basin.
Living/Dining Area - 5.87m x 3.00m extending to 3.28m into recess (19'3 - Understairs cupboard. Under floor heating. Two 'Keylite' Rooflight windows. Window to rear. Door to Rear Hall.
Rear Hall - Stairs to First Floor. Double glazed door to:- Conservatory - 2.41m x 3.61m (7'11 x 11'10) - Double glazed windows and door to rear garden. First Floor Landing - Access to loft.
Airing cupboard housing hot water tank. Bedroom One - 2.57m x 3.61m plus depth of wardrobe (8'5 x 11'10 - Double floor to ceiling fitted wardrobe. Under floor heating. Window to front.
Bedroom Two - 2.08m x 2.79m plus depth of wardrobe (6'10 x 9'2 p - Triple wardrobe. Under floor heating. Window to rear.
Bathroom - White suite of panelled bath having shower over and folding glazed screen. Low level W.C. Pedestal wash basin. Tiling to full height in white with black/silver mosaic effect border tile.
Chrome heated towel rail. Front Garden & Parking - Lawn and One Parking Space Rear Garden & Parking - Side access. Lawn. Patio. Gated access to Second Parking Space.
Additional Information - Tenure: Freehold Services: T.B.C. Broadband: T.B.C. Council Tax Band: B- East Lindsey EPC Rating: T.B.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
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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 Louth Road, Wragby, Market Rasen
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