2-bedroom flat · LN8 3SP
Let agreedListed 35 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SUPER APARTMENT! Apartment living with a little bit extra!
This wonderful first-floor apartment is tucked away in a quiet close within easy reach of Market Rasen town centre, making it an appealing choice for first-time buyers, couples, or anyone looking for a low-maintenance home without giving up valuable outdoor space.
The location is particularly convenient, with the town centre offering a great range of amenities including the Leisure Centre, independent shops, cafés, Co-op Food Store, Tesco and a good selection of pubs, bars and eateries.
Market Rasen railway station is also close by, providing convenient connections for those travelling further afield.
This much-loved home has been carefully maintained and looked after, and offers surprisingly spacious accommodation.
A private ground-floor entrance leads to the property, with the first-floor accommodation comprising a landing with useful study area, inner hall, dual-aspect living room, kitchen/breakfast room, two double bedrooms and a bathroom.
Outside is where this apartment really stands out, with a pretty enclosed rear garden providing a lovely private space to sit out and enjoy, together with two allocated parking spaces.
A well-presented apartment, a peaceful setting, a garden AND two parking spaces — what's not to like?
Ground Floor Entrance Hall - Approached via half panelled entrance door with two obscure double glazed inserts. Wall mounted electric convector heater. Walk-in coat/storage cupboard.
Dog-leg stairs to First Floor. First Floor Landing/Study Area - 3.48m x 1.37m plus 1.07m x 1.88m (11'5 x 4'6 plus - White wood banister and spindles. Dual aspect with windows to front and rear.
Radiator. White panelled door to:- Inner Hall - Access to loft space. White panelled doors off. Radiator.
Kitchen/Breakfast Room - 3.61m x 2.84m (11'10 x 9'4) - Comprehensive range of wood effect wall and base units with brushed steel handles.
Black 'crackle' effect roll top work-surface with inset one and half bowl, single drainer stainless steel sink top.
Built-in stainless steel electric oven, stainless steel gas hob and stainless steel cooker hood. Space for two domestic appliances. Tiled splashbacks. Window to front. Radiator.
Dual Aspect Living Room - 3.61m x 3.61m (11'10 x 11'10) - Windows to front and side. Double radiator. Bedroom One - 3.63m x 3.40m (11'11 x 11'2) - Window to side. Radiator.
Bedroom Two - 3.07m x 2.57m plus recess (10'1 x 8'5 plus recess) - Window to side. Radiator. Bathroom - White suite of panelled bath having shower and glazed screen over. Low Level W.C.
'Trough' style sink. Tiling to water sensitive areas. Double radiator. Pretty & Enclosed Rear Garden - Gated access. Patio style with flower and herbaceous borders.
Additional Information - Tenure: Leasehold - 199 years from 31st October 2013 Service Charge: £248.65 for 6 months Council Tax Band: A - West Lindsey Energy Rating: C Services: All mains services are connected
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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
FAQ
About Lime Walk, Market Rasen
Explore nearby
