4-bedroom detached house · LN8 3HZ
Sold STCReduced £10k (−2%) on 3 SepListed 337 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Newly constructed detached house in Market Rasen, close to local amenities, offering over 2000 sq ft of spacious accommodation and solar panels.
Features four bedrooms, two bathrooms, two reception rooms, gas central heating, underfloor heating to ground floor, private landscaped gardens and garage.
Viewing advised to fully appreciate Situation Market Rasen town is popular with walkers and there are great routes and trails just five minutes stroll from the town centre.
You can also head out to Willingham Woods where there are numerous trails and paths for all ages and abilities.
In the town centre you will find traditional and long-standing family run shops including ironmongers, butchers, menswear confectionery, bakery & fruit & veg.
The town boasts high-quality and award winning places to eat for all budgets. Market Rasen is approximately 16 miles from Lincoln City and 15 miles from the market town of Louth.
There are regular bus and train services.
Entrance Hall (4.19m x 1.55m (13'9" x 5'1")) WC (2.39m x 1.01m (7'10" x 3'4")) Kitchen, Living Dining Room (8.48m x 6.24m (27'10" x 20'6")) A choice of premium kitchens available Utility (3.11m x 1.36m (10'2" x 4'6")) Lounge (4.1m x 5.89m (13'5" x 19'4")) Study / Snug (4.22m x 2.92m (13'10" x 9'7")) Landing (1.04m x 4.96m (3'5" x 16'3")) Bedroom 1 (6.3m x 2.99m (20'8" x 9'10")) Ensuite (3.91m x 2.97m (12'10" x 9'9")) A choice of premium bathrooms available Bedroom 2 (3.01m x 3.79m (9'11" x 12'5")) Ensuite 2 (3.03m x 1m (9'11" x 3'3")) Bedroom 3 (3m x 4.06m (9'10" x 13'4")) Bedroom 4 (3.17m x 4.05m (10'5" x 13'3")) Bathroom (2.65m x 2.83m (8'8" x 9'3")) A choice of premium bathrooms available Gardens Landscaped gardens, being mostly laid to lawn with paved patio area Garage (5.57m x 3.06m (18'3" x 10'0")) Brick built garage with up and over door, power, lighting, double glazed window to side aspect and side entrance door Driveway Extensive gravelled driveway providing ample off road parking for a number of vehicles Agents Notes These particulars are for guidance only.
Lovelle Estate Agency, their clients and any joint agents give notice that:- They have no authority to give or make representation/warranties regarding the property, or comment on the services, tenure and right of way of any property.
These particulars do not form part of any contract and must not be relied upon as statements or representation of fact. All measurements/areas are approximate.
The particulars including photographs and plans are for guidance only and are not necessarily comprehensive. Next Steps Successful buyers will be required to complete anti-money laundering checks.
Our partner, Hipla, will carry out the initial checks on our behalf. The current non-refundable cost is £24 inc. VAT per person.
You’ll need to pay this and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring that might be required.
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 Plot 2 The Willows, Gallamore Lane, Market Rasen
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