2-bedroom terraced house · LN8 3SS
For saleListed 157 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Attention Investors - With Sitting Tenant - Fully Compliant - Gross Yield 7% - WELL PRESENTED TOWN CENTRE LOCATION COTTAGE.
Close to all local amenities, comprising entrance hall, lounge, kitchen diner, wc, 2 bedrooms and bathroom. With allocated parking.
NO ONWARD CHAIN EPC Rating: D Entrance Hall 2.23m x 1.0m composite front entrance door, electric heater and cloak cupboard Lounge 2.86m x 4.24m double glazed window to rear aspect and electric heater Kitchen Diner 3.01m x 2.68m a range of fitted wall and base units, space for fridge freezer, space and plumbing for washing machine, sink unit, electric oven, 4 ring hob, tiled splash backs, vinyl flooring and double glazed window to rear aspect Dining Room 2.09m x 2.76m stairs to first floor accommodation and electric heater WC 0.77m x 1.45m low level WC, pedestal hand wash basin, tiled splash backs and vinyl flooring Landing 3.13m x 1.0m electric heater, roof void access and airing cupboard housing hot water cylinder Bedroom 1 2.76m x 3.58m double glazed window to rear aspect and electric heater Bedroom 2 3.13m x 2.21m double glazed window to rear aspect and electric heater Bathroom 2.89m x 1.62m 3 piece suite comprising low level WC, pedestal hand wash basin, panelled bath with electric shower over, splash backs, heated towel rail and vinyl flooring Disclaimer 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. 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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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 Waterloo Street, Market Rasen, LN8
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