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See how verdicts work3-bedroom detached house · LN7 6UA
For saleReduced £20k (−4.1%) on 22 SepListed 131 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Quintessential south facing Georgian cottage in highly prized residential location.
Refurbished from the roof down to an evident high standard for the owners own enjoyment, The Old House beautifully marries the traditional and the modern to create a home of intimate elegance and warm relaxation set in stunning, landscaped gardens and is offered with the benefit of no upward chain.
There is so much to love: From the flagged floor and beamed ceiling of the reception hall to the recently installed modern shower room and the sleek lines of the contemporary styled, triple aspect breakfast room there is obvious attention to detail which just feels so right.
The home is wonderfully suited to all seasons - the cosy intimacy of the snug with its log burning stove is balanced by the coolness of the principal lounge and the relaxed breakfast kitchen is complemented by a traditional dining room ideal for more formal or family celebrations.
The practicalities of modern live are well catered for by a large utility room together with the 17’7 Garage/workshop.
Family and guests alike beautifully accommodated in the 3 first floor, double bedrooms which are served by both a modern shower room and large family bathroom with its superb carved pine wash stand.
The home comes alive in the stunning gardens, which have been transformed with the same loving care given to the house itself, and offers year round interest and colour together with a variety of seating areas including the side breakfast terrace and the raised stylish summer house which offers views across the entire grounds.
Truly a gardeners’ delight. This is, without doubt, a true turnkey home - a home that defines style.
Location Situated within the conservation area of the historic market town of Caistor the property is well placed to take advantage of the town amenities which include a much sought after Grammar School together with a supermarket, cafes, public houses, primary school and doctors.
Caistor is the gateway to the Lincolnshire Wolds - an area designated as outstanding natural beauty -and the cathedral city of Lincoln is some 30 minutes drive away together with the M180 motorway network some 20 minutes distance.
Reception Hall (4.61m x 1.75m) Breakfast Kitchen (6.14m x 4.74m) (maximum measurements) Snug (3.98m x 3.91m) Dining Room (4.04m x 3.87m) Lounge (4.57m x 4.61m) Utility (3.64m x 3.23m) Bedroom 1 (5.45m x 4.49m) Bedroom 2 (4.63m x 4.60m) (maximum measurements) Bedroom 3 (3.84m x 2.97m) Shower Room (3.19m x 2.56m) Bathroom (3.67m x 3.21m) Garden The visitor is welcomed via the 3 tiered breakfast terrace which wraps around the home to provide a day round haven of peace and steps lead up to to the stunning gardens which have been redesigned to include a side lawn with central laburnum tree and gravel topped paths curve beside well stocked herbaceous and shrub filed borders which provide year round interest.
The gardens are best enjoyed from the recently added summer house which provides magnificent sunset views. A southern lawn with further cottage style borders completes the grounds.
Disclaimer Anti money laundering. Intending purchasers will be asked to produce identification documentation at the offer stage sale.
This will be requested digitally via our partner company hipla who will request a fee of £20 + VAT per purchaser. Referrals.
Newton Fallowell and our partners provide a range of services to buyers, although you are free to use an alternative provider. We can refer you on to Mortgage Advice Bureau for help with finance.
We may receive a fee of £200, if you take out a mortgage through them. If you require a solicitor to handle your purchase we can refer you on to our in house solicitors.
We may receive a fee of upto £200 if you use their services.
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.
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FAQ
About 11 Mill Lane, Market Rasen
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