2-bedroom terraced house · LN8 3RP
Listing removedListed 137 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
LOCATION Anglian Way is situated within a popular residential area of Market Rasen, a well-served Lincolnshire market town.
The property is conveniently positioned for access to a range of local amenities including supermarkets, independent shops, cafés and takeaways located within the town centre.
Market Rasen also offers schooling for all ages, leisure facilities and a weekly market.
The town benefits from good transport links via road and rail, providing access towards Lincoln, Grimsby and surrounding areas, while nearby countryside offers a range of walking routes and open green space.
ACCOMMODATION Available now for immediate viewing, the accommodation briefly comprises of an Entrance Hall with under stairs storage leading to a Kitchen and a spacious Lounge with patio doors opening onto the rear garden.
Stairs rise to the First Floor Landing providing access to Bedroom One, Bedroom Two and the Family Bathroom fitted with an overhead shower.
OUTSIDE The property benefits from a laid to lawn front garden and an enclosed wraparound rear garden with patio area. There is a driveway and single garage located to the rear of the property.
RENT AND DEPOSIT The asking Rent for the property is £900.00 per calendar month and the Tenancy Deposit is £1,035.00 (equal to 5 weeks' rent). The Holding Deposit for this property is £205.00.
ASSURED PERIODIC TENANCY The property will be let on an assured periodic tenancy (rolling monthly). The landlord is seeking a tenant for longer-term occupation.
ADDITIONAL FEES There are no application fees payable. You will be required to pay a Holding Deposit equal to one weeks rent to secure the property.
More information on charges to Tenants can be found on our website - VIEWINGS By prior appointment through Mundys.
THE RENTERS RIGHTS ACT 2025 New legislation was implemented in May 2026 and affects existing and new tenancies. More information on the changes is available at:
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.
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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 Anglian Way, Market Rasen
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