3-bedroom semi-detached house · LN8 3AE
Sold STCListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DESCRIPTION A well proportioned Three Bedroom Semi-Detached Property situated in the centre of the popular market town of Market Rasen.
The property represents an excellent opportunity for first time buyers or property investors and offers spacious and flexible accommodation arranged over two floors.
The ground floor comprises an Entrance Hall, Living Room, Kitchen, separate Dining Room, Conservatory and Utility Room, while the First Floor provides Three Bedrooms and a Family Bathroom.
The property also benefits from a driveway, garage and well maintained front and rear gardens with mature shrubs and trees.
Viewing is highly recommended to appreciate the accommodation and outside space on offer.
LOCATION Market Rasen is a thriving Market Town situated on the edge of the Lincolnshire Wolds with the added benefit of a train station and bus services providing regular links to larger Towns and City networks.
The Town is renowned for its Golf Course and Racecourse and also has a wonderful range of local independent retail outlets, regular markets in the cobbled market square, various restaurants, boutique hotel and guest houses, public houses, library, health care providers and good local schooling; Primary Schooling - Market Rasen C of E Primary (Ofsted Graded 'Good'), Secondary Schooling - De Aston School (Ofsted Graded 'Good').
HALL With radiator, composite external door to the front elevation, stairs rising to the first floor and useful understairs storage.
LIVING ROOM 11' 2" x 13' (3.4m x 3.96m) With gas fireplace, uPVC double glazed window to the front elevation and internal glazed window providing borrowed light.
KITCHEN 9' 11" x 9' 6" (3.02m x 2.9m) With vinyl flooring, window to the rear elevation and door providing access to the rear, fitted with a range of wall and base units with worktops over, integrated electric oven, integrated gas hob with extractor fan over and integrated sink with drainer and radiator.
DINING ROOM 9' 11" x 9' 6" (3.02m x 2.9m) With laminate flooring, radiator, uPVC double glazed window to the rear elevation and internal glazed window.
CONSERVATORY 8' 4" x 12' (2.54m x 3.66m) With vinyl flooring, uPVC double glazed windows to the rear and side elevations, French patio doors to the side elevation and additional uPVC double glazed door to the side.
UTILITY ROOM 7' 6" x 8' 3" (2.29m x 2.51m) With vinyl flooring, uPVC double glazed frosted window to the side elevation, stainless steel sink, space and plumbing for washing machine and boiler location.
FIRST FLOOR LANDING With radiator, doors off to the bedrooms and bathroom and access to the roof void.
BEDROOM 1 10' 3" x 10' 4" (3.12m x 3.15m) With radiator, uPVC double glazed windows to the front elevation, built-in wardrobes and storage cupboard.
BEDROOM 2 8' 9" x 12' 6" (2.67m x 3.81m) With radiator, uPVC double glazed window to the rear elevation and wash hand basin.
BEDROOM 3 7' 4" x 7' 9" (2.24m x 2.36m) With radiator, uPVC double glazed window to the front elevation and storage cupboard over the stairs.
BATHROOM 5' 7" x 8' 6" (1.7m x 2.59m) With low level WC, wash hand basin, radiator, integrated bath with dual taps, integrated shower cubicle with electric shower and two uPVC double glazed frosted windows to the rear elevation.
GARAGE 17' x 8' 3" (5.18m x 2.51m) With up-and-over door, power and lighting supply and internal window to utility room.
OUTSIDE FRONT The property is approached via a spacious, well maintained lawn with mature shrubs and a driveway providing off-road parking and access to the garage.
Side access leads through to the rear garden. OUTSIDE REAR The rear garden is laid mainly to a well maintained lawn with mature shrubs and trees, established flowerbeds and surrounding fencing.
There is also a paved patio area and side access to the front of the property.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Gordon Field, Market Rasen
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