We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom house · LN8 3RD
Listing removedListed 184 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Fully refurbished & immaculately presented detached house, Situated on a unique private plot overlooking the green.
This spacious property offers immaculately presented accommodation comprising entrance hall, wc, study, lounge, kitchen diner, utility, 4 double bedrooms, ensuite and bathroom.
With landscaped South facing gardens, double garage and allocated parking. With no onward chain EPC rating: C.
Situation Market Rasen is a charming market town that offers an ideal setting for family life.
Known for its friendly community and relaxed pace, the town combines everyday convenience with easy access to the countryside.
Families are particularly well served, with a selection of local primary and secondary schools nearby, along with a range of clubs and activities for children of all ages.
Outdoor space is in abundance, with scenic walking routes just a short distance from the town centre and the ever-popular Willingham Woods.
The town centre has a welcoming, traditional feel, offering a variety of independent and family-run shops, including a bakery, butchers, greengrocers and more, alongside cafés and restaurants to suit all tastes and budgets.
For those needing to travel further afield, Market Rasen is well positioned, approximately 16 miles from Lincoln and around 15 miles from Louth, with regular bus and rail services providing straightforward connections.
Entrance Hall (0.92m x 4.7m (3'0" x 15'5")) Double glazed entrance door, radiator, stairs to first floor accommodation and storage under WC (0.88m x 1.63m (2'11" x 5'4")) Low level WC, pedestal hand wash basin, radiator, tiled splash backs and vinyl flooring Study (2.42m x 2.91m (7'11" x 9'7")) Double glazed window to front aspect and radiator Lounge (3.21m x 4.71m (10'6" x 15'5")) Double glazed window to front aspect and radiator Kitchen Diner (7.81m x 2.8m (25'7" x 9'2")) A range of fitted wall and base units, breakfast bar, space for fridge freezer, electric oven, 4 ring gas hob, stainless steel sink unit, space and plumbing for dishwasher, vinyl flooring, 2 radiators, 2 double glazed windows to rear aspect and uPVC rear entrance door Utility Room (2.4m x 1.63m (7'10" x 5'4")) Fitted wall and base units, space and plumbing for washing machine, space for tumble dryer, space for under counter freezer, wall mounted gas boiler, radiator, vinyl flooring and double glazed entrance door Landing (2.24m x 1.83m (7'4" x 6'0")) Radiator, roof void access and airing cupboard housing hot water cylinder Bedroom 1 (3.27m x 4.23m (10'9" x 13'11")) Double glazed window to front aspect and radiator Ensuite (1.8m x 1.51m (5'11" x 4'11")) 3 piece suite comprising low level WC, vanity hand wash basin, shower cubicle, tiled splash backs, vinyl flooring, radiator and double glazed window to front aspect Bedroom 2 (2.54m x 4.22m (8'4" x 13'10")) Double glazed window to front aspect and radiator Bedroom 3 (2.84m x 3.32m (9'4" x 10'11")) Double glazed window to rear aspect and radiator Bedroom 4 (2.5m x 3.31m (8'2" x 10'10")) Double glazed window to rear aspect and radiator Bathroom (2.25m x 1.68m (7'5" x 5'6")) 3 piece suite comprising low level WC, pedestal hand wash basin, panelled bath with shower over, tiled splash backs, vinyl flooring, radiator and double glazed window to rear aspect Gardens Landscaped gardens being mostly laid to patio, with lawn and borders Double Garage & Parking (5.45m x 5.15m (17'11" x 16'11")) 2 up and over doors, power, lighting and timber rear entrance door with parking to the side of the garage Management Fees Estate grounds maintenance managed by Meadfleet, invoiced twice yearly in August and February at a cost of approx £150 per annum 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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
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FAQ
About 29, Mallard Way, Market Rasen
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