4-bedroom bungalow · LN8 3RE
Listing removedListed 119 days
Opportunity summary
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About
Lindum is a spacious detached bungalow set back from Willingham Road in the popular market town of Market Rasen.
The property situated on a non-estate within walking distance of market raising town centre with a variety of shops amenities, and a well regarded local nearby schools.
The property occupies a generous plot and benefits from extensive parking suitable for multiple vehicles, caravans, or motorhomes, along with a double garage, workshop and garden shed.
Internally, the accommodation comprises an Entrance Hallway, four Bedrooms, including a principal Bedroom with En-Suite, a Living Room/Dining Room, Kitchen, and Utility Room.
Externally, the property offers well-maintained gardens to both the front and rear, with a range of outdoor seating and storage areas.
Viewing is recommended to appreciate the accommodation and plot on offer. Lindum is a spacious detached bungalow set back from Willingham Road in the popular market town of Market Rasen.
The property situated on a non-estate within walking distance of market raising town centre with a variety of shops amenities, and a well regarded local nearby schools.
The property occupies a generous plot and benefits from extensive parking suitable for multiple vehicles, caravans, or motorhomes, along with a double garage, workshop and garden shed.
Internally, the accommodation comprises an Entrance Hallway, four Bedrooms, including a principal Bedroom with En-Suite, a Living Room/Dining Room, Kitchen, and Utility Room.
Externally, the property offers well-maintained gardens to both the front and rear, with a range of outdoor seating and storage areas.
Viewing is recommended to appreciate the accommodation and plot 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').
Hallway With wooden flooring, radiator, storage cupboard and uPVC double glazed frosted windows to the front elevation.
Living room / dinnig room 23' 11" x 12' 11" (7.29m x 3.94m) With wooden flooring, radiators, electric fireplace, uPVC double glazed windows to the rear elevation and a uPVC double glazed bay window to the front elevation.
Kitchen 10' 0" x 13' 11" (3.05m x 4.24m) With tiled flooring, radiator, fitted with a range of wall and base units, integrated stainless steel sink with drainer, serving hatch to dining room, space for cooker, integrated fridge, uPVC double glazed window to the rear elevation and uPVC double glazed frosted window to the rear elevation.
Utility room 7' 7" x 14' 0" (2.31m x 4.27m) With tiled flooring, radiator, integrated stainless steel sink with drainer and uPVC double glazed windows to the rear and side elevations.
Bedroom 1 11' 11" x 14' 11" (3.63m x 4.55m) With wooden flooring, radiator, uPVC double glazed window to the rear elevation and a uPVC double glazed frosted window to the side elevation.
En-suite 8' 6" x 2' 9" (2.59m x 0.84m) With tiled flooring, radiator, low level WC, wash hand basin, walk-in shower and uPVC double glazed frosted window to the rear elevation.
Bedroom 2 11' 7" x 12' 2" (3.53m x 3.71m) With wooden flooring, radiator and uPVC double glazed bay window to the front elevation.
Bedroom 3 8' 3" x 8' 11" (2.51m x 2.72m) With wooden flooring, radiator and uPVC double glazed bay window to the front elevation.
Bedroom 4 / study 10' 0" x 7' 10" (3.05m x 2.39m) With wooden flooring, radiator and uPVC double glazed bay window to the front elevation.
Bathroom 7' 6" x 6' 5" (2.29m x 1.96m) With tiled flooring, radiator, low level WC, wash hand basin, walk-in shower and uPVC double glazed frosted window to the rear elevation.
Outside To the front of the property there is a large well-maintained lawn with shrubs and flowerbeds, a patio area overlooking the lawn and an extensive driveway providing parking for multiple vehicles and access to the rear via double wooden gates.
There is an additional side access which leads to the rear garden. The gated frontage provides a secure front garden.
To there rear there is a large tarmac area providing parking for multiple vehicles, caravans, or motorhomes, a double garage, workshop and a garden shed.
There are raised beds to the rear with a greenhouse, large decking area, access to the front via both sides, with one side benefiting from double wooden gates opening to the front, helping to create a secure rear garden.
Garage 19' 0" x 18' 8" (5.79m x 5.69m) With electric double up and over doors, windows to the side elevations, external door and power connected.
Workshop 12' 0" x 15' 8" (3.66m x 4.78m) With double external doors and window to the rear elevation. Garden shed 12' 0" x 7' 9" (3.66m x 2.36m) With external door and window to the rear elevation.
Value & comps
No previous sales on record.
Returns
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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 Lindum Court, Willingham Road, Market Rasen
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