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 work2-bedroom terraced house · LN7 6GT
Listing removedListed 136 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented two bedroom property offering accommodation across two floors.
The property benefits from a south facing rear garden, allocated parking and views over an open flower meadow to the front.
Internally, the accommodation comprises an entrance hall, living room, downstairs WC, storage cupboard, and kitchen diner. To the first floor are two bedrooms and a shower room.
The rear garden offers a patio area and gated access to the allocated parking space. Viewing is recommended to appreciate the accommodation on offer.
Accommodation A well presented two-bedroom property offering accommodation across two floors.
The property benefits from a south facing rear garden, allocated parking and views over an open flower meadow to the front.
Internally, the accommodation comprises an entrance hall, living room, downstairs WC, storage cupboard, and kitchen diner. To the first floor are two bedrooms and a shower room.
The rear garden offers a patio area and gated access to the allocated parking space. Viewing is recommended to appreciate the accommodation on offer.
Location Caistor is a historic, picturesque Market Town located on the Viking Way just on the northern border of the Lincolnshire Wolds, enjoying a wonderful variety of traditional and independent retail outlets, amenities, doctors, excellent schooling (Caistor Grammar School - Ofsted Graded 'Excellent', Caistor Yarborough Academy - Ofsted Graded 'Requires Improvement' and Caistor Church of England Methodist Primary School - Ofsted Graded 'Good'), sports fields, gym and various sports/social clubs.
The town is situated just off the A46, which provides ease of access to larger road networks onto Grimsby, Lincoln, Scunthorpe, Barnetby Train Station and Humberside Airport.
Hall With a composite external door to the front elevation, radiator and stairs rising to the first floor.
Living room 12' 6" x 10' 5" (3.81m x 3.18m) With radiator and uPVC double glazed window to the front elevation.
WC 3' 3" x 6' 4" (0.99m x 1.93m) With vinyl flooring throughout, radiator, low level WC, wash hand basin and extractor fan. Storage cupboard Located under the stairs.
Kitchen/diner 11' 3" x 13' 8" (3.43m x 4.17m) With vinyl flooring throughout, radiator, fitted with a range of wall and base units with worktops over and tiled splashbacks, integrated stainless steel sink with drainer, integrated dishwasher, integrated electric oven with gas hob and extractor fan over, integrated fridge freezer, uPVC double glazed window to the rear elevation and uPVC double glazed patio door to the rear elevation.
Landing bedroom 1 10' 5" x 11' 4" (3.18m x 3.45m) With radiator, uPVC double glazed window to the rear elevation and built-in wardrobe.
Bedroom 2 9' 10" x 13' 8" (3m x 4.17m) With radiator, uPVC double glazed window to the front elevation and storage cupboard above the stairs.
Bathroom 6' 9" x 6' 8" (2.06m x 2.03m) With laminate flooring throughout, radiator, low level WC, wash hand basin, walk-in shower, illuminated mirror and extractor fan.
Outside To the front there is a well maintained gravelled garden overlooking an open flower meadow.
The the rear of the property there is a well maintained south facing garden with a paved patio area, outside water tap and gated access to the rear leading to the allocated parking space.
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.
Area
Agent & docs
FAQ
About 2, Marcus Walk, Market Rasen
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