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 work3-bedroom bungalow · LN8 3UD
Listing removedListed 417 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A recently refurbished three bedroom detached bungalow, situated within the popular village of Middle Rasen and with easy access to the Market Town of Market Rasen and the Cathedral City of Lincoln.
Internally the property has been modernised by the current owner and has changed the layout to offer a large open plan living space with double doors to the rear garden.
The accommodation comprises of Entrance Porch, Inner Hallway, three Bedrooms, newly fitted Shower Room and a large open plan Living Kitchen Dining space.
The Kitchen is newly fitted with a range of fitted appliances including a microwave, air fryer oven, induction hob and sink with instant hot water tap.
It also features a large Pantry/Cupboard space and has doors leading to the rear garden and into the Conservatory.
Outside there is a driveway providing off-street parking which also gives access to a single garage. There is a private garden to the rear.
The property further benefits from No Onward Chain and viewing is recommended.
LOCATION Middle Rasen is a thriving village situated approx 1 mile west of the larger town of Market Rasen and benefits from a Post Office and Village Shop, Primary School (Ofsted Graded 'Good') St Peter's Church and Methodist Chapel, Village Hall and Bowling Green and a variety of community groups and events.
PORCH 5' 0" x 4' 1" (1.52m x 1.24m) , with external door and door to Hallway. HALL Leading to three Bedrooms, Shower Room and open plan Living Kitchen Diner.
OPEN PLAN LIVING KITCHEN AND DINING 27' 2" x 10' 10" (8.28m x 3.3m) , with tiled flooring, vertical radiator, fitted with a range of wall units with integrated microwave and oven incorporating an air fryer, larder unit/pantry, centre island with ash work surface, composite sink with instant hot water tap and induction hob, double doors to the rear garden and door to the Conservatory.
CONSERVATORY 18' 5" x 9' 3" (5.61m x 2.82m) , with tiled flooring, lighting and power points.
BEDROOM 1 12' 0" x 10' 10" (3.66m x 3.3m) , with UPVC double glazed window, built-in wardrobe and radiator.
BEDROOM 2 11' 3" x 10' 0" (3.43m x 3.05m) , with two UPVC double glazed windows and radiator. BEDROOM 3 11' 3" x 6' 7" (3.43m x 2.01m) , with UPVC double glazed window and radiator.
SHOWER ROOM 8' 4" x 5' 10" (2.54m x 1.78m) , with UPVC double glazed window, tiled flooring, tiled walls, low level WC, wash hand basin, walk-in shower with rainfall shower head, storage cupboards/drawers, heated towel rail and extractor fan.
OUTSIDE To the front of the property there is a driveway providing off-street parking and giving access to the single garage.
There is access to the side of the property leading to the rear garden with a patio seating area, lawned garden and a range of mature shrubs.
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
FAQ
About Dovecote, Middle Rasen
Explore nearby