2-bedroom bungalow · LN8 3AX
Sold STCListed 221 days
Opportunity summary
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About
DESCRIPTION A well-presented two bedroom semi-detached bungalow located in a quiet cul-de-sac position within the market town of Market Rasen.
The property is conveniently situated within walking distance of the town centre and is also close to a local supermarket and the train station.
The property benefits from secure gated parking and beautifully maintained gardens to the rear.
Internally the bungalow is well-presented throughout and offers accommodation comprising of an entrance hallway, kitchen, lounge with doors opening onto the rear garden, bedroom one overlooking the rear garden, a second bedroom positioned to the front of the property and a bathroom.
Externally there is a gated driveway providing secure off road parking to the front and gardens to both the front and rear. bathroom.
Externally there is a gated driveway providing secure off road parking to the front and gardens to both the front and rear.
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').
ENTRANCE HALL With composite external door, radiator, storage cupboard and access to the roof void. KITCHEN 10' 8" x 7' 7" (3.25m x 2.31m) With composite external door and UPVC double glazed window.
Fitted with a range of wall, drawer and base units with work surfaces over, integrated Neff oven, Neff four ring gas hob with extractor over, stainless steel sink and drainer, plumbing and space for washing machine, space for fridge freezer, wall unit housing the gas fired central heating boiler and radiator.
LOUNGE 16' 5" x 11' 6" (5m x 3.51m) With UPVC double glazed French doors and two windows to the rear aspect, radiator and coving.
BEDROOM 1 11' 3" x 9' 4" (3.43m x 2.84m) With UPVC double glazed window overlooking the rear garden, radiator and space for a freestanding wardrobe.
BEDROOM 2 10' 11" x 9' 3" (3.33m x 2.82m) With UPVC double glazed window to the front aspect and radiator.
BATHROOM 6' 8" x 5' 8" (2.03m x 1.73m) With UPVC double glazed window, low level WC, wash hand basin with tiled splashback, bath with tiled surround and shower over, radiator, spotlighting and extractor fan.
OUTSIDE To the front of the property there is a gated driveway providing secure off road parking together with a decorative slate garden with a range of shrubs.
To the rear there is a patio seating area leading to a decorative gravel garden and lawn with surrounding flower beds and a garden shed.
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
Agent & docs
FAQ
About Haydock Way, Market Rasen
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