4-bedroom bungalow · LN8 3EY
Sold STCListed 152 days
Opportunity summary
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About
A deceptively spacious four-bedroom detached bungalow offering over 200 square meters of accommodation, set back from the road on a generous plot of approximately 0.36 acres (STS).
The property enjoys a desirable, non-estate position and is within walking distance of Market Rasen town centre with a variety of shops, amenities and well-regarded local schools nearby.
Inside, the bungalow provides flexible living accommodation. The lounge has double doors through to the dining room and there is a separate sitting room with rear garden access and a log burner.
The well-appointed kitchen/diner boasts a high-spec modern fitted kitchen with a range of integrated appliances, a rear entrance, WC and utility room.
There are four double bedrooms, two of which benefit from en-suite shower rooms and a recently upgraded luxury family bathroom.
Outside, the property offers extensive off-road parking and a large driveway leading to a double garage. The large rear garden is mainly laid to lawn with a large patio area.
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 four timber double glazed windows and external door, storage cupboard, Karndean flooring, access to the roof void and two radiators.
LOUNGE 18' 4" x 14' 11" (5.59m x 4.55m) With timber bay window, open fire and radiator. DINING ROOM 14' 5" x 11' 11" (4.39m x 3.63m) With timber double glazed window and radiator.
SITTING ROOM 16' 11" x 10' 11" (5.16m x 3.33m) With external sliding doors, Karndean flooring, fireplace with log burner inset and radiator.
KITCHEN/DINER 21' 0" x 16' 5" (6.4m x 5m) With two timber double glazed windows, tiled flooring, partly tiled walls, fitted with a range of wall, base units and drawers with Quartz work surfaces over, induction hob with extractor fan over, integral oven, integral microwave/steam oven, warming drawer, integrated full height fridge freezer, integrated dishwasher, two radiators and electric wall fire.
REAR ENTRANCE With external door, tiled flooring and radiator. WC With tiled flooring, partly tiled walls, low level WC, wash hand basin and radiator.
UTILITY ROOM 7' 9" x 6' 0" (2.36m x 1.83m) With timber double glazed window, tiled flooring, work surface, stainless steel sink unit and drainer, plumbing and spaces for washing machine and tumble dryer, gas fire central heating boiler and access to the roof void.
BEDROOM 1 17' 10" x 13' 7" (5.44m x 4.14m) With timber double glazed bay window and radiator.
EN-SUITE 8' 2" x 3' 10" (2.49m x 1.17m) With timber double glazed bay window, tiled flooring, fully tiled walls, low level WC, wash hand basin, shower cubicle, heated towel rail and extractor fan.
BEDROOM 2 15' 4" x 11' 11" (4.67m x 3.63m) With two timber double glazed bay windows, sliding external doors and a radiator.
EN-SUITE 7' 3" x 2' 10" (2.21m x 0.86m) With tiled flooring, fully tiled walls, low level WC, wash hand basin, shower cubicle, heated towel rail and extractor fan.
BEDROOM 3 12' 9" x 10' 11" (3.89m x 3.33m) With timber double glazed bay window and radiator. BEDROOM 4 10' 11" x 10' 11" (3.33m x 3.33m) With timber double glazed bay window and radiator.
BATHROOM 10' 11" x 8' 10" (3.33m x 2.69m) With timber double glazed bay window, tiled flooring, fully tiled walls, low level WC, wash hand basin, freestanding bath, walk-in shower cubicle, designer radiator with towel rail and extractor fan.
OUTSIDE To the front of the property there is large driveway providing ample off road parking which gives access to the attached double garage. To the side of the property there is access to the rear.
The rear garden is mainly lawned with a variety of shrubs and trees and a large patio seating area. DOUBLE GARAGE 17' 5" x 15' 9" (5.31m x 4.8m)
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 Walesby Road, Market Rasen
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