2-bedroom terraced house · LN8 3AZ
Sold STCListed 106 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious terrace house with forms part of a converted Victorian former malting house and which is conveniently situated for the towns' amenities including Tesco's superstore, petrol station, railway station, shops and post office.
The property offers spacious accommodation including two double bedrooms and a large kitchen as well as an allocated parking space. NO ONWARD CHAIN. EPC rating C.
what3words: ballparks.boomers.smoker Property additional info Front Entrance Porch: With UPVc double glazed entrance door, timber framed window and further is a UPVC double glazed inner door opening to: Lounge: 4.44 x 4.48 metres With UPVc double glazed window, radiator, coved ceiling, TV Aerial and telephone points.
Measurements into staircase.
Breakfast Kitchen: 3.6 x 4.44 metres With fitted wall and base cupboards, roll top worksurfaces, stainless steel sink and drainer, tied splashbacks, integrated electric oven and Zanussi gas hob, space for washing machine, ga fired central heating boiler, UPVc double glazed windows, radiator, cooker extractor hood, large built -in storage cupboard.
Measurements extending to 4.59m Stairs to first floor landing: With access to roof space, central heating timer control and thermostat.
Bedroom 1: With UPVc double glazed window, radiator and built-in wardrobe. Width measurement extending to 4.45m Bedroom 2: 2.34 x 4.68 metres With UPVc double glazed glazed window. Radiator.
Bathroom: 2 x 2.52 metres With white suite comprising of a panelled bath having glass shower screen, splashback tiling and shower attachment over, wash basin, WC, UPVc double glazed window, radiator, illuminated bathroom mirror, built-in airing cupboard housing hot water cylinder and shelving.
Minimum depth measurement. Outside: Maltings Court comprises of a paved communal access road and carpark. the property has an allocated parking space.
Services: The property has mains water, electric, gas and waste water drains connected. Tenure: Understood to be leasehold with 999 year lease from 1st December 1989. No ground rent has been paid.
Management fee: The management (service charge) fee will be £95 per month and is due 28th of previous month in advance.
the complex of 23 units equally share the maintenance of the buildings and grounds.
The management fee includes property insurance (not contents) the maintenance of the out fabric, painting of porch, repairs to gutters and roofs, car park and courtyard.
Council Tax Band: According to the governments on-line portal the property is currently in Council Tax Band B.
Broadband: We understand from the Ofcom website that standard broadband is available at this property with a standard download speed of 17 Mbps and an upload speed of 1 Mbps.
Superfast broadband is also available with a download speed of 80 Mbps and upload speed of 20 Mbps. Ultrafast download speed 10000 Mbps and upload speed 10000 Mbps.
Openreach and Nextfibre are the available networks. Mobile: We understand from the Ofcom website there is 69% coverage from EE, 75% from 02, 64% from Vodaphone and 58% from Three.
Manditory Buyer Anti-money Laundering checks: Should a purchaser(s) have an offer accepted on a property marketed by John Taylors, they will need to undertake an identification check and asked to provide information on the source and proof of funds.
This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service to verify your information.
The cost of these checks is £45 inc VAT per person, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances.
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 7 The Maltings Court Market Rasen LN8 3AZ
Explore nearby