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 work4-bedroom house · LN8 3QZ
Sold STCListed 73 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Modern Three Storey Town House in the Town Centre offered For Sale with No Chain!
Perfectly situated for Market Rasen Railway Station for anyone needing to travel further afield, or just a Stroll Away from all the Local Shops, Co-Op Food Store, Tesco Supermarket, Library, Vets, Doctors, Bars and Restaurants, everything is within easy reach and at your finger tips.
Subject of Much Redecoration, this home has uPVC double glazed sash style windows, gas radiator heating and comprises: Reception Hall, Cloakroom, Open Plan Living/Dining/Kitchen, First Floor Three Bedrooms and Bathroom, Second Floor with Main Bedroom and En-Suite.
Outside there is Parking and a Low Maintenance Rear Garden. Reception Hall - Approached through half uPVC panelled entrance door with two double glazed inserts. Wood effect floor. Radiator.
Stairs to First Floor. Cloakroom - White suite of Corner Pedestal Wash Basin. Low level W.C. Wood effect floor. Radiator. Gas boiler.
Open Plan Living/Dining/Kitchen - Kitchen Area - 4.27m plus bay x 2.46m (14'0 plus bay x 8'1) - Range of wood effect wall and base units with brushed steel handles.
Black roll-top worksurfaces having inset single drainer, one and a half bowl stainless steel sink top. Built-in electric oven and hob. Double opening wall mounted glazed display cabinet.
Black and white 'metro' style tiled splashbacks. Radiator. Bay window to the front. Open to:- Living & Dining Area - 4.04m x 4.52m (13'3 x 14'10) - Wood effect floor. Two radiators.
Understairs cupboard. uPVC double glazed, double doors to garden with double glazed side screens. First Floor Landing - White panel effect doors off. Radiator. Stairs to Second Floor.
Bedroom Two - 3.15m x 4.52m (10'4 x 14'10) - Radiator. Window to rear. Bedroom Three - 3.10m x 2.41m (10'2 x 7'11) - Radiator. Window to front. Bedroom Four - 1.93m x 1.98m (6'4 x 6'6) - Radiator.
Window to rear. Bathroom - White suite of panelled bath having mixer tap/shower attachment and screen. Pedestal wash basin. Low level W.C. Tiled splashbacks. Chrome heated towel rail.
Second Floor Landing - White panel effect door to:- Bedroom One - 4.75m x 2.49m minimum extedning to 3.51m (15'7 x 8 - Storage in eaves. Two additional storage cupboards. Two Velux windows. Radiator.
Door to:- En-Suite Shower Room - White suite of Step-in shower cubicle. Pedestal wash basin. Low level W.C. Chrome heated towel rail. Tiled splashbacks.
Front Garden - Mainly block paved for Off Road Parking Space. Rear Garden - Patio area. Rear gated access. Additional Information - Tenure: Freehold Services: All mains services are connected.
Broadband: Unknown Council Tax Band: B - West Lindsey EPC Rating: C
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
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FAQ
About Chapel Street, Market Rasen
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