3-bedroom house · LN8 3GX
Listing removedListed 74 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Semi detached house on popular residential location. Spacious accommodation comprising entrance hall, lounge, kitchen diner, utility room, wc, 3 bedrooms and bathroom.
With generous gardens and extensive driveways. No onward chain EPC rating: C.
Situation Market Rasen town is popular with walkers and there are great routes and trails just five minutes stroll from the town centre.
You can also head out to Willingham Woods where there are numerous trails and paths for all ages and abilities.
In the town centre you will find traditional and long-standing family run shops including ironmongers, butchers, menswear confectionery, bakery & fruit & veg.
The town boasts high-quality and award winning places to eat for all budgets. Market Rasen is approximately 16 miles from Lincoln City and 15 miles from the market town of Louth.
There are regular bus and train services.
Entrance Hall (1.44m x 1.31m (4'9" x 4'4")) Double glazed entrance door, adjoining side screen, radiator, laminate flooring and stairs to first floor accommodation Lounge (3.7m x 4.23m (12'2" x 13'11")) Double glazed bay window to front aspect and radiator Kitchen Diner (4.7m x 2.86m (15'5" x 9'5")) A range of fitted wall and base units, electric oven, 4 ring hob, sink unit, space and plumbing for dishwasher, radiator, laminate flooring, under stairs storage cupboard, double glazed window to side aspect and uPVC French doors to rear aspect Utility Room (1.57m x 1.87m (5'2" x 6'2")) Space and plumbing for washing machine, wall mounted gas boiler, tiled splash backs, laminate flooring, double glazed window to rear aspect and double glazed side entrance door WC (0.82m x 1.89m (2'8" x 6'2")) Low level WC, vanity hand wash basin, tiled splash backs, laminate flooring, radiator and double glazed window to rear aspect Landing (1.81m x 2.87m (5'11" x 9'5")) Roof void access with loft ladder and airing cupboard housing radiator Bedroom 1 (2.8m x 3.64m (9'2" x 11'11")) Double glazed window to rear aspect and radiator Bedroom 2 (2.54m x 3.43m (8'4" x 11'3")) Double glazed window to front aspect and radiator Bedroom 3 (2.07m x 2.4m (6'9" x 7'10")) Double glazed window to rear aspect, fitted single bed and radiator Bathroom (1.83m x 1.72m (6'0" x 5'8")) 3 piece suite comprising low level WC, panelled bath with shower over, vanity hand wash basin, splash backs, vinyl flooring, heated towel rail and double glazed window to rear aspect Gardens Occupying a generous plot with gardens front and rear.
Being mostly laid to lawn, with paved patio area, timber decking and 2 sheds Driveway Extensive driveway providing ample off-road parking for a number of vehicles Agents Notes These particulars are for guidance only.
Lovelle Estate Agency, their clients and any joint agents give notice that:- They have no authority to give or make representation/warranties regarding the property, or comment on the services, tenure and right of way of any property.
These particulars do not form part of any contract and must not be relied upon as statements or representation of fact. All measurements/areas are approximate.
The particulars including photographs and plans are for guidance only and are not necessarily comprehensive. Next Steps Successful buyers will be required to complete anti-money laundering checks.
Our partner, Hipla, will carry out the initial checks on our behalf. The current non-refundable cost is £24 inc. VAT per person.
You’ll need to pay this and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring that might be required.
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
Agent & docs
FAQ
About 25, Lancaster Drive, Market Rasen
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