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Union Street, Market Rasen, LN8

East Midlands

£108,000

Listed on 09/07/2026

Property details

Bedrooms
4
Type
Terraced

Description

This spacious terraced house situated in the heart of Market Rasen presents an exciting opportunity for those looking to invest in a renovation project. Currently requiring modernisation, the property boasts an entrance porch, a generous lounge diner, a kitchen diner equipped with essential fittings, and a ground floor bathroom. With four bedrooms, including a dressing room, there is ample space to create a comfortable family home or rental property. The rear courtyard garden adds potential for outdoor living enhancements. Located near local amenities and scenic walking trails, this property offers both convenience and potential for value appreciation through refurbishment. The absence of onward chain facilitates a quicker transaction process.

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Investment analysis

(LN8 area)
Area Average
£231/sq ft
Avg Rent (weekly)
£211
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (LN8)

Area prices are falling by -5.6% over the last 12 months
3 year growth: -6.8%
5 year growth: -0.9%
Investment Disclaimer: Analysis based on LN8 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Union Street, Market Rasen, LN8
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£408
Based on a loan of £81,000 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

Price History

-6.1% since listed
£108,000£7,000(-6.1%)
13/02/2026
Current price
£115,000Initial listing
14/10/2025

Next Steps

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