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Burghley Close, Market Rasen, LN7

East Midlands

£225,000
Listed on 27/04/2026

Property Details

Bedrooms
2
Type
Bungalow

Description

Located in the sought-after village of Nettleton, adjacent to the picturesque Lincolnshire Wolds, this detached bungalow presents a unique opportunity for renovation and investment. With two spacious bedrooms, this property boasts a dual-aspect L-shaped lounge/diner featuring an open fire and direct access to a double-glazed conservatory. While the home is in need of updating throughout, it includes a practical kitchen with an adjoining utility room, enhancing functionality for modern living. The fully tiled bathroom adds to the existing layout. Additionally, the single brick garage and driveway accommodating four vehicles provide ample parking space, perfect for entertaining guests. The generous front garden is complemented by a south-facing enclosed backyard adorned with a summer house, ideal for creating an outdoor retreat. With no known planning issues or required works, this property holds significant potential for those looking to invest in renovations that can enhance its value and appeal.

Investment Analysis

(LN7 area)
Area Average
£212/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (LN7)

Area prices are rising by +5.1% over the last 12 months
3 year growth: +6.2%
5 year growth: +18.0%
Investment Disclaimer: Analysis based on LN7 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

Burghley Close, Market Rasen, LN7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£797
Based on a loan of £168,750 over 30 years at 3.91% 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.

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