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Willingham Road, Market Rasen

East Midlands

£200,000

Listed on 03/06/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This three-bedroom mid-terrace property in Market Rasen offers an appealing blend of character and renovation potential. Nestled in a vibrant market town with ample local amenities, this home has seen significant upgrades, including a new main bathroom and en-suite, modern electrical and plumbing enhancements, and the installation of a high-efficiency Worcester Bosch Greenstar combi boiler. The property features double-glazed windows and doors replaced in 2023, while earlier improvements such as woodburning stoves add both charm and functionality. The detached stable block, currently serving as a workshop and garage, presents additional versatility for storage or potential conversion (subject to planning). Although much work has already been completed, the property remains a project close to completion, providing an excellent opportunity for buyers eager to put their personal stamp on their new home. The enclosed rear garden further enhances the property's appeal, offering space for outdoor enjoyment or further landscaping vision. This is a solid investment opportunity within a desirable area.

Investment Analysis

(LN8 area)
Area Average
£232/sq ft
Avg Rent (weekly)
£224
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (LN8)

Area prices are falling by -4.3% over the last 12 months
3 year growth: -6.0%
5 year growth: +2.6%
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

Willingham Road, Market Rasen
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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
£756
Based on a loan of £150,000 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

-2.4% since listed
£200,000£5,000(-2.4%)
18/06/2026
Current price
£205,000Initial listing
06/06/2026

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