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Caistor Road, Market Rasen

East Midlands

£235,000

Listed on 29/10/2026

The listing

Property details

Bedrooms
2
Type
Detached Bungalow
Area
1293 sqft

Features

  • Garage
  • Garden
  • Parking

Description

This detached two-bedroom bungalow occupies a generous plot within walking distance of Market Rasen town centre and, for many, the railway station. The accommodation includes an entrance porch and hall, a dining area open to the kitchen, a separate lounge, utility room, bathroom and two bedrooms. The second bedroom has a sliding door to the rear garden. The property is offered with no onward chain. The kitchen has fitted base units, work surfaces, a range cooker and space for appliances, while the utility room provides additional laundry space and access to steps leading to a large loft room. The listing identifies scope to reconsider the layout, potentially creating another bedroom, or to extend to the rear, subject to the necessary permissions and checks. Outside, the front garden is set behind a long driveway with additional gravel parking or turning space. Gates lead to the rear, where there is further hardstanding, a single garage and garden seating areas. Market Rasen has a range of shops and services, schools, bus links and a railway station, as well as a racecourse and golf course.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

78out of 100
Grade BGood opportunity

Confidence: MEDIUM

At £235,000, this detached bungalow is priced at £182/sqf, around 21% below the local average—a strong entry point for a clean, usable home with scope to add value. The generous plot, lawn, driveway and garage access stand out, while the town-centre setting is within walking distance of local facilities and the station.

The main rooms are serviceable, so this is a light-refresh project rather than a full renovation. Dated finishes offer room to personalise, and the large unfinished loft room and potential layout changes provide further avenues to explore, subject to suitability and any required permissions. The roof tiles look weathered, though there is no clear sign of failure in the photos.

Key opportunities

  • Acquire at a notably below-average local £/sqf, with clean, serviceable main rooms that lend themselves to a light refresh.
  • Make the most of the generous frontage, driveway, garage access and usable rear garden space.
  • Explore whether the unfinished loft room or a layout change could add useful accommodation, subject to feasibility and permissions.

Key risks

None recorded.

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Map

Location

Caistor Road, Market Rasen
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Transport

Nearest stations

  • Market Rasen Rail Station

    0.5 miles

    Train · Market Rasen

  • Kirton Lindsey Rail Station

    12.4 miles

    Train · Kirton in Lindsey

  • Brigg Rail Station

    12.6 miles

    Train · Brigg

  • Barnetby Rail Station

    13.1 miles

    Train · Barnetby le Wold

Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.

Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£888
Based on a loan of £176,250 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.

Tax

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Indicative tax based on the asking price and the options you select.

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