Union Street, Market Rasen, LN8
East Midlands
£99,500
Listed on 29/10/2026
Listed on 29/10/2026
The listing
Property details
Bedrooms
4Type
TerracedArea
1163 sqftFeatures
- Garden
Description
This four-bedroom freehold terraced house is offered with no onward chain and is situated close to the centre of Market Rasen. The accommodation includes a large lounge/diner, a kitchen/diner, a ground-floor bathroom, four bedrooms and a separate dressing room. The property requires modernisation, giving buyers scope to update the existing rooms and consider how best to use the layout, subject to any necessary consents.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
75out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £99,500, this four-bedroom freehold is priced at about £86 per sq ft, well below the local average of £231 per sq ft—an unusually low entry point for a value-add project. The spacious lounge/diner and kitchen/diner, extra dressing room and private courtyard give the property a useful foundation for a modern family home or rental, subject to buyers checking their plans and the local market.
Key opportunities
- Refresh the dated decoration and floor finishes across the lounge/diner and bedrooms to give the generous accommodation a more cohesive feel.
- Modernise the older kitchen and bathroom fittings, with the bathroom ceiling staining and damage checked as part of the work.
- Make better use of the four-bedroom layout and separate dressing room, and improve the presentation of the private courtyard.
Key risks
- Ceiling staining and surface damage are visible in several areas; establish the cause and extent before setting the scope of work.
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Transport
Nearest stations
Market Rasen Rail Station
0.2 miles
Train · Market Rasen
Kirton Lindsey Rail Station
12.6 miles
Train · Kirton in Lindsey
Brigg Rail Station
12.8 miles
Train · Brigg
Barnetby Rail Station
13.4 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
£376
Based on a loan of £74,625 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.
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