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Caistor Road, Market Rasen LN8 - Image 1
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Caistor Road, Market Rasen LN8

East Midlands

£235,000

Listed on 10/10/2026

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, local facilities and the railway station. The accommodation includes an entrance porch and hall, a dining area open to the kitchen, a separate lounge, utility space, two bedrooms and a bathroom. The utility area also provides access to a large loft room. The property is offered with no onward chain and the layout may offer scope for alteration; any extension or conversion would be subject to the relevant checks and permissions. Outside, the front garden includes lawn, a substantial driveway and additional gravelled parking or turning space. Gates lead to the rear, where there is further hardstanding, a single garage and a seating area with flowerbeds. Market Rasen has local shops and services, a railway station and bus links, as well as a range of leisure and community facilities. The existing accommodation and loft room provide options to consider, with feasibility and any required consents to be verified.

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 attractively at £182/sq ft, around 22% below the local average—a strong starting point for an acquisition. The main living areas are clean and usable, with older finishes that leave room for a light refresh rather than a major renovation. The generous plot, substantial parking and established outdoor space add to its appeal, while the loft room is unfinished and should not be counted as completed accommodation.

There is also potential to explore a layout change or rear extension, subject to planning and feasibility. Its central Market Rasen position, within walking distance of town amenities and the station, rounds out a promising opportunity.

Key opportunities

  • Acquire at a strong price point: the asking price is around 22% below the local average per square foot.
  • Refresh older finishes at a light scale while retaining the clean, usable main living areas.
  • Explore the generous plot, parking and unfinished loft as sources of potential, subject to planning, approval and suitability.

Key risks

None recorded.

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Map

Location

Caistor Road, Market Rasen LN8
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Transport

Nearest stations

  • Market Rasen Rail Station

    0.4 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

    13.2 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 5.13%

Current average variable rate is 6.58%

Monthly Repayments
£960
Based on a loan of £176,250 over 30 years at 5.13% 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

Stamp duty calculator

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

Pricing

Price history

-6.0% since listed
£235,000£15,000(-6.0%)
13/12/2025
Current price
£250,000Initial listing
08/07/2025

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