1/14

4 bed house for sale Union Street, Market Rasen, LN8

Asking price

£99,500

Added on 25/09/2026

Type: Terraced
Bedrooms: 4
Bathrooms: 1
Size: £90 per sq ft
Tenure: Freehold

Council tax Band A £1,570 a year

Key features

Excting Project with lots of Potential
Full Renovation Project - No Onward Chain
Spacious Terraced House
Town Centre Location - Close to Local Amenities
Porch, Lounge, Kitchen Diner
GF Bathroom, 4 Bedrooms & Dressing Room
Courtyard Style Garden to Rear
Scope to add value through refurbishment and improvement
Potential for a number of investment strategies, subject to due diligence and any required consents
Viewing Advised to see Potential

About this property

EXCITING RENOVATION PROJECT WITH LOTS OF POTENTIAL,

Spacious Terraced house in a town centre location IN NEED OF MODERNISATION being close to local amenities, offering entrance porch, lounge, kitchen diner, ground floor bathroom, 4 bedrooms, dressing room and GARDEN to rear.

NO ONWARD CHAIN.

INVESTMENT / DEVELOPMENT OPPORTUNITY – FOUR-BEDROOM FREEHOLD PROPERTY

A genuine refurbishment and investment opportunity with scope to add value. Offered with no onward chain, this spacious four-bedroom terraced property occupies a town-centre position in Market Rasen and represents an excellent opportunity for investors, developers, landlords and owner-occupiers looking for a property where improvement and modernisation could unlock further value.

Floorplan

Council tax

Band A £1,570 a year

Per year

Band A

This home: £1,570
Band B

£1,831
Band C

£2,093
Band D

£2,354
Band E

£2,877
Band F

£3,401
Band G

£3,924
Band H

£4,709

This home is in band A, which costs £1,570 a year in West Lindsey for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across West Lindsey, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Price guide

This home

£90 / sq ft

Area average (sold)

£226 / sq ft

Price per area, sold homes nearby

£141 / sq ft

£90 / sq ft

£293 / sq ft

Lowest

This home

Highest

£90 per sq ft, below almost all recent sales in LN8 (£141–£293, 10th–90th percentile, 443 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 443 homes sold in LN8 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in LN8 →

Location

Union Street, Market Rasen, LN8

Open map Street View

Mortgage and stamp duty

Property price £99,500

£50k £149k

Deposit10% £10,000

£0 £100k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £89,500 mortgage. Most lenders would want a household income of about £20,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
38, Union Street Terraced	Terraced	Jan 2024	807 sq ft £89/sq ft	807 sq ft	£89	£72,000
15, Union Street Terraced	Terraced	Aug 2023	667 sq ft £165/sq ft	667 sq ft	£165	£110,000
15, Union Street Terraced	Terraced	Aug 2022	667 sq ft £150/sq ft	667 sq ft	£150	£100,000
44, Union Street Terraced	Terraced	Jun 2022	1,195 sq ft £116/sq ft	1,195 sq ft	£116	£138,000
Flat D, Hartley House, Union Street Flat / maisonette	Flat / maisonette	May 2022	n/a	n/a	n/a	£63,500
12b, Union Street Terraced	Terraced	Apr 2022	893 sq ft £143/sq ft	893 sq ft	£143	£127,500
25, Union Street Semi-detached	Semi-detached	Mar 2022	1,528 sq ft £98/sq ft	1,528 sq ft	£98	£150,000
30, Union Street Terraced	Terraced	Dec 2019	829 sq ft £105/sq ft	829 sq ft	£105	£87,000