Guide price

£85,000

2 bed flat for sale
Mount Pleasant Binbrook, Market Rasen LN8

    • 2 beds

    • 1 bath

Just added
Leasehold
Added on 20/08/2026

About this property

  • Projected net Rental Yield - 8%

  • 84 Year Lease

  • Ground Rent & Service Charge - £47 pcm

  • Manageable, Low-Maintenance Accommodation

  • Council Tax Band - A

  • Peaceful Residential Location

An appealing opportunity for investors, downsizers and buyers seeking a low-maintenance home, this well-presented two-bedroom flat offers practical, comfortable accommodation in the LN8 area.

Of particular interest to landlords and property investors, the flat offers a potential rental yield of approximately 8%, making it an attractive proposition for those looking to add an income-producing property to their portfolio.

The accommodation includes a good-sized living space, kitchen, two bedrooms and bathroom, with the second bedroom providing useful flexibility as a guest room, home office or additional rental bedroom.

For downsizers, the manageable accommodation offers an attractive alternative to maintaining a larger house, while retaining valuable additional space for visiting family, hobbies or working from home.

Located within the LN8 postcode area, the property enjoys a quieter Lincolnshire setting while remaining well placed for access to surrounding villages, local amenities and the wider road network.

Please note that any systems, appliances, or services shown in the marketing photographs have not been tested by us and will be subject to the fixtures and fittings agreement with the seller.

Once your offer has been accepted, a £5,000 exclusivity deposit is required to secure the property. This deposit forms part of the final purchase price, it also forms as apart of the mortgage deposit if using a mortgage and is not an additional cost.

The reservation deposit ensures the property is immediately withdrawn from the market and reserved exclusively for you, helping to prevent gazumping, unnecessary delays and avoidable costs for both parties.

A non-refundable administration fee of £600 (including VAT) is also payable. This fee is separate from the purchase price and covers the administration required to prepare the legally binding agreement between the buyer and seller, granting you the exclusive right to purchase the property within the pre-agreed timeframe.

For cash buyers, searches and surveys must be indemnified in accordance with our Terms and Conditions.

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Monthly repayment

£425 per month

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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

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