2 Bridle Way, Market Rasen, LN8 3ZT

UPRN:10095385801Detached BungalowBeds -Built 2022

FreeholdCouncil Tax: Band CEPC: B (81)

Data freshness:Listing· freshPlanning· 4mo agoOwnership· freshEPC· 6mo agoRisk· 5mo agoConnectivity· 1mo agoSchools· 1mo agoAmenities· 2mo agoArea· Census 2021Council Tax· 4mo ago

HP Score

/ 100

Mixed

Verdict

today

Verdict: INVESTIGATE, on a scale of Buy, Investigate, Avoid.
Mixed signals - investigate

Evidence

19 of 21 sources

Sale Estimate

£293,000

£279k - £308kHigh

Estimate

£293k

Range

£279k – £308k

Rent Estimate (pcm)

£1,150

£1k - £1k

Monthly

£1,150

Yield

2.63%

Verdict

Derived from HomePortfolio scores

2 Bridle Way earns an INVESTIGATE rating with HP Score 62/100. Investment score 64/100 reflects moderate fundamentals. Crime intensity is moderate. Walkability is limited (35/100). Flood risk is not assessed: check the Environment Agency long-term flood map before offering. Tenure is freehold. Every figure here comes from the live HomePortfolio API; anything it does not publish is left out.

Key SourcesEPC RegisterPortal listingsOfcom Connected NationsOfcom mobile coverageMarket estimates (third-party AVM)HM Land Registry sales matched to addressDefra strategic noise mapping, England Round 4 (Contains Defra data © Crown copyright and database right 2023-2024, Open Government Licence v3.0)Walk ScoreONS Census 2021Police.ukHM Land Registry company ownershipHM Land Registry covenantsHM Land Registry Price PaidPlanIt / council planning portalsOverture Maps PlacesOfsted / DfE GIAS

HP Score

62/ 100

Mixed

Investment Score

64/ 100

Moderate

Crime Score

37/ 100

Elevated

Walkability

35/ 100

Mixed

Transit & Bike

Transit 12Bike 43

Walk Score, out of 100

Opportunity

Not scored as an opportunity

We will not put a number on this one.

new-build plot advert 79% above the estimate on its UPRN - the estimate describes another home on the development, not this plot

Withholding a score is deliberate. A number built on missing or stale inputs would look more certain than the evidence allows.

Economics

What happens to your money

Your assumptions

Purchase price£525,000

At the asking price

Monthly rent£1,150/mo

Evidenced range £1,000-£1,250

Interest rate5.4%

Loan to value75%

Cash required: £175,050
Net cash flow: -£976/mo
Cash on cash: -6.7%
Score at this price: -

After a 8% void allowance, 15% management and 10% maintenance. Lender coverage (rent ÷ interest): 0.65 - below the usual 1.25 test. These are your assumptions, not evidence: only the pre-filled rent and price come from the record.

Risks

What could kill this deal

Score confidence is low
largely a single source - treat the number as a prompt, not a conclusion

Property risk deep-dive →flood, subsidence, crime, environment - the full domain

Plan

Before you offer

1. Commission a full structural survey, not a basic condition report.
The score prices market evidence, not the fabric of the building.

Every step above was generated from a specific gap or flag in the evidence - no generic advice, no invented tasks.

Valuation & Market

Sale Estimate£293,000

Rent Estimate (pcm)£1,150

Gross Yield2.63%

1y Growth+3.5%

3y Growth-3.2%

5y Growth-0.5%

10y Growth+4.0%

Last Sold Price£285,000 (2023-04-04)

View Market Details

Risk Overview

Flood RiskUnknown
SubsidenceSignificant
RadonLow
MiningUnknown
LandslideSignificant
Air QualityLow
NoiseLow

View Full Risk Report

Planning Activity

Recent Apps

0LN8 3ZT

Approval Rate

-12mo

Development

low

151439
Notice to carry out tree works: G1 - Thorns - Approx height 5m with an approx spread of 5m - Reduce branches/stems on thorn trees leaning over the river and towards the road down to approx 2.5m in height and cut back to bank side. G2 - Willows - Approx height 6m with an approx spread of 6m - Remove all that are on Church Mill Court side of the river. G3 - Sycamores and thorns - Approx height of up to 10m with the group spanning an approx length of 45m - Crown lift all trees over footpath and road to approx 5.2m from road side ground level. Within the Market Rasen conservation area.
Pending
151442
Notice to carry out tree works: T1 - Holly - Dismantle/cut down. T2 - Cherry - Dismantle/cut down. T3 - Mulberry - Approx. height of 7m with an approx spread of 6m - Reduce by approx. 3m in height and reduce/cut back from house by 1.5m. Within the Market Rasen conservation area.
Pending
151399
Application for approval of reserved matters to erect 1no. dwelling considering access, appearance, landscaping, layout and scale following outline permission 146605 granted 20 November 2026..
Pending

View Planning Timeline