Summary - 1 CEDAR CLOSE MARKET RASEN LN8 3BE
2 bed 1 bath Terraced Bungalow
Well-presented two-bedroom over-55 bungalow with gardens, parking and no onward chain.
Exclusive over-55s development
End-terrace bungalow with front and rear gardens
Approximately 561 sq ft — compact living space
One shower room; dining room convertible to bedroom two
Leasehold: ~70 years remaining
Service charge £151.23 per month
Residents parking and easy local access to shops/station
Higher local crime level — investigate local safety
An end-terrace bungalow in a quiet over-55s development, offered with no onward chain. The layout is compact but flexible: a lounge, kitchen, double bedroom and a dining room that can serve as a second bedroom. The property is well presented and ready to move into, with double glazing, mains gas central heating and an EPC rating of C.
Outside there are small front and rear gardens that are low maintenance, plus residents’ parking. The development sits close to Market Rasen town facilities and the railway station, with excellent mobile signal and fast broadband — useful for staying connected and accessing local services.
Buyers should note this is a leasehold retirement property with a service charge of £151.23 per month and about 70 years remaining on the lease. The home measures approximately 561 sq ft, so it suits downsizers or single/couple buyers rather than those needing large living space. There is one shower room and limited overall storage.
Practical positives — low running costs (very cheap council tax), modern build (2003–2006) and straightforward maintenance — are balanced by the leasehold terms and monthly service charge. The surrounding area shows higher-than-average crime levels, which prospective buyers may wish to investigate further before committing.
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2 bedroom terraced house for sale in Church Mill Close, Market Rasen, LN8 — £160,000 • 2 bed • 2 bath • 965 ft²
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2 bedroom semi-detached bungalow for sale in Hutchings Way, Prebend Lane, Welton, LN2 — £53,750 • 2 bed • 1 bath • 656 ft²
2 bedroom detached bungalow for sale in Charlotte Close, Market Rasen, LN8 — £195,000 • 2 bed • 1 bath • 772 ft²
