3-bedroom bungalow · NG33 4EJ
For saleListed 460 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hormead has been extended and remodeled during recent years by the present owner and now offers a most comfortable home with flexible accommodation.
The installation of solar panels, electric heating, and triple glazing has resulted in low documented energy consumption and an A rated energy performance certificate.
There is a generous living room, well fitted kitchen/dining room, utility room, double bedroom and bathroom with shower on the ground floor together with two good sized bedrooms and useful eaves storage at first floor level.
Externally there is a garage, workshop and a delightful south facing rear garden is now filling out to give a lovely private outdoor space with open fields beyond.
The property will appeal to buyers seeking a quiet village home in lovely South Lincolnshire countryside with the benefit of modest running costs and early viewing is recommended.
EPC Rating: A Location Ingoldsby is a small village approximately 8 miles equidistant from Grantham and Bourne. Ingoldsby Academy (Primary School) is located between Ingoldsby and Lenton.
Lincoln, 32 miles and Nottingham 33 miles away offer excellent City amenities.
Entrance Hall (1.67m x 1.92m) With uPVC half glazed entrance door, under stairs cloaks cupboard with mirror doors and inner glazed door to the living room.
Living Room (4.48m x 6.47m) A spacious and well proportioned room with aspects to front and side elevations and electric heater.
Kitchen/Dining Room (3.33m x 4.79m) Containing a range of base cupboards and drawers with granite working surfaces over and matching wall cupboards, inset one and a half bowl Asterite style sink with mixer tap, integrated oven and hob with cooker extractor over, integrated dishwasher, fridge and freezer, tiled floor, electric heater, uPVC triple glazed windows to the side and rear and French doors to the patio.
Inner Hall (1.86m x 1.87m) Having staircase off to the first floor accommodation and electric heater.
Utility Room (2.12m x 3.47m) Having a range of fitted cupboards, plumbing for washing machine, uPVC triple glazed window to the rear, tiled floor, inverter for solar panels and uPVC external door to the rear garden.
Bedroom 1 (3.54m x 3.98m) Having a range of fitted wardrobes, electric heater and uPVC triple glazed window to the front elevation.
Bathroom (2.20m x 2.57m) Having a panelled bath with shower attachment and screen over, tiled wet area with drain and shower, low level WC and wash basin, fully tiled walls, heated towel rail, tiled floor and uPVC triple glazed window to the rear.
First Floor Landing Having electric heater and access to eaves. Bedroom 2 (3.27m x 4.51m) With uPVC triple glazed window to the side elevation and electric radiator.
Bedroom 3 (3.29m x 3.62m) With uPVC triple glazed window to the side elevation, access to eaves and electric radiator.
Garage (2.90m x 4.94m) Workshop (2.05m x 2.48m) Agents Note The original building was of non standard system construction but new brickwork has created insulated cavity walls with high insulation values.
See Energy Performance certificate for verification.
Agent's Note Please note these particulars may be subject to change and must not be relied upon as an entirely accurate description of the property.
Although these particulars are thought to be materially correct, their accuracy cannot be guaranteed and they do not form part of any contract.
Some measurements are overall measurements and others are maximum measurements. All services and appliances have not and will not be tested.
Note Anti-Money Laundering Regulations – Intending purchasers will be required to provide identification documents via our compliance provider, Coadjute, at a cost of £54 inc. VAT per transaction.
This will need to be actioned at the offer stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
Newton Fallowell and our partners provide a range of services to buyers, although you are free to use an alternative provider.
If you require a solicitor to handle your purchase and/or sale, we can refer you to one of the panel solicitors we use. We may receive a fee of up to £300 if you use their services.
If you need help arranging finance, we can refer you to the Mortgage Advice Bureau who are in-house. We may receive a fee of £300 if you use their services.
For more information please call in the office or telephone .
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Hormead Main Street, Grantham
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