2-bedroom flat · NG34 7BQ
Sold STCListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Pygott and Crone are pleased to offer for sale this Over 55's spacious two-bedroom ground floor apartment, available with no onward chain.
Ideally located for convenient access to Sleaford town centre, this property presents a fantastic opportunity for first-time buyers, investors, or those looking to downsize.
The accommodation briefly comprises a welcoming entrance hall, a light and airy dual-aspect lounge featuring charming bay windows, a fitted kitchen complete with a separate pantry, two well-proportioned bedrooms, and a family bathroom.
Externally, the property benefits from communal parking situated to the front. Viewing is highly recommended to fully appreciate both the generous size and desirable location of this apartment.
Please note - We have been advised that the property is Leasehold with 62 years left on the lease and that the cost per annum for ground rent and service charge can be obtained from the agents office but we are advised it is a peppercorn rent.
Entrance Hall Lounge 5.11m x 3.5m - 16'9" x 11'6" Kitchen 3.9m x 1.8m - 12'10" x 5'11" Pantry 1.9m x 1.1m - 6'3" x 3'7" Bedroom 1 4.2m x 2.5m - 13'9" x 8'2" Bedroom 2 2.9m x 2.6m - 9'6" x 8'6" Bathroom 2.9m x 2m - 9'6" x 6'7"
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 Bishops Court, Sleaford, Lincolnshire, NG34
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