We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · NG34 7QG
For saleReduced £5k (−3.5%) on 4 AugListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideal for first time buyers and investors Situated just a short walk from Sleaford Town Centre and enjoying attractive views over the River Slea, this well-presented two double bedroom end-terrace home has been recently updated by the current owner and offers spacious accommodation throughout.
The property comprises a fitted kitchen, separate dining room, comfortable lounge, two generous double bedrooms and a family bathroom.
Conveniently located close to local amenities, transport links and the town centre, this property represents an excellent opportunity for first-time buyers, investors or those looking to downsize.
Early viewing is highly recommended to fully appreciate the location, size and quality of accommodation on offer. EPC rating: D.
Lounge (3.31m x 4.26m (10'10" x 14'0")) With French doors leading to rear garden, fire place, TV point, laminate flooring and radiator.
Kitchen (2.32m x 3.84m (7'7" x 12'7")) A modern kitchen having a range of base and eye level units with work surface over, electric oven with gas hob and extractor hood over, space and plumbing for washing machine, composite sink with drainer and mixer tap, tiled flooring, part glazed door and window to side and radiator.
Dining Room (3.65m x 4.26m (12'0" x 14'0")) With continued laminate flooring, BT point, understairs storage cupboard, window to front aspect and radiator.
Bedroom One (3.31m x 4.26m (10'10" x 14'0")) With window to rear aspect and radiator. Bedroom Two (3.65m x 2.74m (12'0" x 9'0")) With window to front aspect and radiator.
Family Bathroom A modern three piece fully tiled suite comprising paneled bath with mains fed shower over, pedestal hand wash basin set in vanity unit with cupboards under, low level wc, extractor fan, window to front aspect and radiator.
Outside The front of the property offers a small courtyard with timber fence surround.
The south facing rear garden overlooks the River Slea and offers an area laid to lawn with decorative borders, leading to large timber shed with seating area and side access.
Agents Note These are draft particulars awaiting vendor approval. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither Newton Fallowell nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
Financial Services As part of our continued commitment to providing the best advice to all our clients we work closely with Mortgage Advice Bureau & part of our guaranteed commitment to our vendors is to establish the financial position of any offer received on their home.
Whilst we offer free mortgage advice from any stage of the buying or selling process, we operate a mandatory qualification process on all offers prior to submission of any offer to our vendors.
The mortgage advice bureau is regulated by the financial ombudsman and operate on an independent basis within our premises at 4 Southgate, Sleaford, NG34 7RZ.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers 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.
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FAQ
About 1, Castle Terrace, Sleaford
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