2-bedroom flat · NG34 8RE
For saleListed 816 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Investment Opportunity offered for sale subject to existing assured shorthold tenancy agreement, currently let at £480pcm but potential to increase this.
The property is a leasehold first floor apartment situated on a modern development convenient for the town centre and amenities. The property has gas fired central heating and uPVC double glazing.
The apartment is accessed by a communal hall, stairs and landing which leads to the hallway off which is lounge, kitchen, two bedrooms and bathroom. Outside the property has parking.
Please note - We have been advised that the property is Leasehold with 992 years left on the lease and that the cost per annum for ground rent and service charge is approximately £1800.
Agents Note - The pictures are prior to the existing tenancy.
Agent's Note: We have been advised by the vendor that the property is currently let on an AST; The landlord is willing to serve the tenants with a Section 21 Notice after a sale has been agreed if required.
The buyer will need to confirm with their solicitor regarding vacant possession and dates.
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 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
.png){kind=logo}
FAQ
About 18, The Hedgerows, Sleaford
Explore nearby
