3-bedroom bungalow · NG34 8QE
Listing removedListed 130 days
Opportunity summary
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About
Individual established bungalow enjoying a large plot adjacent to Rauceby Hall's parkland.
The property has been well maintained but offers immense potential to update and possibly extend subject to relevant consents.
An excellent opportunity in this highly sought after village and offered for sale with no onward chain.
The property was originally built in the 1960s and is offered for sale by only the second owner who has enjoyed the property for the last 46 years and benefited from its convenient access to Grantham some 12 miles to the West affording access to the A1 and intercity rail services to London Kings Cross.
Features include electric heating, uPVC double glazing, cavity wall insulation. There is also Full fibre in adjoining footway with duct to the bungalow (with draw line).
Of further interest there is a bus stop at the end of Pinfold Lane just a stones throw away giving easy access in to Sleaford, a railway station at Greylees just across the A153 at the top of Rauceby Drove where there is also a popular 19 hole golf course.
The existing accommodation includes: Entrance porch, hallway, lounge, dining room, kitchen, pantry, WC, rear porch, three bedrooms and bathroom along with an additional WC.
Outside to the front a driveway provides parking and leads to the integrated garage with further additional parking to the side.
The main garden is to the rear being quite generous, enclosed and laid mainly to lawn together with a variety of mature shrubs and trees.
South Rauceby is a well-regarded estate village with locally renowned country pub and restaurant 'The Bustard Inn', primary school and active village hall which houses a popular pre school.
There are many lovely walks and bridleways in the area together with two livery yards in the village itself. Being just outside of Sleaford it is also convenient for both the A15 and A17.
The larger market town of Grantham is only 12 miles away where there is both A1 and intercity rail service to London King's Cross.
Entrance Porch Entrance Hall 2.97m x 2.92m - 9'9” x 9'7” Lounge 6.25m x 3.61m - 20'6” x 11'10” Dining Room 3.68m x 2.34m - 12'1” x 7'8” Kitchen 3.73m x 3.02m - 12'3” x 9'11” WC Pantry Rear Porch Bedroom 1 4.24m x 2.87m - 13'11” x 9'5” Bedroom 2 4.24m x 2.87m - 13'11” x 9'5” Bedroom 3 3.25m x 3.2m - 10'8” x 10'6” Bathroom 1.85m x 1.8m - 6'1” x 5'11” Further WC Outside Integral Garage 5.23m x 3.07m - 17'2” x 10'1”
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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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 16, Pinfold Lane, Sleaford
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