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See how verdicts work2-bedroom house · NG34 0SP
Sold STCListed 131 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to purchase a unique individual oak framed barn constructed in a delightful country style together with a range of outbuildings and occupying a pleasant village position with private gardens and a paddock of 2.25 acres (sts).
The property offers stylish open plan accommodation of considerable character and including a kitchen/entrance hall, utility, cloakroom, a spacious living room with a high capacity stove and bi-fold doors opening to the rear giving lovely views to the south and west.
The first floor layout comprises two bedrooms and a shower room. Heating is via an efficient air source system.
It would be difficult to overstress the care and attention to detail expended in creating this delightful home. This includes the use of stainless steel frame fixings throughout.
Outside there is a large and versatile studio from which the present owner has run a successful conservation business.
Further useful outbuildings are suited to a variety of purposes and can be combined with the grass land to provide for the keeping of livestock and other outdoor activities as required.
Location Noted in the Domesday Book of 1086 the former town of Folkingham is now a charming village situated on the A15.
Sleaford is about 10 miles to the north and Bourne about 10 miles (15 mins) south, whilst the nearby A52 takes you to Grantham in around 20 minutes (13 miles) where fast trains to London takes about 70 minutes.
Peterborough is around a 35 minute drive where trains to King’s Cross take around 45 minutes. The historic city of Lincoln is less than a half hour drive north.
The village sits in a wide, rolling landscape and is centred on the large Market Place, remodelled by the Heathcote Family of Normanton, in Rutland.
In 1968, in recognition of its importance, this area became one of the first designated conservation areas in Lincolnshire.
Today, the New Inn is still open and serves food, there is a village store with a tea room, St. Andrew’s Church is open for worship and a playing field has a children’s play area and a football pitch.
A lively village hall is a venue for meetings, groups, clubs and fitness classes. An abundance of footpaths from the village provide a wealth of walks through lovely countryside.
Just 3 miles away, Billingborough offers more services including a primary school, so too Osbournby, with school buses passing through Folkingham.
For secondary education, there is a wide choice of excellent state schools with Ofsted rated Outstanding Bourne Grammar School nearby and a number of popular econdary schools including Carre’s Grammar School and Kesteven & Sleaford High School (for Girls) in Sleaford.
Grantham has The King’s School (for boys) and Kesteven and Grantham Girls’ School which are rated outstanding by Ofsted.
Entrance And Kitchen (3.96m x 3.40m) Utility Room (2.27m x 1.67m) Cloakroom (2.27m x 1.58m) Living Room (8.59m x 6.36m) First Floor Landing (4.77m x 3.95m) Bedroom 1 (3.92m x 3.74m) Bedroom 2 (3.94m x 3.29m) Shower Room (2.27m x 1.53m) Studio (8.97m x 4.00m) Stables (6.94m x 4.00m) Open Fronted Barn (10m x 7m) Approximate measurements.
Services Mains electricity and metered water supply. Drainage to private sewage treatment plant.
Agents 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 applicant. This will need to be actioned at the offer stage and before a memorandum of sale can be issued.
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 .
Note Dimensions plans and descriptions contained in these particulars are for general guidance purposes only and their accuracy is not guaranteed.
We have not tested any services or appliances described and prospective purchasers must rely on their own enquiries in this respect.
Parking - Secure Gated Gated access to secure parking and driveway access to field at the rear.
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
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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 10 Low Farm Drive, Sleaford
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