3-bedroom bungalow · NG32 3QQ
For saleReduced £5k (−2.1%) on 20 OctListed 320 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*A Spacious Three-Bedroom Bungalow in a Well-Served Popular Village Setting* Guide Price: £240,000 - £250,000 This extended semi-detached bungalow offers a fantastic opportunity for anyone seeking single-storey living in the popular and well-connected village of Ancaster.
Offered for sale with no onward chain, the property provides generous accommodation including a welcoming entrance hall, a bright and comfortable lounge, a sizeable kitchen diner, three bedrooms and a modern shower room.
Set on a good sized plot, the bungalow enjoys both front and rear gardens, together with a driveway leading to a single garage.
The rear garden is particularly appealing, featuring a patio area, mature planting and a natural beck running along the boundary, creating a peaceful outdoor space.
The home benefits from uPVC double glazing throughout and oil-fired central heating, ensuring year-round comfort and efficiency.
Situated in a vibrant village rich in amenities, the location offers everything from a doctors surgery, Co-op and Post Office to local shops, a respected primary school, pub, butchers, train station and regular bus routes.
The nearby Woodland Waters beauty spot adds further appeal, while Grantham and Sleaford are easily accessible by road or rail.
This is a property with great potential in a highly convenient and historic village setting-an ideal choice for those looking to put their own stamp on their next home.
Entrance Hall Lounge 6.45m x 3.58m - 21'2” x 11'9” Dining Room 3.15m x 2.46m - 10'4” x 8'1” Kitchen 3.4m x 2.67m - 11'2” x 8'9” Shower Room 2.46m x 2.87m - 8'1” x 9'5” Bedroom 1 3.68m x 2.87m - 12'1” x 9'5” Bedroom 2 4.17m x 2.59m - 13'8” x 8'6” Bedroom 3 2.59m x 2.31m - 8'6” x 7'7” Outside Garage 5.23m x 3.02m - 17'2” x 9'11”
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.
Area
Agent & docs
FAQ
About 21, Mercia Drive, Grantham
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