2-bedroom house · NG34 0SP
Sold STCListed 119 days
Opportunity summary
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About
GROUND FLOOR ACCOMMODATION uPVC part glazed front door to Entrance hallway: Telephone point, radiator, stairs to first floor.
LOUNGE 12' 3" x 12' 0" (3.73m x 3.66m) Open fire place with brick surround, tiled hearth and wooden mantle, radiator, TV point, built in storage cupboard.
KITCHEN 9' 11" x 9' 11" (3.02m x 3.02m) Fitted with a range of wall mounted and floor standing wooden fronted cupboards, complimentary worktops and splash back tiling, four ceramic hob with extractor fan over, electric oven, inset stainless steel sink and drainer with mixer tap, wooden flooring open through to Dining Room.
DINING ROOM 9' 10" x 10' 9" (3m x 3.28m) Wooden flooring, radiator. INNER HALLWAY Red quarry tiled flooring, radiator, under stairs storage space, door opening to rear garden.
UTILITY ROOM 4' 6" x 5' 6" (1.37m x 1.68m) Red quarry tiled flooring, space and plumbing for automatic washing machine and tumble dryer. FIRST FLOOR LANDING Walk in storage cupboard.
BEDROOM 1 11' 11" x 12' 10" (3.63m x 3.91m) Three built in storage cupboards, radiator, window to front. BEDROOM 2 13' 7" x 10' 0" (4.14m x 3.05m) Built in storage cupboard, radiator, window to front.
SHOWER ROOM 10' 0" x 7' 5" (3.05m x 2.26m) Walk in double width shower cubicle with glass screen, complimentary splash back tiling, wash hand basin with vanity cupboard under, low level WC with concealed flush, black heated ladder towel rail, vinyl flooring./ EXTERNALLY The front of the cottage has a low level wooden picket fence.
It has a neat shaped lawn and a lovely tree in the centre of the lawn. A gravel driveway at the side of the cottage provides off road parking for several cars and leads to the rear garden.
The rear garden is a stunning feature of this cottage it has a large lawn and well stocked mature tree and shrub borders.
There are stunning views across open fields and the oil tank is located in the rear garden. Overall this is an enviable garden and viewing of the cottage and garden is highly recommended.
DIRECTIONS From Eckfords & Longstaff office turn left and travel North along the A15.
After approximately 8 miles when reaching the village of Folkingham turn left of the market square on to West Street. Turn left into Low Farm Drive and number 3 is located on the left hand side.
AMENITIES Folkingham is a beautiful Lincolnshire conservation village with many individual houses in the main market square. The village benefits from a local store and post office and a village pub.
Situated just 8 miles North of Bourne, 14 miles to Grantham, and 14 miles to Sleaford this cottage is ideally located for anyone needing to commute.
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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About Low Farm Drive , Folkingham
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