4-bedroom house · NG34 0JW
For saleReduced £10.1k (−2.5%) on 21 JunListed 226 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Substantially extended and much improved country cottage overlooking farmland to three sides and providing spacious family accommodation extending to some 1978 sqft appointed to a high standard.
Whilst enjoying this rural location situated on a no through road the property is only about a mile from the A52 giving excellent access to surrounding towns including Grantham some 15 miles away where there is intercity rail service and A1.
The accommodation includes entrance hall, snug, study, impressive family dining kitchen with bi fold doors and lounge with dual aspect views, rear hall, utility room and WC.
To the first floor are four generous bedrooms, the main being dual aspect and having an en suite bathroom with free standing bath and a main bathroom with P shape bath with shower over.
Outside a shared driveway leads to private parking with front gardens laid to lawn with a variety of shrubs and trees. There is a detached garage.
Further gardens to the rear including lawn with shrubs and trees. There are a number of outbuildings including a brick store, and garden room.
Agents note We are advised that the property is accessed by a shared driveway with costs split 50/50 with the neighbour.
There is a covenant on the title whereby permission must be sought from The Crown Estate for any extensions / alterations to the property.
Entrance Hall Study 3.82m x 2.74m - 12'6” x 8'12” Snug 3.82m x 3.67m - 12'6” x 12'0” Rear Hall Utility 3.01m x 2.24m - 9'11” x 7'4” WC Open Plan Family Kitchen Dining Room 7.02m x 4.39m - 23'0” x 14'5” Lounge 5.28m x 4.39m - 17'4” x 14'5” First Floor Landing Bedroom 1 5.87m x 4.43m - 19'3” x 14'6” En-Suite Bathroom 2.46m x 2.23m - 8'1” x 7'4” Bedroom 2 4.01m x 3.5m - 13'2” x 11'6” Bedroom 3 3.77m x 3.65m - 12'4” x 11'12” Bedroom 4 3.82m x 2.78m - 12'6” x 9'1” Bathroom 2.23m x 1.84m - 7'4” x 6'0” Outside Garage Store
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 2, Cardyke Cottage, Sleaford
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