2-bedroom bungalow · NG34 9JB
Listing removedListed 169 days
Opportunity summary
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About
For Sale by the Modern Method of Auction - T & Cs Apply Offered for sale with no onward chain is this established detached bungalow in a quiet cul de sac in the popular village of Great Hale that adjoins the larger village of Heckington and as such benefits from its excellent amenities.
The property has gas fired central heating and UPVC double glazing. It has been well maintained but would benefit from some updating and as such is an excellent opportunity.
The accommodation includes hallway, lounge, kitchen, conservatory, two bedrooms and a bathroom with an electric shower over the bath.
Outside a long block paved driveway provides ample parking for four plus cars and leads to the garage.
The rear gardens are enclosed and secure and not overlooked laid to lawn together with two sheds and a greenhouse.
Buying Conditions This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the ”Reservation Period”).
Interested parties personal data will be shared with the Auctioneer (iamsold).If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.A Buyer Information Pack is provided.
The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price.
This is considered within calculations for Stamp Duty Land may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken.
Paym Entrance Hall Kitchen 2.64m x 2.64m - 8'8” x 8'8” Lounge 4.82m x 3.3m - 15'10” x 10'10” Bedroom 1 4.32m x 3.3m - 14'2” x 10'10” Bedroom 2 2.69m x 2.64m - 8'10” x 8'8” Conservatory 2.78m x 2.32m - 9'1” x 7'7” Bathroom 2.04m x 1.64m - 6'8” x 5'5” Outside Garage 5.21m x 2.45m - 17'1” x 8'0”
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 13, Orchard Close, Sleaford
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