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See how verdicts work2-bedroom house · NG34 0SB
For saleReduced £20k (−5.2%) on 25 OctListed 262 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GROUND FLOOR ACCOMMODATION Front door opening into Spacious Lounge.
LOUNGE 29' 3" x 13' 1" (8.92m x 3.99m) Open fire place with stone chimney breast and surround and a log burner, TV point, electric radiator, two wall lights, exposed wooden ceiling beams, part exposed stone walls, step down to end of Lounge, door through to Kitchen/Diner, stairs to first floor.
KITCHEN/DINER 12' 11" x 12' 07" (3.94m x 3.84m) Fitted wall mounted and floor standing oak fronted cupboards with complimentary fitted worktops and splash back tiling, inset one and a quarter bowl polycarbonate sink and drainer with mixer tap, four ring ceramic hob with extractor fan over, double electric oven, integrated fridge, integrated dishwasher, to opposite wall further wall mounted and floor standing oak fronted cupboards including a glass fronted display cupboard, exposed stone wall, exposed ceiling beam, electric radiator.
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FIRST FLOOR LANDING Sloped ceiling, wooden ceiling beams, two wall light points, wooden panelling which is used as a balustrade we believe this comes from a old church, airing cupboard housing hot water tank, further storage cupboard.
BEDROOM 1 13' 9" x 8' 10" (4.19m x 2.69m) The entrance into the main bedroom houses built in wardrobes and has a door leading to the ensuite.
The bedroom has sloped ceilings, wooden beams, electric radiator, window to front and side.
ENSUITE SHOWER ROOM Enclosed shower cubicle, low level WC with concealed flush, wash hand basin with vanity cupboard under, complimentary splash back tiling, ceramic floor tiles, extractor fan.
BEDROOM 2 7' 11" x 11' 10" max (2.41m x 3.61m) Sloped ceiling, wooden beams, electric radiator, window to side and rear. BEDROOM 3 5' 4" x 7' 7" (1.63m x 2.31m) Wooden beams, window to side.
BATHROOM Panelled bath, low level WC with concealed flush, pedestal wash hand basin, complimentary splash back tiling, heated rail rail, electric shaver point and light, ceramic floor tiles.
EXTERNALLY ANNEXE/GARDEN ROOMS KITCHEN 6' 8" x 13' 0" (2.03m x 3.96m) Fitted wall mounted and floor standing cream fronted cupboards, complimentary wooden effect worktops and splash back tiling, inset one and a quarter bowl stainless steel sink and drainer with mixer tap, four ring ceramic hob, space and plumbing under worktop for automatic washing machine and tumble dryer, space for fridge, wall mounted electric radiator.
LOUNGE/DINER 17' 9" x 22' 9" (5.41m x 6.93m) A lovely light and airy room with French doors opening and over looking both the main cottage garden and the annexe garden.
two electric radiators, access to loft storage space.
BEDROOM 9' 7" x 11' 4" (2.92m x 3.45m) Window to rear SHOWER ROOM Enclosed shower cubicle, low level WC, wall mounted wash hand basin, complimentary splash back tiling, laminate flooring, heated towel rail, extractor fan, electric shaver point and light.
GARDENS. The main cottage benefits from the most glorious garden designed and landscaped by a professional garden designer.
There are raised flower and shrub beds, a neat shaped lawn and a winding pathway leading to the separate annexe.
Included in the main garden are over 60 different rose bushes, a wealth of mature shrubs, many spring bulbs and perennials.
The Annexe has a further garden behind with raised vegetable beds and a variety of apple trees.
A long gravelled driveway and turning head provides off road parking for several cars and leads to the single garage which is part of the annexe block.
AGENTS NOTE Hollow Well Cottage is situated in the very popular conservation village of Folkingham just 8 miles North of Bourne and 12 miles from Grantham.
It is steeped in charm and character and has the added benefit of a self contained one bed room annexe.
The annexe would be perfect for anyone needing to work from home, subject to planning open as an air B&B . Or perfect for an elderly relation or young adult.
This property really should be viewed to appreciate both the charm and character it has to offer and also the additional accommodation the annexe provides.
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.
Area
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FAQ
About Sleaford Road , Folkingham
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