2-bedroom house · NG34 6BA
For saleReduced £39k (−44.4%) on 14 AugListed 84 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We're pleased to announce The Ancaster, a two-bedroom home is now available at Handley Chase.
Moving Made Easier - £2,000 allowance on completion* T&c's Apply Beautifully designed homes set in Lincolnshire's open countryside, with green spaces and scenic walks on your doorstep.
Modern living meets rural charm, with shops, schools and excellent connections just minutes away.
Built by Bellway, this development is situated in the market town of Sleaford - making it the perfect place to call home. The front door of this home opens into the hall and from there is the the modern kitchen, which has a built-in oven, hob and hood.
Further down the hall is the living/dining room, which has a door that leads out to the rear enclosed garden, which will be freshly turfed. The ground floor also boasts a downstairs WC.
The first floor has two bedrooms and a family bathroom fitted with a modern three-piece suite. This brand new home also benefits from gas central heating and uPVC double glazing.
The property has two allocated parking spaces. Flooring included to wet areas to include Kitchen, Bathroom & WC. Ownership options to suit you. Are you eligible for Shared Ownership?
Example House cost £87,750 (representing a 45% share of ownership) and monthly rent £290.17. 100% property value £195,000.
*Amount is combined Rent and Associated Charges such as Buildings Insurance, Management Charge and Service Charge payable per calendar month. Example Share Breakdown Shares available from 25% to 75%.
Please see examples prices and rents listed below.
25% share - Purchase price £48,750 - Rent Charges of £379.55 40% share - Purchase price £78.000 - Rent Charges of £312.52 60% share - Purchase price £117,000 - Rent Charges of £223.14 75% share - Purchase price £146,250- Rent Charges of £156.11 Full Property Value £195,000.
All rent charges above include rent, management charge, service charge & buildings insurance payable per calendar month.
You can buy a home through shared ownership if both of the following are true: - your household income is £80,000 a year or less (£90,000 a year or less in London) - you cannot afford all of the deposit and mortgage payments for a home that meets your needs One of the following must also be true: - you're a first-time buyer - you used to own a home but cannot afford to buy one now - you're forming a new household - for example, after a relationship breakdown - you're an existing shared owner, and you want to move - you own a home and want to move but cannot afford a new home that meets your needs The new-build homes on this development will be available as Shared Ownership.
Disclaimer: This development layout plan depicts the intended layout and development mix at the time of publication.
However, those intentions may change and a purchaser cannot rely on the details shown on this plan. Landscaping shown is only indicative. Any queries should be raised through the conveyancing process.
Dimensions stated are to be used as guidance only and should not be used as a basis for furnishings, furniture or appliance spaces.
Dimensions for such purposes must be verified against actual site measurements. Please note the handing of plots may vary from the floor plans shown.
Please check individual plot details with our Sales Team. All images are used for illustrative purposes only and are representative only.
They may not be the same as the actual home you purchase and the specification may differ.
Images may be of a slightly different model of home, individual features such as windows, brick, carpets, paint and other material colours may vary and also the specification of fittings may vary.
Any furnishings and furniture shown are not included in any sale. Please check with a member of our sales team for details of the exact specification for each property type and the associated prices.
*T&c's - The £2,000 towards moving costs will be deducted off the final completion statement and cannot be given as a cash substitute.
This offer is valid only on reservations made on plots that are actively advertised as part of our Moving Made Easier campaign.
Our offer has no fixed end date, and we reserve the right to amend, withdraw, or remove the offer and/or any included plots from our listings at any time without prior notice.
Entrance Hall Kitchen 2.65m x 3.35m - 8'8” x 10'12” Living/Dining Room 4.14m x 5.13m - 13'7” x 16'10” First Floor Landing Bedroom 1 4.14m x 3.51m - 13'7” x 11'6” Bedroom 2 4.14m x 4m - 13'7” x 13'1” Bathroom
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Plot 351 The Ancaster, Spire View, Sleaford
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