2-bedroom flat · NG34 0TG
For saleListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Pygott & Crone are proud to present this well positioned apartment overlooking the local market place, this beautifully converted Grade II listed building proudly sits in the heart of Folkingham village suited perfectly to first time buyers, downsizers or investors.
Accessed via a secure entry system, this charming second-floor apartment enjoys a private entrance shared with just one neighbouring property, leading through attractive and well-maintained communal areas.
The accommodation is thoughtfully arranged and comprises an entrance hall with stairs rising to a spacious dining kitchen, a generous living room enjoying pleasant views across the Market Place, two well-proportioned double bedrooms, and a family bathroom.
Brimming with character, the apartment features exposed beams, vaulted ceilings, and useful loft storage, while electric heating provides comfort throughout.
Externally, residents benefit from off-road parking to the rear of the building accompanied with additional storage space via a shed, with access to a communal courtyard, creating a pleasant outdoor space to enjoy.
To appreciate the space and charm this building has to offer, viewing is essential. Please call to arrange your viewing.
Agents Note: We have been advised that the property is Leasehold with 999 years left on the lease and that the cost per annum for ground rent and service charge is approximately £1500.
We have also been advised pets are not allowed.
Stairs From Ground Floor To Kitchen 5.59m x 3.52m - 18'4” x 11'7” Lounge 5.79m x 4.17m - 18'12” x 13'8” Bedroom 1 5.97m x 3.77m - 19'7” x 12'4” Bedroom 2 4.45m x 2.9m - 14'7” x 9'6” Bathroom
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
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FAQ
About Apartment 8, The Greyhound, 37 Market Place, Sleaford
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