We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom house · NG34 9NR
For saleListed 90 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious and fully renovated Three Bedroom Detached Barn Conversion located down a 'No Through Road' and only a couple of miles from Sleaford, offering grounds measuring 1.43 acres (subject to survey), spacious accommodation measuring approx 1,1356 sqm, Ample Off Road Parking and Garages & Stables.
The property offers a superb family home ready for someone to move straight into and has full accommodation comprising 19'1 x 19'1 Open Living Area with Kitchen, Utility Room, Snug, Mezzanine/Office Area, Three Spacious Bedrooms with En-Suite to the master bedroom and Family Bathroom.
Outside, within the grounds is a Detached Double Garage with Fully Enclosed Gardens.
And across the driveway (shared by only one other property), is a further Parking Area, Three StablesTack Room, Further Private Garden and Two Paddocks offering the potential for a livery small holding.
This property is in a tranquil position yet convenient for Sleaford town and its amenities making it a superb retreat and viewing is highly recommended to appreciate everything this property has to offer.
Directions: Travelling from our office, head South and follow the one way system past the Market Place and turn right into Carre Street.
Filter left into Boston Road and proceed out of the town into Kirkby La Thorpe, Turn right at the top of the bridge into Mount Lane and the property is located down a shared drive on the left hand side, as indicated by our 'For Sale' board.
Open Living Area: (5.82m (19'1") x 5.82m (19'1")) Utility Room: (3.20m (10'6") x 2.26m (7'5")) Snug: (4.95m (16'3") x 3.20m (10'6")) Bedroom 1: (3.91m (12'10") x 3.10m (10'2")) En-Suite: (1.88m (6'2") x 1.75m (5'9")) Bedroom 2: (5.82m (19'1") x 2.95m (9'8")) Bedroom 3: (3.23m (10'7") x 3.20m (10'6") max) Mezanine/Office (3.25m (10'8") x 2.54m (8'4")) Bathroom: (2.13m (7'0") x 1.68m (5'6")) Outside: There is a large, gravelled driveway providing Parking for a number of vehicles providing access to the Three Stables: Stable 1 - 3.58m (11'9") x 3.56m (11'8"), Stable 2: 3.53m (11'7") x 3.45m (11'4") and Stable 3: 3.58m (11'9") x 3.53m (11'7"), and Tack Room: 2.36m (7'9") x 2.59m (8'6") all with power and lighting.
There is a large timber shed and a fully enclosed area housing a container unit and two five bar timber gates which lead to a Second Garden Area which is laid to lawn with a Greenhouse and Fruit Cages, all enclosed by hedging and timber fencing.
Land Area: Plot: Council Tax Band C
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.
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FAQ
About Waggoners Lodge, Kirkby La Thorpe
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