2-bedroom bungalow · NG34 8AF
Listing removedListed 239 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious Two Double Bedroom Detached Bungalow with a larger than average West Facing Rear Garden located at the head of this cul-de-sac and offered to the market with No Forward Chain.
The property would benefit from some cosmetic updating however benefits from Gas Central Heating (with a combination boiler) and Double Glazing, and the full accommodation comprises Entrance Hall, Lounge, Dining Kitchen, Two Bedrooms and Shower Room.
Outside a good sized drive approaches the Single Garage and the rear garden is partially enclosed.
The property is conveniently situated within walking distance of the Lincoln Road amenities, and to fully appreciate the location and potential of this property, viewing is recommended.
Directions: From our office head North and proceed past the Tesco traffic lights and over the Galley Hill Bridge into Lincoln Road.
Take the second turning on the left into Northwood Drive and the property is located at the head of the cul-de-sac as indicated by our 'For Sale' board.
Lounge: (4.50m (14'9") x 3.48m (11'5")) Dining Kitchen: (4.29m (14'1") x 3.76m (12'4") max) Bedroom 1: (4.09m (13'5") x 3.28m (10'9")) Bedroom 2: (3.66m (12'0") x 3.00m (9'10")) Shower Room: (2.39m (7'10") x 1.63m (5'4")) Outside: The tandem drive is laid to concrete and approaches the Single Attached Garage 5.00m (16'5") x 2.44m (8'0") having manual up and over door, power points and lighting.
The remainder of the front garden is laid mostly to lawn with a decorative border on the other side of the drive.
A path leads to the Rear Garden which is laid mostly to lawn with several mature trees and shrubs and a patio area, all partially enclosed by timber fencing, and cold water tap is fitted.
Further Aspect: Council Tax Band C. Nb These are draft particulars awaiting the vendor's final approval.
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
Agent & docs
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FAQ
About 16, Northwood Drive, Sleaford
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