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See how verdicts work2-bedroom bungalow · LN4 4EL
Listing removedListed 586 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious detached bungalow could be used as a two/three bedroom property depending on configuration.
Currently used as a Two Bedroom property but with two large reception rooms that could be utilised as a three bed with one Living Room.
The 1200 Sq Ft of living space comprises an entrance hallway, Living Room, Kitchen Diner, 22 ft Family Room with underfloor heating overlooking the rear garden, Two Double Bedrooms, Family Bathroom, Rear Hallway, integral access through to the single garage and a separate cloakroom with wc.
The property benefits from oil fired central heating, Upvc double glazing and driveway providing off road parking.
Rear gardens are south and west facing providing a lovely sunny outside space and extra storage with a timber shed and summer house. Mains Electric, water and drainage.
Tenure is free hold with vacant possession upon completion. A 4KW Solar panel installation and a 5.2KW battery cover virtually 100% of the properties electric usage. EPC rating: D.
Tenure: Freehold, Entrance Hallway A spacious Entrance Hallway with coving and access to the roof space and part glazed Upvc front entrance door.
Living Room 4.75m x 3.76m (15'7" x 12'4") With a Upvc double glazed window to the front elevation, flame effect gas fire with marble hearth, timber mantlepiece and coving.
Kitchen Diner 3.89m x 3.67m (12'9" x 12'0") A spacious kitchen diner looking through to the family room, the kitchen offers a good range of base and wall units with complementary rolled edge worksurface, tiled splashbacks, tiled flooring, one and a half bowl sink with single drainer and mixer tap, four ring ceramic hob, integral oven, integral microwave, coving and ceiling spotlights.
Rear Hallway A full glazed door gives access through to the rear hallway with ceramic tiled flooring and doors off to garage and cloakroom.
A further fully glazed door gives access to the Family Room.
Cloakroom 1.96m x 1.83m (6'5" x 6'0") With a close coupled wc, hand washbasin with cupboard beneath, Upvc doulble glazed window to the side elevation, coving, built in storage cupboard with shelving and ceramic tiled flooring Garage 5m x 2.92m (16'5" x 9'7") Single integral garage with metal up and over door, Upvc double glazed window to the side elevation, power, lighting, a built in cupboard houses the oil fired central heating boiler.
Family Room 6.61m x 3.49m (21'8" x 11'5") A lovely light and spacious room added in 2024 by the current vendors, with a Upvc double glazed door giving access to the rear garden, Upvc double glazed windows and underfloor heating.
Bedroom one 3.76m x 3.6m (12'4" x 11'10") Upvc double Glazed window to the front elevation and coving Bedroom two 3.68m x 3.33m (12'1" x 10'11") Upvc double Glazed window to the rear elevation and coving Bathroom 2.5m x 2.46m (8'2" x 8'1") Offering a panelled bath with mixer tap and a mains fed internal shower with concertina shower screen, wash handbasin with cupboards beneath, low level wc with concealed cistern, heated towel radiator, coving, vinyl floor covering, Upvc double glazed window to rear elevation, partially tiled walls, airing cupboard with pre insulated hot water cylinder and shelving.
Front Garden Off road parking on a tarmacadam driveway which gives access to the single attached garage, The remainder of the front garden is laid with gravel for low maintenance and is enclosed with a brick dwarf wall.
Rear Garden South and west facing garden, enclosed with timber fencing the rear garden is mainly laid to lawn with a summer house and shed.
Location Billinghay is a popular village located just off the A153, the Sleaford to Skegness Road.
It offers a range of amenities, including a primary school, Co-op store, public houses, and tennis courts.
Catering to most day-to-day needs, the village is also ideally situated for forces accommodation, with RAF Coningsby, RAF Digby, and RAF Cranwell nearby.
The larger towns of Boston and Sleaford are within easy reach, and the university city of Lincoln is just 16 miles away. Agents Note These are draft particulars awaiting vendor approval.
These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither Newton Fallowell nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
Financial Services As part of our continued commitment to providing the best advice to all our clients we work closely with Mortgage Advice Bureau & part of our guaranteed commitment to our vendors is to establish the financial position of any offer received on their home.
Whilst we offer FREE mortgage advice from any stage of the buying or selling process, we operate a mandatory qualification process on all offers prior to submission of any offer to our vendors.
The mortgage advice bureau is regulated by the financial ombudsman and operate on an independent basis within our premises at 27 Southgate, Sleaford, NG34 7SY.
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 advisers 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
Agent & docs

FAQ
About 4, Carres Square
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