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See how verdicts work4-bedroom house · NG34 8AJ
For saleReduced £10k (−2.9%) on 10 OctListed 138 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Rarely do properties of this nature become available.
Occupying a substantial plot within the highly desirable North Parade estate, this exceptional detached home offers a unique opportunity in one of the area's most sought-after locations.
Extended over the years and complemented by a detached one-bedroom annex situated at the foot of the garden, the property provides outstanding flexibility for families, multi-generational living, home working or potential business use.
The main residence is entered via a generous entrance hall which immediately sets the tone for the space on offer.
The heart of the home is the impressive lounge diner, a character-filled room featuring exposed ceiling beams, a striking fireplace with log-burning stove and bay windows to both the front and rear elevations, creating a wonderfully bright and welcoming living space.
The kitchen is fitted with a range of units and benefits from a breakfast bar, integrated oven and electric hob.
A door provides access to the side driveway and rear garden, whilst a separate utility room offers space for a washing machine and tumble dryer, together with a useful storage cupboard.
To the first floor are three genuine double bedrooms. The principal bedroom benefits from fitted wardrobes, a bay window and a modern three-piece en suite shower room.
Bedroom two enjoys attractive views over the rear garden and open countryside beyond from its bay window and also benefits from fitted wardrobes.
Bedroom three is another excellent-sized double room with fitted storage. Completing the accommodation is a well-appointed three-piece family bathroom with shower.
The detached annex is a significant feature of the property and offers tremendous flexibility.
Constructed in 1996, it has previously operated successfully as an Airbnb and has also benefitted from planning permission for business use.
The accommodation comprises a spacious reception room with plumbing in place, a double bedroom, shower room and separate WC.
French doors from both the reception room and bedroom open onto a private seating area to the rear, creating an independent and secluded living space.
Prospective purchasers considering business use should note that parking must be accommodated within the property's driveway and not on the road. Externally, the property continues to impress.
Extensive parking is available to both sides of the house, with gated access leading to the beautifully landscaped rear garden.
Designed to provide year-round enjoyment, the garden features a large patio seating area, a second entertaining space beneath a pergola and a generous lawn surrounded by mature flowers and shrubbery.
Two timber sheds provide useful storage, whilst alongside the annex there is space for two greenhouses.
The entire garden enjoys a high degree of privacy and is wonderfully non-overlooked, creating a peaceful retreat rarely found within such a popular residential location.
Combining generous family accommodation, a substantial plot, extensive parking and the added benefit of a detached annex, this truly unique North Parade home represents a rare opportunity in one of the area's most sought-after locations.
Viewing is considered essential to fully appreciate the versatility, character and lifestyle on offer.
Entrance Hall Lounge Diner (6.69m x 3.83m (21'11" x 12'7")) Kitchen (4.64m x 2.49m (15'3" x 8'2")) Utility Room (1.59m x 1.69m (5'3" x 5'7")) Landing Bedroom One (3.09m x 3.66m (10'2" x 12'0")) En Suite (2.13m x 2.52m (7'0" x 8'3")) Bedroom Two (3.35m x 3.62m (11'0" x 11'11")) Bedroom Three (3.71m x 2.5m (12'2" x 8'2")) Family Bathroom Annex Lounge/Reception Room (5.49m x 6.84m (18'0" x 22'5")) Annex Bedroom (3.56m x 3.56m (11'8" x 11'8")) Annex Shower Room (1.85m x 2.23m (6'1" x 7'4")) Annex WC Agents Note 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.
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FAQ
About 113, North Parade, Sleaford
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