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See how verdicts work3-bedroom bungalow · NG34 8QF
Listing removedListed 111 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fully renovated and extended Three Bedroom Detached Bungalow offering almost 1700sq ft of living space and situated on a much larger than average plot of approximately 0.38 acres (subject to survey).
The property has been fully renovated by the current owners and offers spacious accommodation which benefits from Oil Central Heating, Double Glazing and Cavity Wall and Internal Insulation to most of the external walls.
The full accommodation comprises Entrance Hall, 35'7 Open Living Kitchen Area, Garden Room, Utility Room, Three Double Bedrooms with Dressing Room and En-Suite to the master bedroom, and Family Bathroom.
To the front of the property is a large driveway providing Ample Off Road Parking and approaches an Integral Double Garage, with the remainder of the front garden having two good sized lawn areas.
The Rear Garden is West facing and particularly private and offers a particularly sheltered retreat.
This is an opportunity to secure a good size bungalow in spacious grounds which is presented to the highest of standards and therefore, early viewing is strongly recommended.
Directions: Travelling from Sleaford on the A153 towards Grantham, after the roundabout and level crossing turn right towards South Rauceby.
Turn right into Southgate Spinneys where the property is indicated by our 'For Sale' board.
A double glazed composite entrance door provides access to the Entrance Hall having coved ceiling, tall radiator, smoke alarm and loft access.
Living Kitchen Area: (10.85m (35'7") x 3.56m (11'8")) Lounge Area: Having coved ceiling and patio doors to the rear garden.
Dining Area: Having three pendant light fittings, coved ceiling, smoke alarm and radiator.
Kitchen Area: Having a range of matching wall and base units with Quartz worktops over, double bowl inset sink with mixer tap, Neff double eye level fan oven, Neff eye level microwave/combi oven, island with Miele six ring induction hob and stainless steel cooker hood over, tiled splashbacks, space and plumbing for dishwasher, space for fridge freezer and ceiling downlighters.
Garden Room: (4.60m (15'1") x 4.11m (13'6")) Having sliding patio doors to the rear garden and radiator.
Utility Room: (4.95m (16'3") x 1.75m (5'9")) Having a range of matching wall and base units with worktop over, single drainer inset sink with mixer tap space and plumbing for washing machine, space for condensing tumble dryer, space for under counter freezer, bow window, ceiling downlighters, tiled splashbacks, radiator and rear entrance door.
Bedroom 1: (4.17m (13'8") x 3.51m (11'6") max) Having French doors to the rear garden. Dressing Area: 1.73m (5'8") x 1.73m (5'8") Having radiator.
Wet Room Style En-Suite: (2.90m (9'6") x 1.55m (5'1")) Having close coupled w.c, vanity hand washbasin with mixer tap, mains fed shower, shaver point, towel radiator and extractor fan.
Bedroom 2: (3.58m (11'9") x 3.10m (10'2")) Having radiator. Bedroom 3: (3.10m (10'2") x 2.59m (8'6")) Having radiator.
Bathroom: (2.90m (9'6") x 2.01m (6'7")) Having airing cupboard, close coupled w.c, vanity hand washbasin with mixer tap, large bath with mixer tap and mains fed shower over with shower screen, ceiling downlighters, extractor fan and towel radiator.
Outside: A large drive provides more than Ample Parking and approaches the Integral Double Garage 7.44m (24'5") x 5.05m (16'7") max, having two manual up and over doors, power points, lighting, loft storage and personal door to the rear garden.
The garden to the front is laid mostly to lawn with a variety of shrubs and hedging.
A gate provides access to the Rear Garden which is laid mostly to lawn with a large patio, paved path, a number of large well stocked borders, and a variety of shrubs, hedges and mature trees.
A Summer House and Greenhouse are included and a cold water tap is fitted. The garden is enclosed by timber fencing. Further Front Aspect: Council Tax Band E.
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 23, Southgate Spinneys, South Rauceby
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