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See how verdicts work3-bedroom bungalow · NG34 8GQ
Listing removedListed 223 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to purchase an ex Chanceoption built bungalow located at the head of this cul-de-sac and having more than Ample Parking, a Good Sized Garage and Private South Facing Rear Garden.
The bungalow is offered to the market with NO FORWARD CHAIN and is located within walking distance of the centre of the village.
The property is Double Glazed and benefits from Gas Central Heating and the full accommodation comprises Entrance Hall, Good Sized Lounge, Dining Kitchen with Dining Room off, Conservatory, Three Bedrooms with En-Suite to the master bedroom, and Family Bathroom.
The loft has been fitted out as a loft room/hobby room with power and lighting and has a ladder.
A drive to the side of the property provides Parking for a number of vehicles or caravan parking and the enclosed rear garden forms a particularly private retreat.
Early viewing of this property is highly recommended. Directions: Travelling from Sleaford on the A15 towards Lincoln, turn right towards the village and enter Moor Lane.
Follow this road as it bears to the left and at the next junction continue straight ahead into Washdyke Lane. Follow this road as it enters Lincoln Road and after the pub, turn right into Chapel Lane.
Continue straight ahead into The Lea and turn left into The Maltings where the property is located at the head of the cu-de-sac on the left hand side.
Lounge: 5.41m (17'9") x 1.73m (5'8") extending to 3.96m (13'0") Dining Kitchen: 5.00m (16'5") x 2.82m (9'3") Dining Room: 3.17m (10'5") x 2.67m (8'9") Conservatory: 4.50m (14'9") x 2.97m (9'9") Bedroom 1: 3.86m (12'8") x 2.92m (9'7") Bedroom 2: 2.95m (9'8") x 2.54m (8'4") Bedroom 3: 2.95m (9'8") x 2.54m (8'4") Outside: The garden to the front of the property is laid mostly to lawn and a good sized drive to the side approaches the Detached Garage 5.71m (18'9") x 3.05m (10'0") having up and over door, light and power points, loft storage and a side door to the rear garden.
A cold water tap is fitted to this area.
The South Facing Rear Garden is fully enclosed and particularly private and sheltered, and has a patio area, lawn, borders, low maintenance gravelled areas and a Shed with power is included.
Aerial View of Front: Council Tax Band C NB These are draft particulars awaiting the vendors' 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.
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About The Maltings, Leasingham
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