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See how verdicts work2-bedroom terraced house · NG34 0QS
For saleReduced £8k (−10.3%) on 21 OctListed 326 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale on a 55% shared ownership basis, this well-presented two double bedroom terraced home is located in the popular village of Billingborough and represents an excellent opportunity for first-time buyers.
The property benefits from two allocated parking spaces and a south-facing rear garden, while the internal accommodation includes an entrance hall, lounge, kitchen/diner, two double bedrooms and a family bathroom.
The lease has recently been extended to 115 years, with the remaining 45% share rented through ncha at £308.36 per month, plus a service charge of £21.07 per month.
A desirable and affordable home in a well-served village—early viewing is recommended. EPC rating: D.
Entrance Hall With part glazed Entrance door, further door leading to hall with stairs to 1st floor and electric heater.
Lounge (3.85m x 2.83m (12'8" x 9'3")) With electric heater, TV and BT point, window to front aspect.
Kitchen Diner (2.78m x 4.82m (9'1" x 15'10")) A range of base and eye level units with work surface over, sink with drainer, space for freestanding oven, space and plumbing for washing machine, space for freestanding fridge freezer, two windows and part glazed door to rear garden.
Landing With stairs taken from Entrance hall and access to loft space. Bedroom One (2.82m x 3.74m (9'3" x 12'3")) With storage cupboard over stairs, window to front aspect and electric heater.
Bedroom Two (3.81m x 2.73m (12'6" x 8'11")) With built in wardrobe, window to rear aspect and electric heater.
Bathroom Three piece suite comprising bath, wc, hand wash basin, storage cupboard and window to rear aspect. Outside To front with pathway to front door, further area laid to lawn with wall to front.
The south facing rear garden offering a generous sized patio area, small area laid to lawn, driveway with double gated access, timber shed and outside tap.
Agents Note The lease has recently been extended to 115 years, with the remaining 45% share rented through ncha at £308.36 per month, plus a service charge of £21.07 per month.
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 41a, Birthorpe Road, Billingborough
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