Bungalow · NG34 0SB
For saleListed 259 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GROUND FLOOR ACCOMMODATION Front door opening to spacious Entrance Hallway: Radiator, access to roof storage space, built in storage cupboard.
INNER HALLWAY From the main bungalow and living accommodation there is a long corridor leading to the former swimming pool and annexe. Inset ceiling spot lights, access to roof storage space.
KITCHEN/BREAKFAST ROOM 13' 10" x 13' 11" (4.22m x 4.24m) Fitted wall mounted and floor standing wooden fronted cupboards with complimentary worktops and splash back tiling, inset one and a quarter bowl polycarbonate sink and drainer with mixer tap, space and plumbing under worktop for dishwasher, four ring ceramic hob with extractor canopy over, eye level double electric, radiator.
LOUNGE 15' 10" max x 22' 10" (4.83m x 6.96m) Open fire place with KIRKSTONE green slate surround, three wall light points, two radiators, TV point. DINING ROOM 15' 5" x 9' 11" (4.7m x 3.02m) Radiator.
KITCHENETTE/LOUNGE 25' 9" x 15' 7" (7.85m x 4.75m) Fitted floor standing light wood effect cupboards with complimentary work tops, ceramic floor tiles, French Door opening to side garden.
UTILITY ROOM 8' 8" x 9' 10" (2.64m x 3m) Fitted floor standing cupboards, worktop, inset stainless steel sink and drainer, space and plumbing under worktop for washing machine, space for tumble dryer, space for fridge/freezer, radiator, part glazed door to outside.
CLOAKROOM Low level WC, wash hand basin, complimentary splash back tiling, radiator, FAMILY ROOM 10' 0" x 10' 10" (3.05m x 3.3m) Built in floor to ceiling storage cupboards to one wall, one wall light point, radiator.
STUDY 8' 6" x 14' 6" (2.59m x 4.42m) Radiator. BEDROOM 1 16' 1" x 17' 9" (4.9m x 5.41m) Centre ceiling light and fan, radiator, window to rear and side.
FAMILY BATHROOM 9' 10" x 10' 5" (3m x 3.18m) Corner bath, wash hand basin with vanity cupboard under, corner shower cubicle, complimentary splash back tiling, radiator, airing cupboard housing hot water tank and shelving, electric shaver point and light.
SECOND FAMILY BATHROOM 8' 9" x 8' 4" (2.67m x 2.54m) Step up to panelled bath, wash hand basin with vanity cupboard under, separate shower cubicle, fully tiled walls, radiator, electric shaver point and light.
CLOAKROOM 2 Low level WC, wall mounted wash hand basin, complimentary splash back tiling, radiator. BEDROOM 2 13' 4" x 10' 0" (4.06m x 3.05m) Built in wardrobe, radiator, window to side.
BEDROOM 3 8' 9" x 16' 9" (2.67m x 5.11m) Laminate flooring, radiator, window to side. BEDROOM 4 9' 1" x 16' 5" (2.77m x 5m) Radiator, window to rear.
FORMER POOL ROOM 42' 3" x 25' 10" (12.88m x 7.87m) The former swimming pool has been drained and covered by hard flooring and carpet. This could be re-instated if required.
There is a log burning stove, three wall light points, inset ceiling spot lights and a domed polycarbonate skylight roof. This room is part laid to ceramic floor tiles and part carpeted.
There is an alcove measuring 8'7" x 7'9" which houses a hot tub and cover which is also included in the sale. Three sets of double opening French doors lead to outside.
A door from the pool room leads to the kitchenette and lounge area.
BOILER/STORE ROOM 12' 6" x 15' 3" (3.81m x 4.65m) Floor standing oil central heating boiler which services the main house and a calour gas boiler which services the shower and changing rooms and providers hot water to the annexe.
A very large storage room ideal for another fridge and freezer.
POOL CHANGING & SHOWER ROOM Enclosed shower cubicle with glass door, ceramic floor tiles, sink and drainer with mixer tap, fitted wall mounted and floor standing light wood effect cupboards, space and plumbing for automatic washing machine, inset ceiling spot lights, chrome heated ladder towel rail.
Separate Cloakroom: Low level WC, wall mounted wash hand basin, ceramic floor tiles radiator, extractor fan.
EXTERNALLY GARDEN The rear garden measures approximately 1.95 acres and is mostly laid to a large lawn with a wealth of mature trees and shrubs.
There is a large pond and the most breath taking views across the paddocks and the Lincolnshire countryside.
The front garden benefits from a large gravelled driveway with ample parking for several cars and leading to a single garage.
There are two paddocks included with the bungalow the first paddock on the west side measures approximately 3.55 acres and is laid to pasture.
There are 40 solar panels at the rear of the paddock which generate an approximate income of £6200 per annum.
The second paddock on the east side of the bungalow measures approximately 9.14 acres and is also laid to pasture. The paddocks are perfect for anyone wanting to keep horses etc.
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.
Area
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FAQ
About Folkingham, SLEAFORD, Lincolnshire
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