2-bedroom house · NG33 5QB
For saleListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ivy cottage was built in the 1700's and simply oozes charm with lots of original features including fireplaces and beamed ceilings.
The well proportioned reception room measures 19'11 x 11'11 and is the perfect place to kick back and unwind after a long day. Upstairs are two bedrooms and a brand new shower room.
Outside to the rear is a private and secluded garden, covered by a pergola and mature plants, another space is located to the side.
The cottage is situated in the popular village of South Witham which has good local amenities, The A1 is also close to the village which makes the lovely market towns of Stamford and Oakham easily accessible.
Grantham is only a twenty-minute drive to the train station with regular trains to Kings Cross London in just over an hour, as well as many other city destinations.
Reception Room 19' 11'' x 11' 11'' (6.07m x 3.63m) Beamed ceiling, double glazed window to front and rear, stable door to rear. brick built fireplace and surround, three reception.
Kitchen 10' 6'' x 5' 7'' (3.20m x 1.70m) Beamed ceiling, double glazed window to side, range of matching wall and base units, work surfaces, sink/drainer, built in oven and hob, radiator.
Landing Double glazed window to front. Rear & Side Garden Covered by a large pergola, small pond, patio.
Disclaimer 1 We have not tested the services or any equipment including appliances in this property.
2 Although these particulars are believed to be correct and have been verified by, or on behalf of the Vendor, any interested party must satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features, or facilities which is of specific importance to them.
Sizes and distances are only approximate and unless otherwise stated. Fixtures contents and fittings are not included in the sale.
Prospective purchasers are always advised to have a full survey carried out of the Property.
3 In order to comply with the Money Laundering Regulations, all prospective purchasers must prove their identity by providing us with the relevant documentation.
Bedroom One Two double glazed windows to rear, built in cupboard, radiator. Bedroom Two Double glazed window to rear, airing cupboard, radiator.
Shower Room Double glazed window to rear, corner shower, pedestal wash hand basin, low level WC. DICLAIMER 1.
MONEY LAUNDERING REGULATIONS: Details of any prospective purchasers will be passed to CREDAS.
CREDAS is the chosen company used by Lifestyle by Coral James Limited that will carry out the necessary Anti Money Laundering Regulation checks.
This will involve verifying your identification documentation and your proof and source of funds. Your co-operation in this matter will prevent a delay in agreeing the sale.
A charge of £30 per applicant purchasing will be made for this service. 2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact our office and we will be pleased to check the position for you.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in...
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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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
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FAQ
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