3-bedroom bungalow · NG34 8LQ
Listing removedListed 281 days
Opportunity summary
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About
A spacious Three Bedroom Detached Bungalow located in this well established and quiet residential area, and offered to the market with No Forward Chain.
The property is in need of some cosmetic updating, however, benefits from Gas Central Heating, Double Glazing and solar panels to both sides of the roof space, which are owned.
The full accommodation comprises Entrance Hall, 21'4 x 17'1 Lounge Diner, Kitchen, Three Bedrooms and Family Bathroom.
Outside, a low maintenance rubberised drive provides Parking for several vehicles and leads to the Attached Single Garage, and the rear garden is East facing, fully enclosed and particularly private as is not overlooked.
Location: Leasingham is a popular village with facilities including a primary school, village hall, local store/Post Office, pub and farm shop with cafe.
It is located close to Sleaford with amenities to cater for most day to day needs including schools, doctor’s surgery, library and rail links to surrounding areas including Grantham with an Intercity rail connection to London Kings Cross.
Directions: From our office, head North and proceed over the Tesco traffic lights and continue over the Galley Hill Bridge into Lincoln Road, and proceed to the Holdingham roundabout, Take the third exit signposted to Lincoln and take the first turning on the right into Leasingham.
Take the third turning on the left into Washdyke Lane and take the first tuning on the right into Wansbeck Road.
Follow the road as it bears to the left and continue into Russell Road where the property is located on the right hand side as indicated by our 'For Sale' board.
Lounge Diner: (6.50m (21'4") x 3.68m (12'1")) Kitchen: (3.68m (12'1") x 2.64m (8'8")) Bedroom 1: (3.51m (11'6") x 3.25m (10'8")) Bedroom 2: (3.51m (11'6") x 2.67m (8'9")) Bedroom 3/Dining Room: (3.51m (11'6") x 1.93m (6'4")) Family Bathroom: (1.68m (5'6") x 2.06m (6'9")) Outside: A tandem drive provides Ample Off Road Parking and approaches the Single Attached Garage 4.95m (16'3") x 2.59m (8'6") having manual up and over door, light and power points, wall mounted gas central heating boiler and personal door to the lobby area.
The remainder of the front garden is laid to lawn with decorative and well stocked borders and is partly enclosed.
A wrought iron gate provides access to the Rear Garden which has been landscaped and has a large patio area, large decking area, gravelled area and small artificial lawn, all enclosed by a combination of timber fencing and brick walling.
A cold water tap is fitted to the front of the property. Agent's Note: The solar panels are owned and are included in the sale of the property. Council Tax Band B.
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
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FAQ
About 8, Russell Road, Leasingham
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