3-bedroom detached house · NG34 7LT
Listing removedReduced £15k (−4.6%) on 21 JunListed 281 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set on a generous corner plot in one of Sleaford's most convenient and sought after residential locations, this three-bedroom detached home presents an exciting opportunity for buyers seeking a property to modernise and add value.
The house is within easy walking distance of local shops, schools and the train station, making it ideal for families, and developers alike.
The accommodation is notably spacious and versatile, comprising an entrance porch and hall, a large dual-aspect lounge, separate dining room, kitchen, utility room, WC and an additional reception room that can be used for a variety of uses.
Upstairs are three genuine double bedrooms and a family bathroom.
While the property has been well maintained, it would now benefit from cosmetic and general updating, allowing a new owner to tailor the interior to their own taste and requirements.
The accommodation extends to some 1352 sqft. Externally, the home enjoys a driveway, garage and a particularly large enclosed garden.
Of special note, part of the garden has previously benefited from planning permission for a detached dwelling, offering potential for redevelopment or future investment (subject to any necessary consents).
The property is offered with no onward chain, further enhancing its appeal as a straightforward purchase.
Agent's note: There is a restrictive covenant on the title to the property that to develop the garden as a building plot would require permission from The Bristol Estate.
Entrance Hall Lounge 5.28m x 3.64m - 17'4” x 11'11” Dining Room 4.69m x 2.74m - 15'5” x 8'12” Kitchen 5.12m x 2.97m - 16'10” x 9'9” Utility 2.12m x 1.85m - 6'11” x 6'1” Lobby WC 1.54m x 1.02m - 5'1” x 3'4” Further Utility 3.68m x 1.49m - 12'1” x 4'11” Garage 5.11m x 4.03m - 16'9” x 13'3” First Floor Landing Bedroom 1 5.31m x 3.63m - 17'5” x 11'11” Bedroom 2 4.3m x 3m - 14'1” x 9'10” Bedroom 3 4.54m x 2.72m - 14'11” x 8'11” Bathroom 2.94m x 1.83m - 9'8” x 6'0”
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 1, Hervey Road, Sleaford
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