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See how verdicts work4-bedroom detached house · NG34 0RL
Listing removedListed 63 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent refurbishment or redevelopment opportunity offered for sale with no onward chain.
This four bedroom family home stands in a plot of x acres together with brick-built stables, disused manege and further x acre paddock just a short walk away.
The property is quite spacious having some xx sqft of accommodation that is quite versatile and affords potential to modernise, reconfigure or extend to suite a buyer's requirements.
Alternatively, the site could be re developed subject to relevant consents. It is a superb location just outside the village surrounded by farmland but still convenient for amenities in the village.
It briefly comprises Outside the property is approached over a shared driveway with access to the paddock at the top and then leading down to the house itself at the bottom.
The grounds to the house include gardens mainly to the south side (rear) which overlook adjacent farmland.
On the north side (front) is the disused manege which could be re furbished, renewed or re purposed to an alternative use. Adjacent to this are the brick-built stables including xx stables.
These again offer potential for alternative uses if required.
A short walk up the drive is access on to the additional paddock extending to some x acres Agent Note: The property is serviced by a septic tank; the vendor has confirmed the septic tank does not meet the current ”Septic Tank and Sewage Treatment Plant Regulations & General Binding Rules”.
Pygott & Crone have made no further enquires, and all buyers will need to make their own investigations.
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
Agent & docs
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FAQ
About Millfield Cottage, Hale Road, Sleaford
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