4-bedroom bungalow · NG34 7LU
Sold STCListed 40 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with no onward chain is this excellent refurbishment/redevelopment opportunity enjoying a delightful position in this small, established cul de sac off the popular Ancaster Drive area.
The property has quite extensive and versatile accommodation of some 1,450 sqft overall including integral store but would lend itself to being re configured or extended subject to relevant consents.
There is also potential if required to create an annexe. It does feature gas fired central heating and UPVC double glazing.
Another feature is the large rear garden although currently overgrown but again offering immense potential.
It currently comprises entrance hall, study, kitchen, sitting room, dining room, family room / 4th double bedroom, adjoining integral store, further store, ground floor double bedroom and bathroom.
To the first floor are two double bedrooms one with an en-suite shower room.
Outside a driveway provides off street parking with a small front garden whilst the main is to the rear being quite large, south facing and private.
Entrance Hall Dining Room 3.41m x 3.36m - 11'2” x 11'0” Sitting/Dinining Room 4.39m x 3.67m - 14'5” x 12'0” Study/Office 3.26m x 2.27m - 10'8” x 7'5” Kitchen 3.32m x 2.55m - 10'11” x 8'4” Bathroom 2.55m x 2.08m - 8'4” x 6'10” Bedroom 3 3.61m x 3.43m - 11'10” x 11'3” Bedroom 4/Family Room 4.42m x 3.67m - 14'6” x 12'0” First Floor Landing Bedroom 1 3.72m x 3.72m - 12'2” x 12'2” En-Suite 1.91m x 1.91m - 6'3” x 6'3” Bedroom 2 3.93m x 3.33m - 12'11” x 10'11” Outside Store 1 2.57m x 2.49m - 8'5” x 8'2” Store 2 2.49m x 1.87m - 8'2” x 6'2”
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 18, Clinton Drive, Sleaford
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