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Long Lane, Brauncewell

East Midlands

£400,000
Listed on 30/03/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1271 sqft

Description

Nestled in the charming hamlet of Brauncewell, this 3-bedroom character cottage presents a unique opportunity for renovation and investment. The property boasts picturesque countryside views and is conveniently located near RAF Cranwell, making it an attractive option for families and potential renters alike. The ground floor features a welcoming entrance hall leading to a spacious lounge equipped with a traditional open fireplace, perfect for cozy evenings. Adjacent to the lounge is a generous kitchen and dining area, which includes essential appliances and ample storage. The layout provides a solid foundation for modern updates or expansion, subject to planning permission. A practical shower room is situated on the ground floor alongside additional facilities, including a utility room that offers laundry space and storage options. The rear lobby provides access to the outdoor area, enhancing the property's functional flow. Upstairs, the first floor accommodates three well-sized bedrooms, each benefiting from natural light through double-glazed windows. The family bathroom includes essential fixtures and could be refreshed to meet contemporary standards. Outside, the sizable garden offers exciting potential for further development or landscaping improvements while providing a pleasant green space. A driveway leads to a large single garage, adding convenience for residents. This property is offered with no onward chain and represents an excellent opportunity for those looking to invest in rural charm with future growth potential. With its favorable location between Leadenham and Sleaford, this cottage holds promise as both a family home and an investment project.

Investment Analysis

(LN5 area)

Above Market Value

This property is priced +49.1% above area average per sq ft

+49.1%
This Property
£315/sq ft
Area Average
£211/sq ft
Avg Rent (weekly)
£189
Avg Yield
4.2%

Renovation Potential

Est. Renovation Cost
£40,000 - £100,000
10-25% of property value
Target Value
£295,139
10% above area average per sq ft
Potential ROI
-41.0%
After renovation
Monthly Sales
24
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (LN5)

Area prices are rising by +5.4% over the last 12 months
3 year growth: 1.9%
5 year growth: 8.4%
Investment Disclaimer: Analysis based on LN5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Long Lane, Brauncewell
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