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South Rauceby, Sleaford, NG34

East Midlands

£1,500,000
Listed on 05/01/2026

Property Details

Bedrooms
7
Type
Detached house

Description

Millfield House is an impressive six-bedroom country estate set within approximately 3.6 acres of landscaped grounds, accessed via a private gated tree-lined driveway that enhances its exclusive charm. While the property boasts substantial amenities including an indoor swimming pool and tennis court, it also presents significant potential for renovation or reconfiguration, whether as a luxurious family residence or a unique event venue, pending relevant planning permissions. Upon entering, you'll find a grand entrance hall adorned with original oak paneling and a striking oak staircase alongside an inviting open fire. The spacious drawing room benefits from large sash windows that invite natural light and features a multi-fuel burner for added warmth. The dining room, complete with a carved wooden fireplace, overlooks the gardens, providing an ideal backdrop for entertaining. An additional living room offers a cozy retreat, while the kitchen diner is generously sized, featuring a central island along with a utility room and pantry equipped with a water softener. The main floor also comprises a substantial study suited for remote work and two convenient WCs plus a shower room. The upper level houses six ample bedrooms; the master suite enjoys stunning garden views through large sash windows and includes built-in wardrobes and an en-suite bathroom with double vanities, bath, and walk-in shower. Three other bedrooms also offer en-suites while two family bathrooms cater to the remaining rooms. A standout feature is the self-contained one-bedroom annex that has its own entrance as well as access from the main house—perfect for accommodating guests or staff members. The expansive gardens include a sun terrace ideal for outdoor dining, alongside recreational facilities such as the indoor pool and tennis court which enhance leisure options. Secure gated entry ensures privacy while ample parking space accommodates multiple vehicles. While Millfield House possesses inherent character and elegance in its serene rural setting, it requires modernizing internally—an exciting opportunity for buyers looking to personalize their dream home.

Investment Analysis

(NG34 area)
Area Average
£236/sq ft
Avg Rent (weekly)
£204
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
50
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (NG34)

Area prices are rising by +5.8% over the last 12 months
3 year growth: 2.9%
5 year growth: 18.1%
Investment Disclaimer: Analysis based on NG34 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

South Rauceby, Sleaford, NG34
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£5,495
Based on a loan of £1,125,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE