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South Rauceby, Sleaford, NG34

East Midlands

£1,500,000
Listed on 13/10/2024

Property Details

Bedrooms
7
Type
Detached house

Description

This expansive property features seven bedrooms and presents a unique opportunity for renovation and investment. Situated on approximately 3.6 acres of beautifully landscaped gardens, the estate is accessed via a private, gated tree-lined driveway that enhances its sense of privacy and seclusion. The entrance greets you with impressive original oak paneling and a grand staircase, setting the tone for the character-filled home. The drawing room is bathed in natural light from large sash windows and features a multi-fuel burner, creating a comfortable atmosphere. Adjacent to this is an elegant dining room with views overlooking the gardens, ideal for entertaining guests, while an intimate living room offers a cozy retreat. A spacious kitchen diner includes a central island, utility room, and pantry equipped with modern convenience like a water softener. The main floor also comprises a sizeable study—perfect for those working from home—as well as two downstairs WCs and a shower room with laundry facilities. On the upper level, you'll find six generously sized bedrooms, including a master suite that boasts expansive garden views, built-in wardrobes, and an en-suite bathroom featuring double basins and both a bath and walk-in shower. Three additional bedrooms include their own en-suites, complemented by two family bathrooms. Adding to the versatility of this property is a self-contained one-bedroom annex accessible through both the main house or its own entrance. This space includes its own kitchen, lounge, bedroom, and bathroom—providing options for guest accommodation or independent living arrangements. Outdoor amenities are abundant here; enjoy leisure time by the indoor swimming pool or on the tennis court. A sun terrace makes for an inviting space to dine al fresco amidst lush surroundings. With ample parking available behind secure gates, privacy is assured. While Millfield House exudes charm and potential in its current state, it does require some internal modernization—an excellent opportunity for buyers looking to personalize their new home or invest in renovations that could significantly increase value over time. The property’s blend of character and adaptable spaces makes it suitable not only as an opulent family residence but also as a possible venue for retreats or events (subject to planning permissions). This combination of features positions Millfield House as a distinctive option within the market.

Investment Analysis

(NG34 area)
Area Average
£235/sq ft
Avg Rent (weekly)
£214
Avg Yield
4.1%
Monthly Sales
37
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (NG34)

Area prices are rising by +3.8% over the last 12 months
3 year growth: 2.8%
5 year growth: 21.0%
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.

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Location

South Rauceby, Sleaford, NG34
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