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Buttler Way, Sleaford

East Midlands

£120,000
Listed on 12/03/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
980 sqft

Description

This three-bedroom mid-terrace house presents a promising opportunity for investors and first-time buyers alike, situated conveniently in the center of Sleaford, just a five-minute walk from local shops and essential amenities. While the property requires some internal modernization, it offers spacious rooms and a flexible layout that can be enhanced to suit various needs. Upon entering, the small entrance leads into a hallway with stairs to the first floor. The living room is generously sized, featuring a fireplace and large window that allows for ample natural light. Adjacent to this is the kitchen/diner, which includes wall and base units with laminate worktops and space for essential appliances. The area flows into a lean-to garden room that adds further potential for use as an additional living space or utility area. Upstairs, you will find two double bedrooms and one single bedroom, each with their own character and potential for reconfiguration or updates. The main bathroom currently requires renovation but offers a good-sized footprint that can be transformed to meet modern standards. Externally, the property features a manageable front garden bordered by a dwarf wall, while the rear garden includes patches of lawn along with paved areas ideal for outdoor gatherings. Notably, the house benefits from 13 solar panels on the roof which contribute to reduced electricity costs—an attractive feature for long-term energy savings. With gas central heating and UPVC double glazing in place already, this home provides a solid foundation. Investing in renovations here could yield significant returns as you create a personalized space in a desirable location. This property not only represents an opportunity to add value through modernization but also situates you within an engaged community with easy access to everyday necessities.

Investment Analysis

(NG34 area)

Below Market Value

This property is priced -47.6% below area average per sq ft

-47.6%
Potential saving
This Property
£122/sq ft
Area Average
£234/sq ft
Avg Rent (weekly)
£198
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£251,929
10% above area average per sq ft
Potential ROI
+73.7%
After renovation
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
23%
Properties sold annually

Local Market Trend (NG34)

Area prices are rising by +6.5% over the last 12 months
3 year growth: +2.9%
5 year growth: +17.7%
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

Buttler Way, Sleaford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£433
Based on a loan of £90,000 over 30 years at 4.06% 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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