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Building Plot, adj to 9 Ancaster Drive, Sleaford - Image 1
Building Plot, adj to 9 Ancaster Drive, Sleaford - Image 2
Building Plot, adj to 9 Ancaster Drive, Sleaford - Image 3
Building Plot, adj to 9 Ancaster Drive, Sleaford - Image 4
Building Plot, adj to 9 Ancaster Drive, Sleaford - Image 5
Building Plot, adj to 9 Ancaster Drive, Sleaford - Image 6
Building Plot, adj to 9 Ancaster Drive, Sleaford - Image 7
Building Plot, adj to 9 Ancaster Drive, Sleaford - Image 8
Building Plot, adj to 9 Ancaster Drive, Sleaford - Image 9
Building Plot, adj to 9 Ancaster Drive, Sleaford - Image 10
Building Plot, adj to 9 Ancaster Drive, Sleaford - Image 11

Building Plot, adj to 9 Ancaster Drive, Sleaford

East Midlands

£95,000
Listed on 17/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a unique opportunity to acquire a residential building plot with established planning permission for a two-bedroom detached bungalow. Situated in a highly desirable neighborhood between Grantham Road and London Road, the plot spans approximately 275 square meters, providing ample space for development. The proposed bungalow is designed to have an internal floor area of 61.4 square meters, making it suitable for a range of living arrangements. The location offers great advantages, being close to essential town amenities and services, including various shops, schools, and recreational facilities. Sleaford is noted for its growing community appeal and boasts excellent educational options from primary through secondary levels. Additionally, the town features leisure facilities such as a swimming pool and sports center, catering to diverse lifestyle needs. For commuters, the area benefits from efficient road access and direct rail links to larger cities, including Grantham’s Intercity service to London Kings Cross. For investors and developers, this site offers significant potential due to its planning permission (application number 23/1291/VARCON), granted on 15th January 2024. This allows for immediate progress on construction while also providing flexibility for further development according to market demands. Access to all necessary utilities enhances its viability as an investment project. Overall, this parcel combines accessibility with notable community offerings while presenting an exciting renovation opportunity in a thriving market town.

Investment Analysis

(NG34 area)
Area Average
£235/sq ft
Avg Rent (weekly)
£212
Avg Yield
4.2%

Renovation Potential

Light Refurb
Est. Renovation Cost
£50,000 - £70,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (NG34)

Area prices are rising by +5.8% over the last 12 months
3 year growth: 3.3%
5 year growth: 19.8%
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

Building Plot, adj to 9 Ancaster Drive, Sleaford
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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
£348
Based on a loan of £71,250 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