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Grace Close, Sleaford, NG34

East Midlands

£180,000
Listed on 15/08/2025

Property Details

Bedrooms
3
Type
Detached house
Area
756 sqft

Description

This detached three-bedroom home presents a promising opportunity for those looking to undertake renovations and enhance property value in a well-established residential area. The layout includes an entrance hall leading to a spacious lounge diner, which is accentuated by a feature fireplace and generous windows that invite ample natural light. The kitchen, equipped with a range of base and eye-level units, offers potential for modern updates with space allocated for essential appliances. Each of the three bedrooms provides flexibility for family living or conversion into office space, catering to varied needs. The property also features a practical family bathroom complete with a walk-in shower. Additionally, there is access to the loft space from the landing, allowing for potential expansion opportunities. Outside, the property offers front parking along with side access to the rear garden. The sizable garden is mainly laid to lawn, featuring existing shrubbery and a pond that could be revitalized as part of landscape enhancements. A single detached garage adds further practicality for storage or as a workshop. Situated in this desirable neighborhood, the property not only benefits from local amenities and transport links but also holds significant investment potential through modernization and enhancement efforts. Viewing is recommended to fully appreciate the possibilities this home has to offer.

Investment Analysis

(NG34 area)

Above Market Value

This property is priced +1.5% above area average per sq ft

+1.5%
This Property
£238/sq ft
Area Average
£235/sq ft
Avg Rent (weekly)
£212
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£195,135
10% above area average per sq ft
Potential ROI
-7.1%
After renovation
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

Grace Close, 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
£659
Based on a loan of £135,000 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