Worst House on the Street Logo
The Laundry House, Billingborough Road, Folkingham, Sleaford, Lincolnshire, NG34 0SG - Image 1
The Laundry House, Billingborough Road, Folkingham, Sleaford, Lincolnshire, NG34 0SG - Image 2
The Laundry House, Billingborough Road, Folkingham, Sleaford, Lincolnshire, NG34 0SG - Image 3
The Laundry House, Billingborough Road, Folkingham, Sleaford, Lincolnshire, NG34 0SG - Image 4
The Laundry House, Billingborough Road, Folkingham, Sleaford, Lincolnshire, NG34 0SG - Image 5
The Laundry House, Billingborough Road, Folkingham, Sleaford, Lincolnshire, NG34 0SG - Image 6
The Laundry House, Billingborough Road, Folkingham, Sleaford, Lincolnshire, NG34 0SG - Image 7
The Laundry House, Billingborough Road, Folkingham, Sleaford, Lincolnshire, NG34 0SG - Image 8
The Laundry House, Billingborough Road, Folkingham, Sleaford, Lincolnshire, NG34 0SG - Image 9
The Laundry House, Billingborough Road, Folkingham, Sleaford, Lincolnshire, NG34 0SG - Image 10
The Laundry House, Billingborough Road, Folkingham, Sleaford, Lincolnshire, NG34 0SG - Image 11

The Laundry House, Billingborough Road, Folkingham, Sleaford, Lincolnshire, NG34 0SG

East Midlands

£275,000
Listed on 02/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1159 sqft

Description

This detached period home is set on a spacious plot and offers picturesque views of the former Folkingham Castle grounds, presenting a unique opportunity for renovation. The property is being sold with no onward chain, allowing for a straightforward purchase process. Inside, the layout provides a solid foundation for modern updates. The ground floor features an entrance hall that connects to both the living room and sitting room, each with windows that allow for natural light to flood in. The kitchen/dining area includes essential appliances and ample storage while also offering potential for an updated design that could enhance both functionality and aesthetic appeal. A rear porch provides access to the garden, which can be transformed into an inviting outdoor space. On the first floor, three bedrooms are arranged around a central landing, along with a bathroom that includes traditional fixtures. While the entire home requires modernization, this opens up exciting possibilities for investors or homeowners looking to create a personalized living environment. The exterior boasts generous lawned gardens at the front and sides of the house, providing ample space for landscaping or outdoor activities. A driveway allows for convenient off-street parking, and the property includes several outbuildings that can serve various purposes—from storage to workshop spaces—further enhancing its investment potential. With its location benefits—including good broadband connectivity and mobile coverage from multiple providers—this property represents an excellent investment opportunity in a desirable area poised for growth. Transforming this house into a modern family home could yield substantial returns in both value and livability.

Investment Analysis

(NG34 area)

Above Market Value

This property is priced +1.1% above area average per sq ft

+1.1%
This Property
£237/sq ft
Area Average
£235/sq ft
Avg Rent (weekly)
£212
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
Target Value
£299,155
10% above area average per sq ft
Potential ROI
-13.3%
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

The Laundry House, Billingborough Road, Folkingham, Sleaford, Lincolnshire, NG34 0SG
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,007
Based on a loan of £206,250 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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