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6-8 Market Place, Sleaford, Lincolnshire, NG34 7SH - Image 1
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6-8 Market Place, Sleaford, Lincolnshire, NG34 7SH - Image 3
6-8 Market Place, Sleaford, Lincolnshire, NG34 7SH - Image 4
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6-8 Market Place, Sleaford, Lincolnshire, NG34 7SH - Image 8

6-8 Market Place, Sleaford, Lincolnshire, NG34 7SH

East Midlands

£200,000
Listed on 29/08/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This two-storey office building situated in the heart of Sleaford offers a unique opportunity for renovation and investment. With a net internal area of approximately 2,081 sq. ft. (193.4 m²), the structure showcases its period character while providing ample space that can be adapted for various uses, pending necessary planning approvals. The ground floor features a reception area along with several offices and restrooms, while the first floor is home to two spacious offices, a kitchen, and additional restroom facilities. Notably, access to the second floor is currently unavailable but presents an opportunity for further enhancement or expansion. Sleaford itself is an established market town with strong connectivity, located roughly 17 miles south of Lincoln. The A15 bypass ensures efficient travel links to the A1 at Newark and toward Boston and the East Coast, enhancing accessibility for future occupants or visitors. With a resident population of approximately 14,500, Sleaford has a growing catchment area that supports diverse commercial activities. Positioned just 0.4 miles from Sleaford Railway Station in Market Place, this property benefits from high visibility and foot traffic, making it an attractive option for potential redevelopment or alternative uses. Investors looking to capitalize on Sleaford’s growth will find this property offers significant potential for transformation into a thriving business location or mixed-use development.

Investment Analysis

(NG34 area)
Area Average
£234/sq ft
Avg Rent (weekly)
£198
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
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

6-8 Market Place, Sleaford, Lincolnshire, NG34 7SH
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£721
Based on a loan of £150,000 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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