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Main Street, Scredington, Sleaford, Lincolnshire, NG34 - Image 1
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Main Street, Scredington, Sleaford, Lincolnshire, NG34

East Midlands

£260,000
Listed on 05/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1618 sqft

Description

This historic period family home, once serving as the village shop and post office, presents a remarkable investment opportunity. Spanning approximately 1618 sqft, the property boasts an array of characterful features, yet requires further enhancements to unlock its full potential. The current owners have previously rehabilitated the home from a near-derelict condition, but time has passed and it now awaits a buyer capable of implementing additional renovations or potential extensions, subject to necessary consents. The layout, which includes an adjoining two-storey barn, offers flexible options for creative reconfiguration. The interior accommodates multiple living spaces including a lounge, versatile dining room formerly used as a bakery, snug/bedroom 4, utility room, and an existing boiler room showcasing original Georgian stonework from the 1700s. A unique former shop area serves as either bedroom 3 or a family room with preserved Victorian window features. Upstairs are two sizeable bedrooms complemented by an optional dressing room/study. Outside, the property enjoys generous off-road parking and mature gardens on an expansive plot. Overall, this property is not only rich in history but also ripe for further improvement—ideal for those looking to make their mark through renovation.

Investment Analysis

(NG34 area)

Below Market Value

This property is priced -31.8% below area average per sq ft

-31.8%
Potential saving
This Property
£161/sq ft
Area Average
£236/sq ft
Avg Rent (weekly)
£204
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£419,588
10% above area average per sq ft
Potential ROI
+31.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
50
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (NG34)

Area prices are rising by +5.8% over the last 12 months
3 year growth: 2.9%
5 year growth: 18.1%
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

Main Street, Scredington, Sleaford, Lincolnshire, 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
£952
Based on a loan of £195,000 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