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Hervey Road, Sleaford, Lincolnshire, NG34 - Image 1
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Hervey Road, Sleaford, Lincolnshire, NG34

East Midlands

£325,000
Listed on 15/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1352 sqft

Description

Situated on a spacious corner plot in a highly regarded area of Sleaford, this three-bedroom detached residence offers a prime opportunity for those looking to invest in a property ripe for modernization. With the convenience of local amenities, schools, and transport links all within walking distance, this home is well-positioned for families and developers alike. The layout is generous and adaptable, featuring an entrance porch leading to a welcoming hall, complemented by a large dual-aspect lounge and a separate dining room. The kitchen includes a utility room and WC, alongside an additional reception space that can be utilized as needed. Upstairs, three double bedrooms provide ample accommodation along with a family bathroom. While the dwelling has been well cared for, it presents opportunities for cosmetic upgrades and general improvements, allowing new owners to personalize the space according to their preferences. Externally, the property boasts a driveway and garage, alongside an expansive enclosed garden. Notably, part of the garden has previously received planning permission for the construction of an additional dwelling, indicating potential for future development (subject to obtaining any necessary approvals). Additionally, this property comes with no onward chain, making it an attractive prospect for buyers seeking a straightforward transaction.

Investment Analysis

(NG34 area)

Above Market Value

This property is priced +2.0% above area average per sq ft

+2.0%
This Property
£240/sq ft
Area Average
£236/sq ft
Avg Rent (weekly)
£204
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£350,607
10% above area average per sq ft
Potential ROI
-2.6%
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

Hervey Road, 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
£1,191
Based on a loan of £243,750 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