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Eastgate, Sleaford

East Midlands

£190,000
Listed on 23/03/2026

Property Details

Bedrooms
4
Type
Terraced
Area
1683 sqft

Description

This substantial Grade II Listed four-bedroom house provides approximately 1683 sq ft of versatile living space across three levels, making it a promising canvas for renovation or redevelopment. While the property requires some modernization, it presents an excellent opportunity to transform it into a charming family residence or potentially convert it into multiple apartments, subject to obtaining the necessary planning permissions. The layout includes a welcoming entrance hall leading into both a spacious lounge and a dining room, alongside a kitchen on the ground floor. The first and second floors each host two double bedrooms and a bathroom, ensuring ample accommodation for families or tenants. Notably, secondary glazing at the front and gas central heating contribute to energy efficiency. The rear garden is particularly private, featuring an easy-to-maintain design with extensive patio space, timber decking, raised bedding areas, and mature trees enclosed by brick walling. This outdoor area enhances the property's appeal, providing a tranquil escape in the heart of East Midlands.

Investment Analysis

(NG34 area)

Below Market Value

This property is priced -51.8% below area average per sq ft

-51.8%
Potential saving
This Property
£113/sq ft
Area Average
£234/sq ft
Avg Rent (weekly)
£195
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £70,000
Target Value
£433,297
10% above area average per sq ft
Potential ROI
+66.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
52
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (NG34)

Area prices are rising by +6.0% over the last 12 months
3 year growth: +2.5%
5 year growth: +15.3%
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

Eastgate, Sleaford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£685
Based on a loan of £142,500 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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