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Elmgarth, Sleaford, Lincolnshire, NG34

East Midlands

£150,000

Listed on 27/06/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
823 sqft

Description

This three-bedroom family home presents a compelling opportunity for investors and those looking to create a personalized living space. Situated in a quiet cul-de-sac in a sought-after residential area, the property features gas central heating, a driveway, and an attached garage, enhancing its appeal. Inside, you will find a hallway leading to a lounge and dining area, along with a kitchen that, while functional, requires modern updates. The bedrooms are generously sized, offering ample potential for reconfiguration or renovation. The bathroom also awaits an upgrade to meet contemporary standards. Outside, the enclosed rear garden provides space for landscaping improvements or expansion. With no onward chain and the possibility of renting back from the current owner, this property invites creative renovation ideas that can significantly increase its value.

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Investment analysis

(NG34 area)

Below Market Value

This property is priced -22.7% below area average per sq ft

-22.7%
Potential saving
This Property
£182/sq ft
Area Average
£236/sq ft
Avg Rent (weekly)
£206
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£213,334
10% above area average per sq ft
Potential ROI
+15.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (NG34)

Area prices are falling by -2.7% over the last 12 months
3 year growth: -3.5%
5 year growth: +5.6%
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

Elmgarth, Sleaford, Lincolnshire, NG34
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£567
Based on a loan of £112,500 over 30 years at 4.45% 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.

Stamp duty calculator

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