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King John Street, Sleaford, NG34

East Midlands

£220,000

Listed on 10/07/2026

Property details

Bedrooms
2
Type
Bungalow
Area
845 sqft

Description

This two-bedroom detached bungalow, located in the desirable town of Sleaford, presents an exciting opportunity for renovation and investment. Within close proximity to Lincoln, Grantham, and Newark, the property offers easy access to local amenities including shops, pubs, a primary school, and recreational areas. The home features uPVC double glazing and central heating throughout. Inside, you'll find a lounge and a kitchen equipped with an electric oven and hob, along with plumbing for a washing machine and space for a fridge/freezer. A lobby connects the kitchen to the garden, while a separate dining room enhances the living space. The family bathroom includes a three-piece suite with an electric shower over the bath. Both bedrooms are generously sized, each benefiting from built-in wardrobes. The external area boasts lawned gardens at both the front and rear; notably, the rear garden overlooks picturesque fields and a river. Additional amenities include a single garage fitted with power and lighting as well as off-road parking via the driveway. This property has significant potential for modernisation and personalisation to increase its value or rental appeal.

Investment analysis

(NG34 area)

Above Market Value

This property is priced +10.6% above area average per sq ft

+10.6%
This Property
£260/sq ft
Area Average
£236/sq ft
Avg Rent (weekly)
£208
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£218,897
10% above area average per sq ft
Potential ROI
-12.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (NG34)

Area prices are falling by -3.8% over the last 12 months
3 year growth: -4.4%
5 year growth: +4.2%
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

King John Street, Sleaford, 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
£831
Based on a loan of £165,000 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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