Summary - 20 OLD PLACE SLEAFORD NG34 7HR
2 bed 1 bath Flat
Auction opportunity for cash buyers near shops, transport and schools.
Two-bedroom second-floor apartment, approx. 581 sq ft
Offered for sale at auction, this second‑floor two‑bedroom flat sits within easy walking distance of Sleaford town centre and amenities. The accommodation is compact and efficiently arranged across approximately 581 sq ft, comprising an entrance hall, lounge/diner, separate kitchen, two bedrooms and a bathroom. One allocated off‑street parking space is included.
This property is being sold with 61 years remaining on the lease, so it is available to cash buyers only. Mortgage lenders will likely refuse to lend because of the limited lease term; this makes the flat most suitable for investors prepared to buy in cash or buyers able to organise specialist finance. The apartment is sold with no onward chain and will be offered at auction with a deadline of 12:00 on 22 April 2025.
The interior is simple and functional with a dated 1980s kitchen, secondary glazing and gas central heating via boiler and radiators. EPC rating C indicates reasonable energy performance, but the building’s older construction and assumed lack of wall insulation suggest further improvement opportunities. The area has average deprivation and higher crime levels; factor this into rental potential and management costs.
For an investor seeking a low‑entry purchase near town amenities and good local schools, the flat offers rental or refurbishment upside. Costs and logistics linked to the limited lease, potential refurbishment, and local management should be assessed before bidding.
2 bedroom ground floor flat for sale in The Hedgerows, Sleaford, NG34 — £82,500 • 2 bed • 1 bath • 431 ft²
2 bedroom flat for sale in Old Place, Sleaford, NG34 — £87,000 • 2 bed • 1 bath • 627 ft²
2 bedroom ground floor flat for sale in Bishops Court, Sleaford, Lincolnshire, NG34 — £85,000 • 2 bed • 1 bath • 636 ft²
2 bedroom apartment for sale in The Hedgerows, Sleaford, Lincolnshire, NG34 — £72,000 • 2 bed • 1 bath • 625 ft²
2 bedroom apartment for sale in Chapel Lane, Leasingham, Sleaford, Lincolnshire, NG34 — £99,950 • 2 bed • 1 bath • 821 ft²
2 bedroom flat for sale in The Hedgerows, Sleaford, NG34 — £85,000 • 2 bed • 1 bath • 606 ft²
