Guide price
£205,000
2 bed semi-detached house for saleThe Cottage, Swarby, Sleaford, Lincolnshire NG34
2 beds
1 bath
Added on
About this property
For sale by Online Auction - 28th ofOctober 2026
tcpa East Midlands is delighted to present this highly attractive value-add refurbishment opportunity, offered at a significant discount to its potential market value.
The property comprises a two-bedroom, semi-detached, two-storey cottage, set on a substantial plot of land with an existing barn and considerable scope for further enhancement. The combination of the existing accommodation, land, outbuilding and potential for extension makes this an opportunity with the potential to create a truly distinctive residential property.
Value-Add Potential
The current seller has already completed a significant amount of preparatory work, including:
New roof installed
Ceilings plastered
Electrical re-wiring undertaken
Garden cleared and substantially improved
As a result, the property may offer a relatively straightforward refurbishment opportunity for an investor, developer or owner-occupier, subject to inspection and the buyer's own assessment of the remaining works.
Based on the information currently available, the property is being offered at a price that represents an indicative potential discount of more than £100,000 against comparable market values, subject to the buyer independently verifying all assumptions, comparable evidence, costs and end values.
There may also be potential for an extension, subject to obtaining the necessary planning permission and all relevant consents (STPP).
An Opportunity for Investors
The property may be particularly attractive to buyers seeking:
A below-market acquisition opportunity
A refurbishment and value-add project
Potential development or extension upside
A property with a substantial plot and additional outbuilding
An opportunity to create a high-quality residential home
Interested parties are encouraged to register to bid or submit an offer as soon as possible.
Important Information & Disclaimer
tcpa East Midlands has provided the above information in good faith and for marketing and indicative purposes only. Any references to market value, gdv, rental income, potential returns, refurbishment costs, planning potential or other financial figures are estimates or indicative figures only and are not warranties, guarantees or representations of future value or performance.
Tcpa East Midlands does not warrant or guarantee the property's gdv, rental value, market value, investment return, planning potential or any other stated or implied figure.
All prospective purchasers must undertake their own independent due diligence, including, but not limited to, verification of title, boundaries, planning and building regulations, structural condition, utilities, access, refurbishment costs, comparable sales, rental values, taxation and all other matters relevant to their proposed purchase.
Any extension or development potential is strictly subject to planning permission, building regulations, statutory approvals and any other required consents. No representation or guarantee is given that planning permission will be obtained.
Prospective purchasers should satisfy themselves fully as to the property's condition, suitability and value before submitting an offer or bidding.
Register to Bid / Submit Your Offer
If this opportunity is of interest, please register to bid or contact tcpa East Midlands to discuss the property and the offer process.
Unconditional lot Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
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