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Chapel Lane, Folkingham, Sleaford, Lincs, NG34 - Image 1
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Chapel Lane, Folkingham, Sleaford, Lincs, NG34 - Image 3
Chapel Lane, Folkingham, Sleaford, Lincs, NG34 - Image 4
Chapel Lane, Folkingham, Sleaford, Lincs, NG34 - Image 5
Chapel Lane, Folkingham, Sleaford, Lincs, NG34 - Image 6

Chapel Lane, Folkingham, Sleaford, Lincs, NG34

East Midlands

£200,000
Listed on 27/11/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a unique investment opportunity situated in the historic village of Folkingham, known for its picturesque charm. The site offers the potential for development with previously granted planning approval (now lapsed) for the construction of two substantial detached homes, each featuring four bedrooms and three reception rooms along with double garages. While the original permission was authorized by South Kesteven District Council on January 19, 2022, prospective buyers will need to reapply for planning consent. The location is tranquil yet conveniently positioned near local amenities including a village shop, pub, and church. It also benefits from excellent transport links via the A15 road to Peterborough and Lincoln, as well as easy access to Grantham's intercity rail services approximately 15 miles away.

Investment Analysis

(NG34 area)
Area Average
£234/sq ft
Avg Rent (weekly)
£195
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £300,000
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

Chapel Lane, Folkingham, Sleaford, Lincs, NG34
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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
£721
Based on a loan of £150,000 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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