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St. Davids Road, North Hykeham, Lincoln

East Midlands

£255,000
Listed on 14/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1021 sqft

Description

This detached dormer bungalow offers a great investment opportunity with its generous rear garden and potential for extension (subject to relevant planning permissions). Comprising four bedrooms split over two levels, the layout includes a welcoming entrance porch and hallway, alongside a spacious lounge diner measuring 15'8". The kitchen features a range of fitted units with space for additional appliances. On the ground floor, two bedrooms are currently used as family and dining rooms, complemented by a bathroom equipped with essentials. The first floor consists of two further bedrooms and access to valuable loft storage. Outside, the property boasts an extensive garden mainly laid to lawn, complete with two patio areas and bordered by a children's play park, making it ideal for families. Additional benefits include off-street parking and a garage at the front. Located centrally in North Hykeham, residents will appreciate the proximity to local amenities, including schools and supermarkets, all within walking distance.

Investment Analysis

(LN6 area)

Above Market Value

This property is priced +2.5% above area average per sq ft

+2.5%
This Property
£250/sq ft
Area Average
£244/sq ft
Avg Rent (weekly)
£229
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£273,643
10% above area average per sq ft
Potential ROI
-7.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
63
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (LN6)

Area prices are rising by +2.3% over the last 12 months
3 year growth: 3.9%
5 year growth: 16.8%
Investment Disclaimer: Analysis based on LN6 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

St. Davids Road, North Hykeham, Lincoln
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£934
Based on a loan of £191,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE