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Chapel Lane, North Hykeham, Lincoln, Lincolnshire, LN6 - Image 1
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Chapel Lane, North Hykeham, Lincoln, Lincolnshire, LN6 - Image 3
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Chapel Lane, North Hykeham, Lincoln, Lincolnshire, LN6 - Image 5
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Chapel Lane, North Hykeham, Lincoln, Lincolnshire, LN6 - Image 8
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Chapel Lane, North Hykeham, Lincoln, Lincolnshire, LN6

East Midlands

£180,000
Listed on 14/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1045 sqft

Description

This three-bedroom semi-detached home in North Hykeham offers a significant opportunity for those looking to invest in a property with renovation potential. With its bay window facade and generous plot, the house is ready for a complete makeover, presenting an ideal blank slate for developers and homebuyers alike. The interior currently requires extensive updating, making it perfect for those interested in creating a bespoke living space to their own specifications. The expansive garden area further enhances this property's appeal, allowing for possible extensions or additional outdoor features, pending necessary permissions. Located in a well-regarded neighbourhood with strong local amenities—including schools, shopping facilities, and access to Lincoln city centre—this property stands as an attractive proposition in the East Midlands market. Viewing is strongly encouraged to fully appreciate the scope of refurbishment possibilities available.

Investment Analysis

(LN6 area)

Below Market Value

This property is priced -29.3% below area average per sq ft

-29.3%
Potential saving
This Property
£172/sq ft
Area Average
£244/sq ft
Avg Rent (weekly)
£229
Avg Yield
5.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£280,076
10% above area average per sq ft
Potential ROI
+7.7%
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

Chapel Lane, North Hykeham, Lincoln, Lincolnshire, LN6
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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
£659
Based on a loan of £135,000 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