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Regents Park Close, North Hykeham, LN6

East Midlands

£200,000
Listed on 15/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
808 sqft

Description

This two-bedroom detached bungalow presents a unique opportunity for renovation and investment within the attractive area of North Hykeham, Lincoln. With no onward chain, immediate occupancy is possible, allowing for a smoother transition for potential buyers. The layout includes an entrance porch that leads into a hallway, providing access to an array of functional spaces. The property features a generous lounge that opens into a dining room, making it an ideal setting for reconfiguration or modernization. Both bedrooms are generously sized, and the bungalow also boasts a contemporary fitted shower room and kitchen, albeit with potential for updates to enhance their appeal further. Externally, the property is complemented by a driveway that facilitates off-road parking and leads to a single garage equipped with an electric roller door—ideal for those seeking additional storage or workshop space. The south-easterly facing garden offers privacy and ample opportunity for landscaping or creating outdoor living spaces, complete with direct access to the garage. Located on Regents Park Close, this bungalow benefits from proximity to various local amenities including supermarkets, shops, and cafes. For nature enthusiasts, Whisby Nature Park is nearby, offering scenic walking paths and birdwatching opportunities. Public transport options are robust in North Hykeham. The railway station is conveniently accessible, providing regular services to Lincoln with quick journey times—typically around 10 minutes—and further connections to notable destinations such as Nottingham and Newark. Local bus routes also enhance accessibility to Lincoln city centre and surrounding areas. This bungalow represents not just comfortable living space but significant renovation potential in a desirable location. With updated features like gas central heating—including a recently fitted boiler—and insulated loft space accessible via a pull-down ladder, this property is well-equipped while still allowing for personalized enhancements. Its combination of space, location advantages, and investment prospects makes it worthy of consideration from a wide spectrum of buyers looking to make their mark in North Hykeham.

Investment Analysis

(LN6 area)

Above Market Value

This property is priced +1.3% above area average per sq ft

+1.3%
This Property
£248/sq ft
Area Average
£244/sq ft
Avg Rent (weekly)
£222
Avg Yield
4.6%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £10,000
Target Value
£217,267
10% above area average per sq ft
Potential ROI
+3.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
54
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (LN6)

Area prices are rising by +3.3% over the last 12 months
3 year growth: 4.6%
5 year growth: 17.7%
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.

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Location

Regents Park Close, North Hykeham, LN6
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