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Main Street, North Kyme, Lincoln

East Midlands

£120,000
Listed on 27/01/2026

Property Details

Bedrooms
2
Type
Detached house

Description

This charming detached cottage, set in a serene village environment about 18 miles from Lincoln and 8 miles from Sleaford, presents an exciting renovation opportunity. The three-bedroom property comes with an outbuilding and has received planning permission for substantial side and rear extensions, as well as the construction of an annexe to replace the existing outbuilding. These enhancements could significantly increase the property's value and appeal. Currently, it requires comprehensive refurbishment throughout, making it ideal for both investors looking for a project or individual buyers eager to craft their perfect home. Notably, first fix electrics have been recently completed, laying a solid foundation for further updates. Given its potential and location, this property offers ample scope for transformation without necessarily utilizing the granted planning options.

Investment Analysis

(LN4 area)
Area Average
£239/sq ft
Avg Rent (weekly)
£216
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (LN4)

Area prices are stable by +0.6% over the last 12 months
3 year growth: -1.1%
5 year growth: +11.0%
Investment Disclaimer: Analysis based on LN4 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

Main Street, North Kyme, Lincoln
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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
£433
Based on a loan of £90,000 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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