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North Kyme, Lincoln, Lincolnshire, LN4 - Image 1
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North Kyme, Lincoln, Lincolnshire, LN4

East Midlands

£425,000
Listed on 01/03/2026

Property Details

Bedrooms
4
Type
Detached house
Area
4639 sqft

Description

This 4-bedroom detached residence sits on a generous plot of 0.21 hectares (0.52 acres) in the rural village of North Kyme, offering significant renovation and expansion potential. The house is well laid out with an entrance hall leading to a lounge/dining area, family room/study, kitchen, and conservatory on the ground floor, complemented by four double bedrooms and a family bathroom upstairs. Notably, there are opportunities for extension or additional buildings, contingent upon acquiring the necessary planning permissions. The property also features a spacious secure rear garden adorned with apple and plum trees, a double garage, greenhouse, and ample parking space. Additionally, there is a versatile storage building that includes a large workshop with road frontage and an old portacabin housing three offices – an ideal setup for someone looking to adapt or develop the existing structures for various uses. Recent planning permission has been granted for the construction of two semi-detached houses on this site, reflecting its investment appeal. The property is conveniently located near local amenities such as a church and pub, while remaining within easy reach of nearby villages and market towns including Billinghay and Sleaford. This makes it not only a suitable home but also an attractive opportunity for prospective investors or developers seeking to capitalize on its growth potential.

Investment Analysis

(LN4 area)

Below Market Value

This property is priced -61.6% below area average per sq ft

-61.6%
Potential saving
This Property
£92/sq ft
Area Average
£239/sq ft
Avg Rent (weekly)
£213
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£1,217,552
10% above area average per sq ft
Potential ROI
+151.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (LN4)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -0.1%
5 year growth: +10.6%
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

North Kyme, Lincoln, Lincolnshire, LN4
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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
£1,533
Based on a loan of £318,750 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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