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Bodmin Moor Close, North Hykeham, Lincoln - Image 1
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Bodmin Moor Close, North Hykeham, Lincoln

East Midlands

£280,000
Listed on 13/03/2026

Property Details

Bedrooms
3
Type
Detached house
Area
871 sqft

Description

This three-bedroom detached bungalow, set within a mature residential area of North Hykeham, presents an attractive opportunity for investors and renovators. The property sits on a generous corner plot, with ample potential for extension to both the side and rear (subject to planning permission), allowing you to maximize the living space. Internally, the layout includes three bedrooms, a shower room, a living room, a dining room, and a kitchen with essential fittings. Externally, the home features landscaped gardens surrounding the property along with driveway parking and a single garage. The location is convenient, with easy access to local amenities such as supermarkets and schools. Public transport options are readily available, providing links into the city via bus routes and nearby North Hykeham train station. A highlight of this property is its potential for improvement; while it is functional as-is, modern updating in terms of aesthetics and efficiency could significantly enhance its value. The spacious garden also offers opportunities for outdoor development or simply enjoying additional privacy. This bungalow's solid structure allows for various refurbishment options tailored to personal taste or rental market appeal.

Investment Analysis

(LN6 area)

Above Market Value

This property is priced +31.6% above area average per sq ft

+31.6%
This Property
£321/sq ft
Area Average
£244/sq ft
Avg Rent (weekly)
£236
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£234,064
10% above area average per sq ft
Potential ROI
-24.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
73
Average per month
Market Turnover
44%
Properties sold annually

Local Market Trend (LN6)

Area prices are stable by +1.6% over the last 12 months
3 year growth: +2.4%
5 year growth: +14.7%
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.

Location

Bodmin Moor Close, North Hykeham, 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
£1,010
Based on a loan of £210,000 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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