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Newfield Drive, North Kyme, Lincoln

East Midlands

£140,000
Listed on 25/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1091 sqft

Description

This three-bedroom semi-detached property sits on a substantial plot, offering expansive views of the surrounding fields. Although it is currently in need of modernisation, this home represents an excellent opportunity for those looking to invest in a project that can significantly enhance its value. Notably, there is no central heating system installed, which contributes to the competitive pricing. The property's layout includes a welcoming entrance hallway that guides you into a functional galley-style kitchen featuring a handy pantry. The generous lounge diner serves as a versatile living space and connects seamlessly to a bright conservatory, perfect for enjoying the garden views. Upstairs, you'll find two well-sized double bedrooms alongside a single bedroom and a family bathroom that offers potential for updates. Outside, there are useful outbuildings and a separate WC that add practicality to the property. The rear garden is particularly appealing, providing ample outdoor space with lovely countryside views - ideal for family activities or relaxation. With off-road parking available for several vehicles at the front, this home offers both functionality and potential in equal measure.

Investment Analysis

(LN4 area)

Below Market Value

This property is priced -46.2% below area average per sq ft

-46.2%
Potential saving
This Property
£128/sq ft
Area Average
£239/sq ft
Avg Rent (weekly)
£213
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£286,344
10% above area average per sq ft
Potential ROI
+59.1%
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

Newfield Drive, 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
£505
Based on a loan of £105,000 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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