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Park Lane, Heighington

East Midlands

£425,000
Listed on 15/04/2026

Property Details

Bedrooms
3
Type
Detached
Area
2181 sqft

Description

This detached family residence is perched in a desirable elevated location within the popular village of Heighington, offering pleasant views and abundant potential for renovation or expansion. The multi-level layout includes an Entrance Porch leading into a Hallway, a versatile Study/Bedroom, and a Cloakroom. The spacious Lower Level features a sizable Lounge and a Dining/Kitchen area, ideal for modern living. Venturing to the upper floors, you'll find three additional Bedrooms, including a Dressing Area and an En-suite Bathroom, alongside a Family Bathroom. The exterior boasts a generous plot adorned with mature trees, complemented by an extensive driveway that leads to a triple garage and stables. This property presents ample opportunity for redevelopment or enhancement (subject to necessary approvals), making it an attractive proposition for investors or those seeking to create their ideal home. Notably, it is offered with no onward chain, simplifying the purchase process.

Investment Analysis

(LN4 area)

Below Market Value

This property is priced -18.7% below area average per sq ft

-18.7%
Potential saving
This Property
£195/sq ft
Area Average
£240/sq ft
Avg Rent (weekly)
£235
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£574,944
10% above area average per sq ft
Potential ROI
+22.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (LN4)

Area prices are rising by +3.5% over the last 12 months
3 year growth: -0.4%
5 year growth: +8.3%
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

Park Lane, Heighington
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,505
Based on a loan of £318,750 over 30 years at 3.91% 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.

Stamp Duty Calculator

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