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Mulberry Avenue, North Hykeham, Lincoln, Lincolnshire, LN6 - Image 1
Mulberry Avenue, North Hykeham, Lincoln, Lincolnshire, LN6 - Image 2
Mulberry Avenue, North Hykeham, Lincoln, Lincolnshire, LN6 - Image 3
Mulberry Avenue, North Hykeham, Lincoln, Lincolnshire, LN6 - Image 4
Mulberry Avenue, North Hykeham, Lincoln, Lincolnshire, LN6 - Image 5
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Mulberry Avenue, North Hykeham, Lincoln, Lincolnshire, LN6 - Image 7
Mulberry Avenue, North Hykeham, Lincoln, Lincolnshire, LN6 - Image 8
Mulberry Avenue, North Hykeham, Lincoln, Lincolnshire, LN6 - Image 9
Mulberry Avenue, North Hykeham, Lincoln, Lincolnshire, LN6 - Image 10
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Mulberry Avenue, North Hykeham, Lincoln, Lincolnshire, LN6

East Midlands

£160,000
Listed on 05/05/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
615 sqft

Description

This semi-detached bungalow in North Hykeham presents a noteworthy chance for those wishing to invest in a property with significant potential for modernization. Comprising two generously sized double bedrooms, this well-maintained home invites buyers to explore its refurbishment possibilities, allowing for a personal touch that could enhance its value. The spacious lounge provides an inviting atmosphere and flows seamlessly into a sun room, which offers additional space and delightful views of the rear garden. The kitchen, while functional, is setup for easy upgrading and can be transformed into a contemporary culinary space. Each bedroom offers versatility for various lifestyles—whether accommodating guests or setting up a home office. Though the bungalow is livable in its current state, it stands ready for updates that will align it with modern tastes. Situated within a vibrant community renowned for its amenities and convenient transport links, this property exemplifies not only comfort but also strategic investment potential. Completion of improvements can make this an excellent long-term residence tailored to individual preferences.

Investment Analysis

(LN6 area)

Above Market Value

This property is priced +5.8% above area average per sq ft

+5.8%
This Property
£260/sq ft
Area Average
£246/sq ft
Avg Rent (weekly)
£228
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£166,284
10% above area average per sq ft
Potential ROI
-10.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
70
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (LN6)

Area prices are stable by -0.6% over the last 12 months
3 year growth: +2.1%
5 year growth: +12.1%
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

Mulberry Avenue, North Hykeham, Lincoln, Lincolnshire, LN6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£571
Based on a loan of £120,000 over 30 years at 3.97% 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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