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Dogdyke Road, Coningsby, Lincoln, Lincolnshire, LN4

East Midlands

£215,000

Listed on 10/06/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
986 sqft

Description

This retirement bungalow presents a unique opportunity for those looking to invest in a property with considerable renovation potential. Nestled conveniently near the village centre, this well-maintained home offers 986 sqft of living space and sits on a generous plot with mature rear gardens that could be a picturesque retreat with some enhancement. While the property is equipped with gas central heating and uPVC double glazing, there are possibilities for expansion, pending necessary permissions. The layout currently comprises an entrance hall leading to a spacious lounge with a bay window, a functional kitchen alongside a utility room, two bedrooms, and a wet room. There’s also a sun room that can double as a third bedroom, providing versatility in its use. Externally, the property features ample parking through a side driveway leading to a detached garage with power supply – ideal for those needing additional storage or workshop space. The front garden is landscaped with varied shrubs while the expansive rear garden showcases established flora including notable species like monkey puzzle trees and magnolias. This space could be reimagined into an even more inviting outdoor area. A viewing is highly recommended to fully grasp the property's potential.

Investment Analysis

(LN4 area)

Below Market Value

This property is priced -9.6% below area average per sq ft

-9.6%
Potential saving
This Property
£218/sq ft
Area Average
£241/sq ft
Avg Rent (weekly)
£220
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£261,551
10% above area average per sq ft
Potential ROI
+2.6%
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 stable by +1.4% over the last 12 months
3 year growth: -0.9%
5 year growth: +6.7%
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

Dogdyke Road, Coningsby, Lincoln, Lincolnshire, LN4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£812
Based on a loan of £161,250 over 30 years at 4.45% 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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