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Fosse Lane, Thorpe-on-the-Hill, Lincoln, Lincolnshire, LN6 - Image 1
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Fosse Lane, Thorpe-on-the-Hill, Lincoln, Lincolnshire, LN6

East Midlands

£550,000

Listed on 19/06/2026

Property Details

Bedrooms
4
Type
Detached
Area
2067 sqft

Description

This spacious detached family residence is situated on a sizable plot in the sought-after village of Thorpe on the Hill, presenting an excellent opportunity for renovation and potential expansion, subject to planning permissions. The property is designed for versatile living arrangements, featuring a ground-floor bedroom with an adjacent shower room, which could serve as ideal accommodations for extended family members or guests. The interior layout includes an inviting entrance hall, a well-appointed open-plan kitchen/dining area, a generous 30ft living room, and a conservatory that opens onto the expansive rear garden. The first floor hosts three additional bedrooms and a family bathroom, making it suitable for growing families. The outside space boasts an extensive and mature garden complemented by landscaped patios with decorative stonework and raised beds. A covered bar area equipped with power offers a fantastic venue for entertaining. Additional features include external lighting, power points, water supplies throughout the garden, and several outbuildings such as a substantial shed and greenhouse. Energy efficiency is enhanced with owned solar panels linked to a feed-in tariff that generates income. This property not only provides substantial living space but also the scope to modernize and expand further. Thorpe on the Hill ensures convenience with its local amenities including a primary school and community facilities. Its proximity to major transport links adds to its appeal for those commuting to nearby urban areas.

Investment Analysis

(LN6 area)

Above Market Value

This property is priced +9.1% above area average per sq ft

+9.1%
This Property
£266/sq ft
Area Average
£244/sq ft
Avg Rent (weekly)
£233
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£554,783
10% above area average per sq ft
Potential ROI
-9.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
61
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (LN6)

Area prices are stable by -1.1% over the last 12 months
3 year growth: +0.7%
5 year growth: +11.1%
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

Fosse Lane, Thorpe-on-the-Hill, Lincoln, Lincolnshire, LN6
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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
£2,078
Based on a loan of £412,500 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.

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