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New Street, Heckington, Sleaford, Lincolnshire, NG34

East Midlands

£135,000

Listed on 17/07/2026

Property details

Bedrooms
2
Type
Semi Detached
Area
1384 sqft

Description

This two-bedroom residence, cherished by the same family for many years, presents a unique opportunity for those looking to invest in a property ripe for modernization. Located on a peaceful no-through road, it offers convenient access to the vibrant village centre of Heckington, complete with a variety of local amenities and a train station ideal for commuters. The home's layout includes an entrance porch, a welcoming hallway, and a spacious lounge/diner alongside the kitchen and bathroom. Upstairs, two good-sized bedrooms await, with Bedroom One featuring a walk-in wardrobe that could potentially be transformed into an en-suite shower room, subject to appropriate permissions. The outdoor space is equally notable, boasting a generous rear garden alongside a garage/workshop and several useful sheds—perfect for anyone needing extra storage or workshop facilities. This property holds immense potential to increase its value through thoughtful refurbishment and is ideally suited for first-time buyers, investors, or those wanting to develop their next project. An early viewing is recommended to fully grasp the possibilities this home offers.

Investment analysis

(NG34 area)

Below Market Value

This property is priced -58.6% below area average per sq ft

-58.6%
Potential saving
This Property
£98/sq ft
Area Average
£236/sq ft
Avg Rent (weekly)
£208
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£358,525
10% above area average per sq ft
Potential ROI
+104.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (NG34)

Area prices are falling by -3.8% over the last 12 months
3 year growth: -4.4%
5 year growth: +4.2%
Investment Disclaimer: Analysis based on NG34 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

New Street, Heckington, Sleaford, Lincolnshire, NG34
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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
£510
Based on a loan of £101,250 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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