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Mill Moor Way, North Hykeham, LN6 - Image 1
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Mill Moor Way, North Hykeham, LN6

East Midlands

£185,000

Listed on 11/09/2026

The listing

Property details

Bedrooms
2
Type
Detached Bungalow
Area
646 sqft

Description

This detached two-bedroom house presents an excellent opportunity for those looking to add their personal touch. With no onward chain, the property is ready for immediate occupancy while offering a blank canvas for modernisation. The interior requires updating, allowing you to create a living space that reflects your style. The home features ample living space and includes a garage for secure parking or additional storage. A driveway ensures convenient off-road parking. The enclosed rear garden is mainly laid to lawn, providing a private area for relaxation or entertaining guests. The front garden enhances the property's curb appeal, welcoming you as you arrive. The layout includes an entrance hall that connects to all rooms, a living room with a feature fireplace, a kitchen with built-in storage and space for appliances, two bedrooms, and a bathroom with essential amenities. This property is ideally situated near local amenities, including shops, schools, and transport links, making it a practical choice for everyday living.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

29out of 100
Grade ELow opportunity

Confidence: MEDIUM

This two-bedroom detached house presents a solid opportunity for those looking to undertake a substantial renovation project. While the asking price of £185,000 equates to £286/sqf, which is notably above the local average of £244/sqf, the potential for transformation remains. The home is offered with no onward chain, allowing flexibility in your timing as you plan your improvements.

Inside, the property is a blank canvas, showing significant signs of wear throughout. The living spaces, including the dated kitchen and bathroom, are ready for a complete overhaul, giving you the chance to create a modern home tailored to your preferences. The enclosed rear garden adds to the property’s appeal, offering a private outdoor space that could be enhanced further. However, the all-in costs, considering the renovation range of £40,000 to £80,000, stretch the economics versus local benchmarks, making it crucial to approach this project with a clear budget and vision.

Key opportunities

  • Substantial renovation potential to modernize dated interiors across all living spaces.
  • The enclosed rear garden offers a chance to create an inviting outdoor area.
  • The property includes a garage and driveway, adding value and convenience.

Key risks

  • Stripped interiors and a £40,000–£80,000 works budget make this a full-gut programme, not a refresh.
  • Expect total exposure near £245,000 including the asking price and quoted works of about £60,000 — around 36% above what similar-sized stock commands locally today, so margin after refurbishment is unproven.

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Map

Location

Mill Moor Way, North Hykeham, LN6
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£699
Based on a loan of £138,750 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.

Tax

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Indicative tax based on the asking price and the options you select.

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