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Green Lane, Hemingby LN9

East Midlands

£389,500

Listed on 30/05/2026

Property Details

Bedrooms
4
Type
Detached
Area
1081 sqft

Description

Nestled in the picturesque parish of Hemingby, this four-bedroom detached property spans approximately half an acre and offers expansive views of the Lincolnshire Wolds. While recently refurbished with modern updates such as a new kitchen and bathroom, there remains significant renovation potential to further enhance its functionality and value. The property comes with approved planning permission for a double garage and office space, presenting an ideal opportunity for those seeking flexibility for home working or additional storage solutions. Inside, you’ll find a welcoming hallway that leads to a cozy snug area, perfect for relaxing with a book. The spacious lounge/diner features an attractive open fire and is brightened by natural light from large windows overlooking the countryside. Three well-sized bedrooms on the ground floor offer comfortable accommodation, while the principal bedroom on the first floor boasts a unique sitting area to enjoy serene views. Outside, the generous garden is well-established and includes a variety of plants and shrubs, making it suitable for families or entertaining guests. This home presents an excellent investment opportunity in one of Lincolnshire's most scenic locales.

Investment Analysis

(LN9 area)

Above Market Value

This property is priced +56.6% above area average per sq ft

+56.6%
This Property
£360/sq ft
Area Average
£230/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£273,612
10% above area average per sq ft
Potential ROI
-35.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (LN9)

Area prices are falling by -11.6% over the last 12 months
3 year growth: -9.9%
5 year growth: -4.1%
Investment Disclaimer: Analysis based on LN9 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

Green Lane, Hemingby LN9
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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
£1,471
Based on a loan of £292,125 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

Price History

-8.4% since listed
£389,500£10,450(-2.6%)
09/07/2024
Current price
£399,950£10,000(-2.4%)
08/05/2024
£409,950£9,000(-2.1%)
24/06/2023
£418,950£6,050(-1.4%)
25/05/2023
£425,000Initial listing
13/03/2023

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