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Green Lane, Hemingby LN9

East Midlands

£389,500
Listed on 10/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1081 sqft

Description

Nestled in the picturesque parish of Hemingby, this four-bedroom detached residence offers potential for further enhancement and investment. Set on approximately half an acre, this property boasts expansive views over the Lincolnshire Wolds and is positioned to benefit from existing planning permission for a double garage and office space, catering to a modern lifestyle that embraces remote working. The interior features a welcoming entrance hall that leads to a cozy snug area, perfect for quiet reading or relaxation. The spacious lounge and dining area is brightened by natural light and presents delightful views of the countryside. Although the kitchen and bathroom have been recently upgraded with contemporary designs and fittings, there remains scope to improve other areas according to personal style and preference. Three well-sized bedrooms can be found on the ground floor while the first-floor principal bedroom provides an inviting sitting or dressing area, maximizing the breathtaking rural landscape. Elements such as uPVC double glazing and oil-fired central heating ensure comfort throughout. The outdoor space includes a front garden with ample parking, alongside a sizeable rear garden featuring established landscaping—ideal for families or those looking to entertain. Given its combination of current modern amenities and room for further development, this property represents a unique opportunity in one of Lincolnshire’s most scenic locales.

Investment Analysis

(LN9 area)

Above Market Value

This property is priced +57.4% above area average per sq ft

+57.4%
This Property
£360/sq ft
Area Average
£229/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£272,244
10% above area average per sq ft
Potential ROI
-36.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LN9)

Area prices are stable by -2.0% over the last 12 months
3 year growth: -2.2%
5 year growth: +4.7%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,405
Based on a loan of £292,125 over 30 years at 4.06% 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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