Worst House on the Street Logo
Hykeham Road, Lincoln LN6 - Image 1
Hykeham Road, Lincoln LN6 - Image 2
Hykeham Road, Lincoln LN6 - Image 3

Hykeham Road, Lincoln LN6

East Midlands

£340,000
Listed on 20/04/2026

Property Details

Bedrooms
4
Type
Semi Detached
Area
2373 sqft

Description

This semi-detached period home presents an excellent opportunity for renovation and investment, featuring four spacious double bedrooms and three reception areas across two levels. The property retains classic characteristics such as Victorian tiled flooring in the entrance hall and decorative fireplaces throughout, providing a charming canvas for modern updates. The ground floor consists of a generous lounge, sitting room, formal dining room, and a kitchen equipped with integrated appliances, leading to a versatile fourth bedroom with direct access to the bathroom. Upstairs, three further double bedrooms are complemented by a well-sized bathroom. Notably, the property also includes approved planning permission for the conversion of an expansive workshop into a 2-bedroom annexe, which could significantly enhance rental potential or serve as guest accommodation. Accessed via double gates from the driveway, the workshop measures over 21 feet in length and provides both power and lighting, allowing for various conversion possibilities. With a large enclosed garden featuring established landscaping—including one of the last remaining pear trees from Greg Hall Estate—this property offers substantial potential not only for personalisation but also for value appreciation in a sought-after East Midlands location.

Investment Analysis

(LN6 area)

Below Market Value

This property is priced -41.7% below area average per sq ft

-41.7%
Potential saving
This Property
£143/sq ft
Area Average
£246/sq ft
Avg Rent (weekly)
£235
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£641,873
10% above area average per sq ft
Potential ROI
+60.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
72
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LN6)

Area prices are stable by +1.6% over the last 12 months
3 year growth: +2.3%
5 year growth: +13.7%
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

Hykeham Road, Lincoln LN6
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,204
Based on a loan of £255,000 over 30 years at 3.91% 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

-2.9% since listed
£340,000£10,000(-2.9%)
20/04/2026
Current price
£350,000Initial listing
21/08/2025

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.