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Manor Farm, Meadow Lane, South Hykeham, Lincoln, Lincolnshire LN6 - Image 1
Manor Farm, Meadow Lane, South Hykeham, Lincoln, Lincolnshire LN6 - Image 2
Manor Farm, Meadow Lane, South Hykeham, Lincoln, Lincolnshire LN6 - Image 3

Manor Farm, Meadow Lane, South Hykeham, Lincoln, Lincolnshire LN6

East Midlands

£385,000
Listed on 16/12/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1119 sqft

Description

This unique property encompasses two semi-detached homes, originally part of a historic farmhouse, paired with an array of traditional and modern agricultural buildings. Both residences, numbered 24 and 26, present a compelling investment opportunity for those looking to modernize while maintaining their character. The properties have significant potential to be transformed into contemporary living spaces, benefiting from ample natural light due to their south-facing orientation. Both houses require refurbishment: Number 26 retains many original features but needs updates throughout. Its spacious layout includes two large bedrooms on the first floor and partially converted loft space ready for completion. Conversely, Number 24 features a large kitchen complete with a log burner and an inviting reception room with an open fireplace, alongside two generous bedrooms and additional versatile space upstairs. The surrounding farm buildings provide further scope for development or alternative uses subject to planning permission. While they currently require attention due to weather damage, they offer the chance to expand or repurpose the site creatively. The substantial concrete yard adjacent to the residential units could facilitate various projects. Set back from the public highway in a tranquil village locale near South Hykeham, this property benefits from easy access to local amenities in North Hykeham and Lincoln. Commuters will appreciate the proximity to transport links allowing for straightforward journeys into London. Investors seeking a project with both residential and potential commercial avenues will find this property particularly appealing.

Investment Analysis

(LN6 area)

Above Market Value

This property is priced +41.2% above area average per sq ft

+41.2%
This Property
£344/sq ft
Area Average
£244/sq ft
Avg Rent (weekly)
£229
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£299,909
10% above area average per sq ft
Potential ROI
-40.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
63
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (LN6)

Area prices are rising by +2.3% over the last 12 months
3 year growth: 3.9%
5 year growth: 16.8%
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

Manor Farm, Meadow Lane, South Hykeham, Lincoln, Lincolnshire LN6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,410
Based on a loan of £288,750 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE