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Church Street, Hemswell DN21 - Image 1
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Church Street, Hemswell DN21

Yorkshire

£275,000
Listed on 09/12/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This development site presents a compelling opportunity for developers seeking to capitalize on the growing demand for residential properties in the charming village of Hemswell, Lincolnshire. With full planning permission already in place for four detached homes, this site is poised to transform former poultry buildings into desirable family residences within a welcoming rural setting. The prospective development features architect-designed homes spanning approximately 1,440 square meters (c. 15,500 sq. ft.), ideally situated within an exclusive gated environment. Furthermore, there is potential for an additional plot pending planning approval, broadening the scope for investment and profit. Hemswell offers convenient access to key transport links via the A15 and M180, with local train services providing direct routes to London Kings Cross. The surrounding area is well serviced by schools and amenities, enhancing the appeal of this project for both developers and future homeowners alike.

Investment Analysis

(DN21 area)
Area Average
£182/sq ft
Avg Rent (weekly)
£156
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (DN21)

Area prices are stable by +0.6% over the last 12 months
3 year growth: 3.2%
5 year growth: 14.4%
Investment Disclaimer: Analysis based on DN21 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

Church Street, Hemswell DN21
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,007
Based on a loan of £206,250 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