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Washdyke Lane, Nettleham, Lincoln LN2 - Image 1
Washdyke Lane, Nettleham, Lincoln LN2 - Image 2
Washdyke Lane, Nettleham, Lincoln LN2 - Image 3

Washdyke Lane, Nettleham, Lincoln LN2

East Midlands

£450,000
Listed on 17/03/2026

Property Details

Bedrooms
10
Type
Land

Description

This offering presents a distinctive chance to acquire three residential building plots with detailed planning permission situated in the attractive village of Nettleham, just north of Lincoln. Each plot is sanctioned for the construction of contemporary family homes, providing developers or investors a promising opportunity to create bespoke dwellings in a desirable community known for its robust local amenities and proximity to Lincoln. The opportunity lies not only in the approved designs but also in the potential for crafting individual homes that resonate with modern living preferences while maintaining harmony with the established surrounding environment. Notably, extensive research and surveys conducted by the vendor are available upon request, ensuring informed decisions can be made. The designated plots include: - **Plot 1:** Approved for a detached home covering approximately 140m² (1,507 sq ft), this design includes a spacious open-plan area and flexible room usage, allowing for customization to suit family needs. - **Plot 2:** Similar in size and layout to Plot 1, it offers additional practical features catering to today's lifestyle demands, including space for home office use. - **Plot 3:** The largest of the three at around 174m² (1,873 sq ft), this design emphasizes flexibility with five bedrooms and multiple living spaces tailored for family comfort. Nettleham itself boasts a commendable selection of local shops, schools, and transport links that enhance its appeal as an investment location. This prospect is particularly suitable for builders or those looking to enter the property development market in a well-regarded area.

Investment Analysis

(LN2 area)
Area Average
£251/sq ft
Avg Rent (weekly)
£202
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
50
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (LN2)

Area prices are falling by -3.4% over the last 12 months
3 year growth: -5.7%
5 year growth: +2.8%
Investment Disclaimer: Analysis based on LN2 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

Washdyke Lane, Nettleham, Lincoln LN2
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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
£1,623
Based on a loan of £337,500 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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