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Newfield Drive, North Kyme, Lincoln LN4 - Image 1
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Newfield Drive, North Kyme, Lincoln LN4

East Midlands

£140,000
Listed on 26/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1091 sqft

Description

This three-bedroom semi-detached property is set on a spacious plot with picturesque open field views at the rear, making it an appealing prospect for renovation enthusiasts and investors alike. Notably, this home is currently without central heating, which significantly impacts its pricing and presents a unique opportunity for buyers to modernise the space according to their vision. Inside, the layout includes an inviting entrance hall leading to a functional galley kitchen featuring a pantry. The expansive lounge diner offers ample room for family gatherings and flows into a bright conservatory, both of which overlook the garden. The first floor accommodates two good-sized double bedrooms, one single bedroom, and a family bathroom. Outside, you'll find practical outbuildings including storage options and an additional WC. The generous rear garden is particularly noteworthy for its lawned area adjacent to open fields—perfect for families or those seeking tranquility. With sufficient off-road parking available at the front and side of the property, this home has great potential to be transformed into a comfortable residence in a desirable location.

Investment Analysis

(LN4 area)

Below Market Value

This property is priced -46.2% below area average per sq ft

-46.2%
Potential saving
This Property
£128/sq ft
Area Average
£239/sq ft
Avg Rent (weekly)
£213
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£286,344
10% above area average per sq ft
Potential ROI
+59.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (LN4)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -0.1%
5 year growth: +10.6%
Investment Disclaimer: Analysis based on LN4 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

Newfield Drive, North Kyme, Lincoln LN4
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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
£505
Based on a loan of £105,000 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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