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Park Lane, Heighington LN4

East Midlands

£425,000
Listed on 20/04/2026

Property Details

Bedrooms
3
Type
Detached
Area
2174 sqft

Description

This detached family residence occupies a prominent elevated position in the sought-after village of Heighington, offering expansive views and a generous plot filled with mature trees. The home is arranged over multiple levels, beginning with an entrance porch that leads to a spacious hall. A versatile study/bedroom and cloakroom are also located on the ground floor. The lower level features a sizeable lounge and an open dining/kitchen area that provides ample space for entertaining or family gatherings. The upper floors comprise three additional bedrooms, highlighted by a dressing area and an en-suite bathroom in the main bedroom, as well as a family bathroom. Outside, the extensive driveway leads to a triple garage and includes stables, catering to various interests such as equestrian pursuits. This property presents numerous possibilities for renovation and expansion, potentially increasing its value significantly—subject to obtaining the necessary permissions. Notably, there has been previous settlement activity; prospective buyers should conduct their own investigations into any further movement. The property is offered with no onward chain, making it an appealing opportunity for cash purchasers seeking to invest in an area rich in amenities and community spirit.

Investment Analysis

(LN4 area)

Below Market Value

This property is priced -18.4% below area average per sq ft

-18.4%
Potential saving
This Property
£195/sq ft
Area Average
£240/sq ft
Avg Rent (weekly)
£235
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£573,099
10% above area average per sq ft
Potential ROI
+18.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (LN4)

Area prices are rising by +3.5% over the last 12 months
3 year growth: -0.4%
5 year growth: +8.3%
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

Park Lane, Heighington LN4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,505
Based on a loan of £318,750 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

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