Park Lane, Heighington LN4
East Midlands
£425,000
Listed on 10/10/2026
Listed on 10/10/2026
The listing
Property details
Bedrooms
3Type
DetachedArea
2174 sqftFeatures
- Garage
- Parking
Description
This detached three-bedroom home in Heighington is arranged over several levels and includes a study or additional bedroom, a spacious lounge, a kitchen and dining area, a dressing area, an en-suite bathroom, a family bathroom and a separate cloakroom. The accommodation also includes a lower-level hallway and a utility or washroom area with plumbing for a washing machine.
The property stands on an extensive mature plot with lawns, established trees and shrubs, and open views from its elevated position. Access is via Alabala Lane, with a large driveway, a triple garage and a separate stable block. The listing notes potential to extend or alter, subject to the necessary permissions. The vendor has disclosed a previous settlement or subsidence insurance claim with remedial works completed, alongside possible signs of further minor movement; buyers are advised to make their own investigations, and the agent indicates the property may suit cash purchasers. It is offered with no onward chain.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
74out of 100
Grade BGood opportunity
Confidence: MEDIUM
This is a good-value opportunity to acquire a substantial detached home: the £425,000 asking price works out at £195/sq ft, around 19% below the local average. The interiors are usable but dated, giving a buyer scope for a light cosmetic refresh rather than a major overhaul; the asking price plus the stated £5,000–£13,000 renovation range is also well below the implied current local-average value, though that comparison is not a GDV or a full cost calculation.
The extensive mature plot, open views, large driveway, triple garage and stable block give the property a distinctive canvas, with further alteration or extension potential subject to permissions. Check the disclosed movement history and inspect the visible ceiling crack, flat-roofed sections and weathered external timber as part of due diligence.
Key opportunities
- Refresh the dated but usable photographed interiors with a light cosmetic update.
- Make the most of the extensive mature plot, open views and established planting.
- Explore the potential uses of the triple garage and stable block, and possible alterations or extension subject to permissions.
Key risks
- The listing discloses a history of movement; investigate it and have the visible ceiling crack assessed.
- Inspect the flat-roofed lower sections and weathered external timber, as their condition is not established in the photos.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,606
Based on a loan of £318,750 over 30 years at 4.45% 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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