Wood Lane, South Hykeham, LN6
Lovelle Estate Agency logo

Wood Lane, South Hykeham, LN6

By Lovelle Estate Agency

£ 70,000

Reviews

3 out of 5 stars

Lovelle Estate Agency says ..

A charming park home in a peaceful location, perfect for over 55s, with two double bedrooms and open-plan reception room, in need of modernisation but full of potential.

Property Oracle says ..

This park home located on Wood Lane, South Hykeham, is listed at £70,000. The property includes two bedrooms and one bathroom, spanning 925 square feet. The property benefits from a location close to local amenities and transport links. Several schools with good Ofsted ratings are within a reasonable distance, making it potentially attractive to families. The proximity to Hykeham train station provides convenient access to other areas. Based on the provided images, the property appears to be in relatively good condition for its age, though some modernisation may be desired by some buyers. The decor is dated, but the structure and fixtures seem well-maintained. There is evidence of a garden, although its size is not specified. Considering the average house price in the area is significantly higher (£617,857) and the average price per square foot is £544, the listed price of £70,000 for this park home appears to be very reasonable. However, it’s important to note that park homes typically command lower prices than traditional properties. The price reflects the smaller size and different property type compared to the surrounding detached houses. The property’s location, condition, and price relative to the market make it a potentially attractive option for buyers seeking an affordable home in a convenient location, particularly those who may not require a large amount of space. The presence of a garden adds to its appeal.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
9
Condition
7
Location
8
Land
6
Bedrooms
2
Bathrooms
1
Sqft (est)
925.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
921,429.00 £
Increased by 70.18 %
from 541,443.00 £
Est sale value
1,040,625.00 £
Increased by 95.99 %
from 530,950.00 £
Average area rental value
1,672.00 £/mo
Decreased by 4.68 %
from 1,754.00 £/mo
Est letting value
1,850.00 £/mo
Increased by 100.00 %
from 925.00 £/mo
Est rental Yield
2.18 %
Decreased by 43.96 %
from 3.89 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Lovelle Estate Agency marked this listing as sold.

  • Lovelle Estate Agency created the listing.

Nearby Schools

NameTypeOfstedDistance
Manor Farm AcademyAcademy Sponsor LedGood1.78 KM
George Johnson Education CentreOther Independent School2.26 KM
The St Michael'S Church Of England Primary School, Thorpe On The HillVoluntary Controlled SchoolGood2.38 KM
North Kesteven AcademyAcademy ConverterGood2.56 KM
North Hykeham Joint Sixth FormSixth Form Centres2.56 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Broxburn Park £ 000.00 KM
Acorn Drive £ 000.00 KM
Nightingale Close £ 000.00 KM
The Drove £ 000.00 KM
A46 £ 325,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Hykeham6310HKM2.57 KM
Swinderby6355SWD9.28 KM

Nearby Listings

AddressPriceTypeScoreDistance
Wood Lane, South Hykeham, LN6 £ 70,000BUY7 / 100.00 KM
Broxburn Park, South Hykeham, Lincoln, LN6 £ 160,000BUY7 / 100.13 KM
Wood Lane, South Hykeham £ 625,000BUY7 / 100.20 KM
Thorpe Lane, South Hykeham, LN6 £ 240,000BUY6 / 100.29 KM
Thorpe Lane, South Hykeham, LN6 £ 500,000BUY8 / 100.30 KM

Nearby Properties

AddressPriceDistance
6 Wood Lane £ 570,0000.20 KM
2 Wood Lane £ 215,0000.20 KM
2 Thorpe Lane £ 225,0000.30 KM
24 Thorpe Lane £ 135,0000.30 KM
10a Thorpe Lane £ 320,0000.30 KM