Mundys says ..
DEVELOPMENT OPPORTUNITY - NO ONWARD CHAIN! A fantastic opportunity to acquire a four bedroom detached cottage on a plot of approximately 0.19 acres (STS), in need of full renovation, but offering great potential, located in the heart of the popular village of Heighington. The internal accommodati...
Property Oracle says ..
This four-bedroom detached cottage in Heighington, Lincolnshire, presents itself as a substantial development opportunity. Situated on Beck Lane, the property benefits from the village’s amenities and proximity to Lincoln. The listing highlights the potential the property holds but openly states its need for full renovation. The images reveal dated interiors, with original features and fittings that would require complete updating to meet modern living standards. The exterior shows a traditional brick construction that appears structurally sound. While the property is in need of modernisation, it offers a significant amount of living space across two stories and includes a moderate-sized garden, with potential for enhancements. The price reflects the condition and location but potential buyers should factor in significant renovation costs when assessing the value proposition. Given the location and plot size, this property could provide a valuable investment once renovated but presents a considerable undertaking for any potential purchaser.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 4
- Location
- 7
- Land
- 6
- Bedrooms
- 4
- Bathrooms
- 1
- Sqft (est)
- 1,621.30
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 %
- Est sale value
- 1,823,962.50 £Increased by 95.99 %
- Average area rental value
- 1,672.00 £/moDecreased by 4.68 %
- Est letting value
- 3,242.60 £/moIncreased by 100.00 %
- Est rental Yield
- 2.18 %Decreased by 43.96 %
- Crime Rate
- 12.00 %Unchanged by 0.00 %
Agent Activity
Mundys marked this listing as sold.
Mundys created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Heighington Millfield Primary Academy | Academy Converter | Good | 0.31 KM |
| Branston Community Academy | Academy Converter | Outstanding | 1.78 KM |
| Washingborough | Children's Centre Linked Site | 1.79 KM | |
| Washingborough Academy | Academy Converter | Good | 1.79 KM |
| Branston Junior Academy | Academy Converter | Good | 2.33 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Beck Lane | £ 375,000 | 0 | 0.00 KM |
| Alabala Lane | £ 0 | 0 | 0.00 KM |
| Grosvenor Mews | £ 0 | 0 | 0.00 KM |
| Scholars Way | £ 338,790 | 0 | 0.00 KM |
| Sacre Place | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Lincoln | 6340 | LCN | 9.14 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Beck Lane, Heighington, Lincoln | £ 375,000 | BUY | 6 / 10 | 0.00 KM |
| High Street, Heighington, Lincoln, Lincolnshire, LN4 | £ 335,000 | BUY | 7 / 10 | 0.10 KM |
| Welcome to Old Police House, High Street, Heighington, Lincoln, LN4 1RG | £ 650,000 | BUY | 8 / 10 | 0.12 KM |
| High Street, Heighington, Lincoln | £ 975,000 | BUY | 8 / 10 | 0.15 KM |
| Easom Way, Branston, Lincoln | £ 260,000 | BUY | 7 / 10 | 0.16 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| The Cottage | £ 136,000 | 0.03 KM |
| 2 Beck Lane | £ 242,000 | 0.03 KM |
| Middle Oak | £ 249,995 | 0.12 KM |
| 10 Potterhanworth Road | £ 210,000 | 0.19 KM |
| Heighington Hall | £ 800,000 | 0.19 KM |