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Rookery Lane , Lincoln LN6 - Image 1
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Rookery Lane , Lincoln LN6

East Midlands

£145,000
Listed on 31/07/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
977 sqft

Description

This semi-detached house presents a unique opportunity for renovation and investment in a location that offers easy access to local amenities. With three bedrooms and spacious living areas, the property is ideal for those looking to create a personalized home or capitalize on its potential as an investment. The layout includes two reception rooms, which can be adapted to meet various needs—whether as a cozy lounge and separate dining area or reimagined into a home office or playroom. The kitchen, while functional, offers ample scope for modernization and customization to suit contemporary tastes. Each of the three bedrooms provides generous space, accommodating families or guests comfortably. The single bathroom stands ready for updates that reflect your vision. A key feature of this property is the driveway parking, enhancing convenience for families with multiple vehicles or frequent visitors. Its council tax band B status offers an additional benefit when considering overall ownership costs. Overall, this property is a promising canvas for those willing to invest time and effort into renovations. Its spacious layout combined with the potential for value enhancement makes it an appealing prospect for buyers looking to shape their dream home or secure a worthwhile investment in a well-connected area.

Investment Analysis

(LN6 area)

Below Market Value

This property is priced -39.1% below area average per sq ft

-39.1%
Potential saving
This Property
£148/sq ft
Area Average
£244/sq ft
Avg Rent (weekly)
£229
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£261,851
10% above area average per sq ft
Potential ROI
+41.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
63
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (LN6)

Area prices are rising by +2.3% over the last 12 months
3 year growth: 3.9%
5 year growth: 16.8%
Investment Disclaimer: Analysis based on LN6 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

Rookery Lane , Lincoln LN6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£531
Based on a loan of £108,750 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE