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West View, 24 Lincoln Road, Digby

East Midlands

£269,500
Listed on 02/05/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1570 sqft

Description

Nestled on the edge of a sought-after village, this spacious three-bedroom detached home presents a unique opportunity for renovation and personalisation. The property boasts an unusually expansive rear garden, ideal for outdoor enthusiasts or those wishing to create a tranquil retreat. With its substantial garage and workshop, there is ample space for storage or potential hobbies. Inside, you'll find an entrance hall leading to various living spaces, including a lounge with an open fire, dining room, and an impressively sized kitchen diner measuring 18'4". The utility and boot rooms add convenience, while the three double bedrooms offer flexibility for families or visitors. Though the home requires some modernisation, it features essential amenities such as oil central heating and double glazing, providing a solid foundation to build upon. Given its non-estate location with picturesque countryside views, this property is ideally located within reach of local conveniences in Digby as well as nearby Ruskington. Viewing is highly encouraged to fully appreciate its potential.

Investment Analysis

(LN4 area)

Below Market Value

This property is priced -28.1% below area average per sq ft

-28.1%
Potential saving
This Property
£172/sq ft
Area Average
£239/sq ft
Avg Rent (weekly)
£211
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£412,321
10% above area average per sq ft
Potential ROI
+29.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (LN4)

Area prices are rising by +2.1% over the last 12 months
3 year growth: 0.4%
5 year growth: 14.2%
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

West View, 24 Lincoln Road, Digby
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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
£987
Based on a loan of £202,125 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