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Wragby Road, Uphill, Lincoln

East Midlands

£165,000
Listed on 10/08/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
797 sqft

Description

This semi-detached home offers a promising opportunity for renovation and investment potential, situated on the northern outskirts of Lincoln city centre. Its location is advantageous, being within walking distance of key amenities including Lincoln County Hospital and the historic Bailgate area, as well as proximity to shops, schools, and public transportation options. The property features three bedrooms and includes two well-defined reception areas: a spacious lounge and a bay-fronted dining room that provide a welcoming atmosphere. The kitchen, though compact at 6'8" x 9'5", offers a functional layout with potential for upgrades. The first floor boasts three bedrooms along with a generously sized landing that includes an airing cupboard. A notable feature is the shower room equipped with contemporary metro-style tiling. Outdoor space is practical yet low-maintenance; the fully paved rear garden ensures minimal upkeep while featuring an external water source. An attached garage, measuring 8'3" x 17'8", presents an additional project for refurbishment or conversion to enhance overall utility. Further updates in the home include uPVC double glazing throughout and a recently fitted gas central heating boiler (with a 10-year guarantee), providing peace of mind regarding essential systems. With its current configuration, this property provides ample scope for personal touches or modernization, making it suitable for both owner-occupiers looking to create their ideal living space and investors aiming to enhance rental yield. The front yard features block paving that accommodates off-street parking alongside a small lawn area. Given its strategic location and solid structure, this property represents a worthwhile investment opportunity with considerable potential for appreciation through targeted renovations.

Investment Analysis

(LN2 area)

Below Market Value

This property is priced -17.1% below area average per sq ft

-17.1%
Potential saving
This Property
£207/sq ft
Area Average
£250/sq ft
Avg Rent (weekly)
£220
Avg Yield
3.9%

Renovation Potential

Est. Renovation Cost
£16,500 - £41,250
10-25% of property value
Target Value
£218,868
10% above area average per sq ft
Potential ROI
+6.1%
After renovation
Monthly Sales
42
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (LN2)

Area prices are stable by +1.4% over the last 12 months
3 year growth: -1.7%
5 year growth: 16.5%
Investment Disclaimer: Analysis based on LN2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Wragby Road, Uphill, Lincoln
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