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Camwood Crescent, Lincoln

East Midlands

£150,000
Listed on 13/04/2025

Property Details

Bedrooms
2
Type
Semi Detached
Area
734 sqft

Description

This semi-detached house features two spacious double bedrooms and is located in the Birchwood area of Lincoln, close to various local amenities. Owned since the early 1990s, the property presents a fantastic opportunity for renovation, allowing for potential upgrades and customization. The layout spans two floors, with a welcoming entrance hall leading to a sizeable lounge (19'8") and a kitchen (8'6" x 12'3"), both offering ample light through uPVC double glazed windows. Upstairs are two well-sized bedrooms alongside a first-floor bathroom featuring essential fittings. Outside, an enclosed rear garden complements the property, complete with a brick-built outbuilding for storage. The front of the home includes a driveway with gated access—which adds convenience. Although equipped with gas central heating and double glazing, the property requires comprehensive refurbishment to realize its full potential. This could be an excellent investment for buyers looking to enhance their living space or create rental opportunities.

Investment Analysis

(LN6 area)

Below Market Value

This property is priced -16.9% below area average per sq ft

-16.9%
Potential saving
This Property
£204/sq ft
Area Average
£246/sq ft
Avg Rent (weekly)
£235
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£198,540
10% above area average per sq ft
Potential ROI
+4.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
72
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LN6)

Area prices are stable by +1.6% over the last 12 months
3 year growth: +2.3%
5 year growth: +13.7%
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

Camwood Crescent, Lincoln
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£531
Based on a loan of £112,500 over 30 years at 3.91% 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.

Stamp Duty Calculator

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