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Hill Top, Waddington, Lincoln, LN5 - Image 1
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Hill Top, Waddington, Lincoln, LN5

East Midlands

£259,000
Listed on 14/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1141 sqft

Description

This three-bedroom detached cottage, located in the sought-after village of Waddington, presents a unique investment opportunity. Although well-maintained, the property offers potential for modernization and personal touches to truly make it your own. The generous living spaces include a lounge with a character fireplace and wood-burning stove, leading to a kitchen that connects seamlessly with the dining area. A walk-in pantry and utility room are practical features that enhance functionality. The spacious ground floor bathroom features a four-piece suite, while upstairs houses two double bedrooms and a third single bedroom, providing ample accommodation for families or guests. The rear garden boasts well-kept greenery and breathtaking cliff-edge views—ideal for outdoor entertaining or quiet relaxation. Additionally, private off-road parking for two vehicles is available via side access. Waddington itself is not only charming but also benefits from close proximity to Lincoln city centre, along with excellent local amenities and transport links via major roads such as the A15 and A46. This property’s appeal lies in its combination of character and potential for significant enhancement through renovation efforts.

Investment Analysis

(LN5 area)

Above Market Value

This property is priced +6.6% above area average per sq ft

+6.6%
This Property
£227/sq ft
Area Average
£213/sq ft
Avg Rent (weekly)
£184
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£267,148
10% above area average per sq ft
Potential ROI
-10.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (LN5)

Area prices are rising by +7.5% over the last 12 months
3 year growth: 3.5%
5 year growth: 9.7%
Investment Disclaimer: Analysis based on LN5 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

Hill Top, Waddington, Lincoln, LN5
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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
£949
Based on a loan of £194,250 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