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Grantham Road, Waddington, Lincoln, Lincolnshire, LN5 - Image 1
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Grantham Road, Waddington, Lincoln, Lincolnshire, LN5 - Image 3
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Grantham Road, Waddington, Lincoln, Lincolnshire, LN5

East Midlands

£325,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1998 sqft

Description

This spacious three-bedroom detached bungalow offers an exciting opportunity for renovation in a desirable location. Set in the charming village of Waddington, this property features a substantial layout that includes an entrance porch, internal hallway, lounge, kitchen with utility room, WC, reception room, and three generously sized bedrooms, along with a larger than average four-piece family bathroom. Characterized by classic bay windows and distinctive pale green brickwork, the property presents a unique canvas for modernisation. The generous driveway provides ample off-road parking and leads to a sizeable garage that could serve as either vehicle storage or a workshop. Surrounding the home is a tranquil wrap-around garden filled with mature trees and landscaped paths—ideal for those inclined towards gardening or outdoor leisure. The property’s potential is further enhanced by its proximity to Lincoln city centre and the community amenities of Waddington. Notably, the sellers are exploring outline planning permission options, which could facilitate additional development opportunities. A solid investment for those looking to add value through refurbishment.

Investment Analysis

(LN5 area)

Below Market Value

This property is priced -23.6% below area average per sq ft

-23.6%
Potential saving
This Property
£163/sq ft
Area Average
£213/sq ft
Avg Rent (weekly)
£184
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£467,802
10% above area average per sq ft
Potential ROI
+24.7%
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

Grantham Road, Waddington, Lincoln, Lincolnshire, 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
£1,191
Based on a loan of £243,750 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