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Jerusalem Road, Skellingthorpe, Lincoln, Lincolnshire, LN6 - Image 1
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Jerusalem Road, Skellingthorpe, Lincoln, Lincolnshire, LN6 - Image 3
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Jerusalem Road, Skellingthorpe, Lincoln, Lincolnshire, LN6

East Midlands

£240,000
Listed on 15/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
555 sqft

Description

This detached bungalow, featuring a charming bay front, is situated in the desirable village of Skellingthorpe in Lincolnshire. With its spacious gardens and substantial workshop facilities, this property offers attractive renovation opportunities for those looking to personalize their living space or invest in a rental project. The thoughtfully designed layout includes an inviting entrance hallway that leads to a bright bay-fronted lounge characterized by ample natural light and a feature fireplace. The fitted kitchen provides functional space for culinary activities, alongside two comfortable double bedrooms and a family bathroom. Recent upgrades include a new boiler, enhancing energy efficiency. Additionally, the property is equipped with CCTV and an alarm system for added security. Externally, the extensive driveway offers generous off-street parking, leading to a sizable detached garage/workshop measuring approximately 26 feet, alongside an additional workshop area of about 20 feet. These spaces present excellent potential for customization or conversion depending on your needs. The grounds consist of both front and rear gardens, providing outdoor living areas that can be tailored to suit various lifestyles. Notably, previous planning permission was granted for a single-storey extension at the rear of the home; although this has now lapsed, it remains a viable option for future development upon request. This property is being sold with no onward chain, making it an appealing opportunity for buyers eager to enhance its existing features or expand its footprint.

Investment Analysis

(LN6 area)

Above Market Value

This property is priced +77.5% above area average per sq ft

+77.5%
This Property
£432/sq ft
Area Average
£244/sq ft
Avg Rent (weekly)
£229
Avg Yield
5.0%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£148,748
10% above area average per sq ft
Potential ROI
-43.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
63
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (LN6)

Area prices are rising by +2.3% over the last 12 months
3 year growth: 3.9%
5 year growth: 16.8%
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

Jerusalem Road, Skellingthorpe, Lincoln, Lincolnshire, LN6
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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
£879
Based on a loan of £180,000 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