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Prince William Road, Newtoft, LN8

East Midlands

£134,000
Listed on 01/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This spacious end terrace house presents a remarkable opportunity for cash buyers looking to invest in a property that requires modernisation. Nestled on a larger than average plot, the home includes an entrance hall leading into a lounge diner with a feature fireplace, a functional kitchen with ample storage, and a utility room ideal for appliances. A conservatory provides additional living space with access to the rear garden, enhancing the potential for expansion or outdoor living. The first floor features three bedrooms and both a WC and bathroom, while outside, low maintenance gardens flank the house along with an adaptable workshop that could serve various purposes. With an extra parcel of hardstanding land suitable for parking or storage, this property is perfect for those prepared to undertake improvements and make it their own. Located in Newtoft, a charming rural hamlet close to Market Rasen and Lincoln, this residence offers excellent investment potential without any onward chain.

Investment Analysis

(LN8 area)
Area Average
£224/sq ft
Avg Rent (weekly)
£201
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (LN8)

Area prices are falling by -9.2% over the last 12 months
3 year growth: -3.7%
5 year growth: +13.9%
Investment Disclaimer: Analysis based on LN8 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

Prince William Road, Newtoft, LN8
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£483
Based on a loan of £100,500 over 30 years at 4.06% 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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