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Bunkers Hill, Lincoln, LN2

East Midlands

£240,000
Listed on 28/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1207 sqft

Description

This three-bedroom semi-detached house presents a promising renovation opportunity in a desirable area of Lincoln. With easy access to the Lincoln bypass, you’ll find yourself close to various local amenities such as shops, schools, and public transport, making this property attractive for both families and investors looking to add value. The layout includes an entrance porch leading into a hallway, a spacious lounge, dining room with French doors connecting to the kitchen, and a conservatory that opens up to the rear garden. The upper floor comprises two double bedrooms and a single bedroom, complemented by a family bathroom. Outside, the property benefits from driveway parking along with a single garage, an outhouse, an outdoor WC, and a generous garden that offers potential for landscaping or extension (subject to planning). This home is currently rated EPC D and offers freehold tenure.

Investment Analysis

(LN2 area)

Below Market Value

This property is priced -20.8% below area average per sq ft

-20.8%
Potential saving
This Property
£199/sq ft
Area Average
£251/sq ft
Avg Rent (weekly)
£202
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£333,385
10% above area average per sq ft
Potential ROI
+23.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (LN2)

Area prices are falling by -5.2% over the last 12 months
3 year growth: -7.0%
5 year growth: +1.9%
Investment Disclaimer: Analysis based on LN2 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

Bunkers Hill, Lincoln, LN2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£866
Based on a loan of £180,000 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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