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Park Avenue, Lincoln, Lincolnshire, LN6 0BY - Image 1
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Park Avenue, Lincoln, Lincolnshire, LN6 0BY

East Midlands

£140,000
Listed on 15/10/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This two-bedroom detached bungalow is set on a generous plot of approximately 0.10 acres, offering significant potential for renovation and investment. While the property requires extensive refurbishment, its size and layout present an excellent opportunity for those looking to create a customized living space or even consider a redevelopment project. Located in a desirable area of Lincoln, this bungalow benefits from close proximity to local amenities, making it appealing for future residents. The neighborhood features essential services and recreational options that enhance the area’s livability. As you explore the possibilities for updating this home, consider how its spacious garden can be transformed into an outdoor retreat or landscaped to increase curb appeal. With thoughtful renovations, this property could become a charming residence or an attractive rental option. Given the current market conditions and the ongoing demand for quality housing in this location, investing in this bungalow could yield fruitful returns. Additionally, easy access to major roadways ensures convenient connectivity to surrounding areas, further enhancing its investment viability.

Investment Analysis

(LN6 area)
Area Average
£244/sq ft
Avg Rent (weekly)
£222
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
54
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (LN6)

Area prices are rising by +3.3% over the last 12 months
3 year growth: 4.6%
5 year growth: 17.7%
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.

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Location

Park Avenue, Lincoln, Lincolnshire, LN6 0BY
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