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Coulson Road, Lincoln, LN6

East Midlands

£120,000
Listed on 11/10/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom terraced house, situated in the vibrant heart of Lincoln's City Centre, presents an excellent opportunity for those looking to invest in a property with significant renovation potential. While the home is in need of modernization, it offers a spacious layout and desirable features that can be transformed into a highly functional living space. The ground floor welcomes you with an entrance hall that leads to both a dining room and a lounge, both complemented by natural light from well-placed windows. The lounge features a charming fireplace, adding character to the space. The kitchen, though requiring updates, is equipped with essential fittings including wall and base units, and plumbing for appliances—ideal for crafting a contemporary cooking area. Completing the ground floor is a bathroom that provides essential amenities while offering scope for modern upgrades. On the first floor, you'll find three bedrooms of varying sizes, each capable of being reconfigured or redesigned to suit different lifestyle needs. The larger bedroom includes built-in storage and overlooks the front aspect, while the other two bedrooms are well-positioned to take advantage of natural light. The outdoor space includes an enclosed paved garden at the rear, currently featuring flower borders and a shed—an area ripe for landscaping and personal touches. This property benefits from gas central heating and uPVC double glazing throughout, enhancing its appeal as an investment opportunity. Its prime location ensures easy access to local amenities including supermarkets, schools such as Lincoln St Peter at Gowts Church of England Primary School, and various shops—all within walking distance. With no onward chain involved in this sale, this property stands out as an inviting project for renovators seeking to unlock its full potential in one of Lincoln's most convenient locations.

Investment Analysis

(LN6 area)
Area Average
£244/sq ft
Avg Rent (weekly)
£227
Avg Yield
4.4%

Renovation Potential

Est. Renovation Cost
£12,000 - £30,000
10-25% of property value
Monthly Sales
44
Average per month
Market Turnover
43%
Properties sold annually

Local Market Trend (LN6)

Area prices are rising by +3.0% over the last 12 months
3 year growth: 4.8%
5 year growth: 18.1%
Investment Disclaimer: Analysis based on LN6 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Coulson Road, Lincoln, LN6
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