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Rudgard Avenue, Cherry Willingham, Lincoln, Lincolnshire, LN3 - Image 1
Rudgard Avenue, Cherry Willingham, Lincoln, Lincolnshire, LN3 - Image 2
Rudgard Avenue, Cherry Willingham, Lincoln, Lincolnshire, LN3 - Image 3
Rudgard Avenue, Cherry Willingham, Lincoln, Lincolnshire, LN3 - Image 4
Rudgard Avenue, Cherry Willingham, Lincoln, Lincolnshire, LN3 - Image 5
Rudgard Avenue, Cherry Willingham, Lincoln, Lincolnshire, LN3 - Image 6
Rudgard Avenue, Cherry Willingham, Lincoln, Lincolnshire, LN3 - Image 7
Rudgard Avenue, Cherry Willingham, Lincoln, Lincolnshire, LN3 - Image 8
Rudgard Avenue, Cherry Willingham, Lincoln, Lincolnshire, LN3 - Image 9
Rudgard Avenue, Cherry Willingham, Lincoln, Lincolnshire, LN3 - Image 10
Rudgard Avenue, Cherry Willingham, Lincoln, Lincolnshire, LN3 - Image 11

Rudgard Avenue, Cherry Willingham, Lincoln, Lincolnshire, LN3

East Midlands

£300,000
Listed on 30/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1631 sqft

Description

This property presents a promising opportunity for investment in Cherry Willingham, featuring a spacious four-bedroom detached home set on a sizable corner plot. Notably, the property comes with approved planning permission for an extension of the current home, as well as for the construction of an additional three-bedroom detached dwelling on-site. The layout currently offers a welcoming entrance hallway leading to essential living spaces including a lounge diner, family room, and a fitted kitchen. The first floor hosts four well-proportioned bedrooms accompanied by a modern family bathroom. Outside, there exists a double garage that will need removal as per the planning requirements for the new build. This location boasts a supportive community with essential amenities and convenient transport links to Lincoln, making it an attractive residential area. Detailed plans for both the extension and new dwelling are available upon request, providing significant potential for value enhancement through renovation and development.

Investment Analysis

(LN3 area)

Below Market Value

This property is priced -25.2% below area average per sq ft

-25.2%
Potential saving
This Property
£184/sq ft
Area Average
£246/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£441,438
10% above area average per sq ft
Potential ROI
+13.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (LN3)

Area prices are stable by -1.2% over the last 12 months
3 year growth: -4.9%
5 year growth: +14.0%
Investment Disclaimer: Analysis based on LN3 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

Rudgard Avenue, Cherry Willingham, Lincoln, Lincolnshire, LN3
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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
£1,082
Based on a loan of £225,000 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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