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Southdown, Lincoln, Lincolnshire, LN5

East Midlands

£200,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1132 sqft

Description

This three-bedroom detached house is situated in a desirable residential neighbourhood of Lincoln, presenting a significant opportunity for renovators and investors alike. With its spacious layout and ample natural light pouring through the large front windows, the property offers a great platform for modernisation. The kitchen is currently functional but ripe for reconfiguration, while the family bathroom's existing suite could benefit from a contemporary overhaul. The bedrooms vary in size, providing potential for versatile living arrangements or even a home office setup. Outside, the wraparound garden provides an excellent canvas for landscaping or future extensions (subject to planning consent) and comes with off-street parking. Located in Southdown, Lincoln, this home is close to essential amenities, schools, parks, and transport links—ideal for those who appreciate convenience alongside renovation potential.

Investment Analysis

(LN5 area)

Below Market Value

This property is priced -17.0% below area average per sq ft

-17.0%
Potential saving
This Property
£177/sq ft
Area Average
£213/sq ft
Avg Rent (weekly)
£184
Avg Yield
4.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£265,041
10% above area average per sq ft
Potential ROI
+6.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (LN5)

Area prices are rising by +7.5% over the last 12 months
3 year growth: 3.5%
5 year growth: 9.7%
Investment Disclaimer: Analysis based on LN5 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

Southdown, Lincoln, Lincolnshire, LN5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£733
Based on a loan of £150,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE