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Chestnut Grove, Waddington

East Midlands

£150,000
Listed on 31/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1110 sqft

Description

This three-bedroom dormer bungalow is nestled in a tranquil cul-de-sac within the sought-after Brant Road area of Waddington. Set on an expansive plot, the property presents significant renovation opportunities, making it an attractive option for investors or those interested in undertaking a full renovation project. For buyers looking to personalize their living space, this home offers ample room to adapt and enhance within a desirable residential setting that is conveniently located near Lincoln and local amenities. The home features a practical layout that includes an entrance hallway leading to various living spaces. The lounge serves as a spacious primary reception area with two front-facing windows and a gas fireplace, providing warmth and light. The kitchen is equipped with essential fixtures, including a stainless-steel sink and access to the rear garden, making it functional while leaving plenty of room for modern updates. A three-piece bathroom on the ground floor caters to everyday needs. On the first floor, two additional well-proportioned bedrooms provide versatile accommodation options, each with built-in storage solutions. The second bedroom overlooks the garden and has ample cupboard space, while the third bedroom benefits from eaves storage. The possibility of reconfiguring these spaces could greatly enhance their functionality depending on individual preferences. Outdoor space is another highlight of this property. The rear garden is enclosed and features mature trees alongside a lawn area and a slabbed patio—ideal for relaxation or outdoor entertaining. A brick-built garage adds utility, along with an additional garden shed for extra storage needs. Meanwhile, the front of the property boasts a block-paved driveway that accommodates multiple vehicles. Living in Waddington offers various benefits, including access to local schools, shops, and public houses. With regular bus services connecting residents to Lincoln and Grantham, this location balances tranquility with accessibility, making it perfect for families or professionals alike. Given its potential for modernization and expansion within this popular village atmosphere, this property stands out as a promising investment opportunity or personal project for those looking to create their ideal home.

Investment Analysis

(LN5 area)

Below Market Value

This property is priced -36.5% below area average per sq ft

-36.5%
Potential saving
This Property
£135/sq ft
Area Average
£213/sq ft
Avg Rent (weekly)
£178
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£259,951
10% above area average per sq ft
Potential ROI
+23.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (LN5)

Area prices are rising by +6.9% over the last 12 months
3 year growth: 3.6%
5 year growth: 8.9%
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.

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Location

Chestnut Grove, Waddington
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