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Johnson Drive, Bracebridge Heath, Lincoln, Lincolnshire, LN4 - Image 1
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Johnson Drive, Bracebridge Heath, Lincoln, Lincolnshire, LN4

East Midlands

£165,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
908 sqft

Description

Located in a desirable residential neighborhood, this three-bedroom detached bungalow on Johnson Drive represents a promising opportunity for renovation enthusiasts and investors alike. With a well-laid-out floor plan that includes an Entrance Hall, Lounge, Dining Room, Kitchen/Breakfast Room, three Bedrooms (including a master with WC), and a Family Shower Room, the property offers ample space to modernize and personalize according to your preferences. The generous outdoor area features off-street parking, a garage, and a private rear garden—perfect for those looking to enhance their living environment. While the interior is in need of some modern updates, it provides significant potential for creating a stylish and comfortable home. The location benefits from nearby local amenities such as shops, takeaways, pubs, and schools, along with excellent transport links to Lincoln City Centre. This property is an excellent canvas for first-time buyers or seasoned investors aiming to increase value through thoughtful renovations.

Investment Analysis

(LN4 area)

Below Market Value

This property is priced -23.9% below area average per sq ft

-23.9%
Potential saving
This Property
£182/sq ft
Area Average
£239/sq ft
Avg Rent (weekly)
£211
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£238,464
10% above area average per sq ft
Potential ROI
+22.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (LN4)

Area prices are rising by +2.1% over the last 12 months
3 year growth: 0.4%
5 year growth: 14.2%
Investment Disclaimer: Analysis based on LN4 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

Johnson Drive, Bracebridge Heath, Lincoln, Lincolnshire, LN4
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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
£604
Based on a loan of £123,750 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