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Cotman Walk, Lincoln, LN6

East Midlands

£130,000
Listed on 14/12/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This terraced home presents a valuable opportunity for first-time buyers and investors alike. With no onward chain, the purchase process is streamlined, making it an appealing choice for those eager to embark on a renovation project. The house features three bedrooms: two generously sized double rooms—one equipped with built-in wardrobes—and a cozy single room, allowing for versatile living arrangements suitable for families or shared accommodations. The bright reception area benefits from large windows that foster a welcoming ambiance, perfect for both relaxation and entertaining guests. A conservatory at the rear expands the living space and offers serene views of the private garden, ideal for outdoor dining or play areas. While the property requires renovation, this presents an excellent chance for the new owner to tailor the space to their preferences and increase its value. The compact kitchen is ripe for modernization, serving as an ideal groundwork for a stylish update. Located in a desirable neighborhood in Lincoln, residents will enjoy easy access to public transport options, reputable schools, local shops, and green spaces—enhancing everyday convenience. Externally, the home boasts an appealing garden with potential for landscaping or creating a tranquil retreat. This property is packed with potential; early viewing is advised to fully appreciate its possibilities.

Investment Analysis

(LN6 area)
Area Average
£244/sq ft
Avg Rent (weekly)
£229
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
63
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (LN6)

Area prices are rising by +2.3% over the last 12 months
3 year growth: 3.9%
5 year growth: 16.8%
Investment Disclaimer: Analysis based on LN6 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

Cotman Walk, Lincoln, LN6
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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
£476
Based on a loan of £97,500 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