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35 Cambridge Avenue, Lincoln

East Midlands

£199,950
Listed on 10/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1281 sqft

Description

This traditional mid-terrace property presents an excellent opportunity for those looking for a renovation project. Featuring a south-facing front with a classic bay-style window, the home is complemented by a small walled forecourt, adding to its curb appeal. Inside, the layout provides a solid foundation for reimagining the space. The ground floor includes a small entrance lobby leading into an inviting hallway, three versatile reception rooms, and a kitchen accompanied by a pantry. The first floor houses three bedrooms along with a family bathroom. One of the key highlights of this property is the delightful views from the rear, overlooking Lincoln’s West Common, which not only enhance the living experience but also add long-term value to your investment. While the property requires extensive refurbishment, it offers an ideal canvas for creative vision – whether that means modernizing existing features or reconfiguring spaces altogether. Its location adds to its appeal as it benefits from proximity to local amenities and green spaces, making it attractive to potential renters or buyers should you choose to invest further. With no onward chain complicating matters, this property stands out as an opportunity for both seasoned renovators and first-time investors looking to make their mark in a desirable area.

Investment Analysis

(LN1 area)

Below Market Value

This property is priced -32.4% below area average per sq ft

-32.4%
Potential saving
This Property
£156/sq ft
Area Average
£231/sq ft
Avg Rent (weekly)
£182
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£325,502
10% above area average per sq ft
Potential ROI
+16.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LN1)

Area prices are rising by +5.0% over the last 12 months
3 year growth: -8.4%
5 year growth: 4.8%
Investment Disclaimer: Analysis based on LN1 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

35 Cambridge Avenue, Lincoln
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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
£732
Based on a loan of £149,962 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