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West Bank, Saxilby, Lincoln

East Midlands

£210,000
Listed on 10/11/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1060 sqft

Description

This three to four-bedroom semi-detached home presents a remarkable renovation opportunity for those looking to invest in property or create their ideal living space. Nestled on the outskirts of the charming village of Saxilby, the home is conveniently located within walking distance to local shops, essential amenities, and the village train station, which provides direct access to Lincoln and surrounding areas. The property requires comprehensive refurbishment throughout, making it an excellent canvas for modernisation. The ground floor layout includes an entrance porch that transitions into a lounge, an inner hallway leading to a dining room, a kitchen with external access, and a ground-floor bathroom. On the first floor, there are two bedrooms; one of these has an adjoining room that could serve as either a dressing area or the potential fourth bedroom. Ascending to the second floor reveals an additional double bedroom, enhancing the home's capacity. Externally, the property is complemented by off-road parking available via a driveway that leads to a detached garage. The rear garden offers ample space for landscaping and improvements, allowing for outdoor enhancements suited to personal preferences. Saxilby itself is a well-equipped village featuring various local amenities such as schools, shops, and pubs. With regular bus and train services connecting residents to Lincoln and beyond, this location offers practical advantages along with its investment potential. This property is presented with no onward chain, encouraging immediate exploration of the possible transformations it can undergo.

Investment Analysis

(LN1 area)

Below Market Value

This property is priced -14.2% below area average per sq ft

-14.2%
Potential saving
This Property
£198/sq ft
Area Average
£231/sq ft
Avg Rent (weekly)
£182
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£269,346
10% above area average per sq ft
Potential ROI
-10.2%
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

West Bank, Saxilby, 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
£769
Based on a loan of £157,500 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