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Willingham Avenue, Lincoln LN2

East Midlands

£140,000
Listed on 23/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
864 sqft

Description

Nestled at the intersection of Willingham Avenue and Laughton Way, this semi-detached property north of Lincoln is ripe with potential for renovation enthusiasts and savvy investors. The house features three spacious bedrooms, a combined lounge/diner, a functional kitchen, and a bathroom upstairs, providing a solid foundation to craft an inviting family residence. <br><br>The large corner plot offers generous outdoor space that not only enhances its appeal but also presents exciting opportunities for expansion—be it extending the house or creating a substantial driveway (subject to planning permissions). <br><br>One of the property's key advantages is the absence of an onward chain, facilitating a straightforward purchase experience. Its prime location ensures easy access to local educational facilities and essential amenities, which greatly adds to its attractiveness for both families and investors alike. <br><br>This property serves as a remarkable canvas to develop into either an ideal family home or a lucrative investment in a thriving community. Schedule a viewing today to explore the possibilities this property can bring.

Investment Analysis

(LN2 area)

Below Market Value

This property is priced -34.4% below area average per sq ft

-34.4%
Potential saving
This Property
£162/sq ft
Area Average
£247/sq ft
Avg Rent (weekly)
£207
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£234,701
10% above area average per sq ft
Potential ROI
+34.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (LN2)

Area prices are falling by +3.0% over the last 12 months
3 year growth: -4.1%
5 year growth: 8.7%
Investment Disclaimer: Analysis based on LN2 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

Willingham Avenue, Lincoln LN2
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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
£513
Based on a loan of £105,000 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