Worst House on the Street Logo
Chelmsford Street, Lincoln, Lincolnshire, LN5 - Image 1
Chelmsford Street, Lincoln, Lincolnshire, LN5 - Image 2
Chelmsford Street, Lincoln, Lincolnshire, LN5 - Image 3
Chelmsford Street, Lincoln, Lincolnshire, LN5 - Image 4

Chelmsford Street, Lincoln, Lincolnshire, LN5

East Midlands

£135,000
Listed on 25/11/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom terraced house represents a valuable opportunity for investors in the competitive LN5 region of Lincoln. Ideally located within easy walking distance to the University of Lincoln and various local amenities, this property has a strong rental history with consistent demand from students. It features two spacious bedrooms, a functional kitchen, a well-sized bathroom, and a private rear garden, all tailored for student living. While currently yielding an annual income of £13,000 including bills, there is considerable potential for further enhancement through refurbishment or modernization efforts. The adaptable layout allows for creativity in redesigning spaces to appeal to prospective tenants and maximize rental income. In addition to its reliable income stream, this property is situated in a vibrant area known for excellent transport links and plentiful shops and eateries, which adds to its attractiveness as a rental investment. For those considering both immediate returns and future capital appreciation, this property offers substantial upside potential.

Investment Analysis

(LN5 area)
Area Average
£213/sq ft
Avg Rent (weekly)
£184
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (LN5)

Area prices are rising by +7.5% over the last 12 months
3 year growth: 3.5%
5 year growth: 9.7%
Investment Disclaimer: Analysis based on LN5 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

Chelmsford Street, Lincoln, Lincolnshire, LN5
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£495
Based on a loan of £101,250 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE