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Luton Close, Lincoln

East Midlands

£100,000
Listed on 13/04/2026

Property Details

Bedrooms
2
Type
End Of Terrace

Description

This two-bedroom end terrace house represents a valuable opportunity for those looking to invest or customize their living space. Located in the sought-after area of Birchwood, this property is being offered with no onward chain, allowing for a swift purchase process. The home is in need of comprehensive refurbishment, providing a blank canvas for potential buyers to develop it according to their vision. The layout features an entrance hall leading to a spacious lounge diner and a functional kitchen on the ground floor. Upstairs, there are two sizeable double bedrooms complemented by a family bathroom and a separate WC. The outdoor space includes a fully enclosed rear garden, ideal for landscaping or gardening enthusiasts, while the front provides off-road parking suitable for two vehicles. Birchwood boasts convenient access to local amenities, schools, parks, and transport links, making it an attractive location for future occupants. Whether you are considering a buy-to-let investment or creating your dream first home, this property could be an excellent fit.

Investment Analysis

(LN6 area)
Area Average
£246/sq ft
Avg Rent (weekly)
£235
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
72
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LN6)

Area prices are stable by +1.6% over the last 12 months
3 year growth: +2.3%
5 year growth: +13.7%
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

Luton Close, Lincoln
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£354
Based on a loan of £75,000 over 30 years at 3.91% 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.

Stamp Duty Calculator

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