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Laughton Way, Lincoln, LN2

East Midlands

£160,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
921 sqft

Description

This three-bedroom property in Laughton Way, Lincoln, presents a promising opportunity for first-time buyers, growing families, or investors seeking rental prospects. Its location near Lincoln's city centre offers easy access to amenities including shopping, dining options, schools, and transport links, making daily errands convenient. Upon entering the home, you'll find a spacious lounge that benefits from ample natural light, providing an inviting space ready for your personal touch. The kitchen is functional with good storage capacity and is ripe for modern upgrades to enhance both utility and aesthetics. The property features three well-sized bedrooms that cater to diverse living arrangements, whether for family growth or a home office setup. Outside, the enclosed rear garden offers a secure area for relaxation or outdoor activities. Additional features include a driveway for off-road parking and an environmentally-conscious EPC rating of D with potential improvements available. This property not only serves as a comfortable residence but also as an investment opportunity due to its renovation potential and favorable location.

Investment Analysis

(LN2 area)

Below Market Value

This property is priced -29.7% below area average per sq ft

-29.7%
Potential saving
This Property
£174/sq ft
Area Average
£247/sq ft
Avg Rent (weekly)
£207
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£250,185
10% above area average per sq ft
Potential ROI
+35.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Laughton Way, 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
£586
Based on a loan of £120,000 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