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Western Avenue, Lincoln, LN6

East Midlands

£220,000
Listed on 26/12/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This two-bedroom detached bungalow, positioned in the desirable Boutham Park area, presents a solid opportunity for those looking to invest in a property with considerable renovation potential. Within a short walking distance to local amenities including shops, schools, and medical facilities, this home is ideally located for convenience. The interior layout features an entrance porch leading to a spacious hall, a lounge diner that opens into a conservatory, and a well-proportioned breakfast kitchen. The two double bedrooms offer ample space alongside a bathroom and separate WC. Externally, the property benefits from an enclosed rear lawned garden and patio area, perfect for outdoor enjoyment or gardening enthusiasts. Additionally, there is off-street parking available via a block-paved driveway leading to a single detached garage. The home is equipped with gas central heating and uPVC double glazing but requires modernization throughout, enabling new owners to tailor their living space as they see fit. Importantly, this property is offered with no onward chain.

Investment Analysis

(LN6 area)
Area Average
£244/sq ft
Avg Rent (weekly)
£229
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
63
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (LN6)

Area prices are rising by +2.3% over the last 12 months
3 year growth: 3.9%
5 year growth: 16.8%
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

Western Avenue, Lincoln, LN6
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£806
Based on a loan of £165,000 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