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Skirth Road, Billinghay, Lincoln

East Midlands

£90,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
814 sqft

Description

Situated in the sought-after village of Billinghay, this three-bedroom semi-detached house offers a substantial renovation opportunity for investors and homebuyers alike. The property features three flexible reception areas, including a lounge that boasts an open fire, and a separate sitting room and dining room that can be adapted to meet various living arrangements. The upstairs comprises three bedrooms, providing ample space for reconfiguration according to individual preferences. The exterior of the property includes generous gardens at both the front and side, offering plenty of scope for landscaping or even potential extensions (subject to planning permission). Complemented by a driveway that accommodates multiple vehicles and a detached garage, this home is ideal for those looking to enhance their investment. Currently lacking central heating but equipped with uPVC double-glazed windows throughout, the property is primed for modernization, making it an ideal project for savvy developers or owner-occupiers seeking to create their ideal family residence in a desirable village setting.

Investment Analysis

(LN4 area)

Below Market Value

This property is priced -53.7% below area average per sq ft

-53.7%
Potential saving
This Property
£111/sq ft
Area Average
£239/sq ft
Avg Rent (weekly)
£211
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£213,777
10% above area average per sq ft
Potential ROI
+52.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (LN4)

Area prices are rising by +2.1% over the last 12 months
3 year growth: 0.4%
5 year growth: 14.2%
Investment Disclaimer: Analysis based on LN4 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

Skirth Road, Billinghay, Lincoln
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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
£330
Based on a loan of £67,500 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