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East Liberty, Lincoln, Lincolnshire, LN2 5RE - Image 1
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East Liberty, Lincoln, Lincolnshire, LN2 5RE

East Midlands

£115,000
Listed on 17/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This semi-detached three-bedroom residence presents a significant refurbishment opportunity, ideal for investors or owner-occupiers keen to imprint their personal style. Nestled on a generous plot, the property requires crucial structural work including underpinning and installation of a new gas central heating system, targeting cash buyers for a streamlined transaction. The layout comprises an entrance hall leading to a spacious living room with an inviting bay window and central fireplace. Adjacent is a kitchen with adjoining dining area that opens up possibilities for modern design transformations. The utility room offers functional space, and the sunroom provides pleasant views of the rear garden, making it suitable for various uses. Upstairs are three bedrooms along with a family bathroom that is functional yet dated, providing another canvas for renovation enthusiasts. Outside, the expansive rear garden features both lawn and patio areas plus potential for off-street parking subject to necessary permissions. Conveniently located near local amenities and transport links to the city centre, this property not only offers immediate opportunities but also long-term investment potential in an appealing East Midlands neighbourhood.

Investment Analysis

(LN2 area)
Area Average
£251/sq ft
Avg Rent (weekly)
£202
Avg Yield
3.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£35,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (LN2)

Area prices are falling by -5.2% over the last 12 months
3 year growth: -7.0%
5 year growth: +1.9%
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

East Liberty, Lincoln, Lincolnshire, LN2 5RE
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£415
Based on a loan of £86,250 over 30 years at 4.06% 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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