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3 St. Michaels Close, Billinghay, Lincoln, Lincolnshire, LN4 4EZ - Image 1
3 St. Michaels Close, Billinghay, Lincoln, Lincolnshire, LN4 4EZ - Image 2
3 St. Michaels Close, Billinghay, Lincoln, Lincolnshire, LN4 4EZ - Image 3
3 St. Michaels Close, Billinghay, Lincoln, Lincolnshire, LN4 4EZ - Image 4
3 St. Michaels Close, Billinghay, Lincoln, Lincolnshire, LN4 4EZ - Image 5
3 St. Michaels Close, Billinghay, Lincoln, Lincolnshire, LN4 4EZ - Image 6
3 St. Michaels Close, Billinghay, Lincoln, Lincolnshire, LN4 4EZ - Image 7
3 St. Michaels Close, Billinghay, Lincoln, Lincolnshire, LN4 4EZ - Image 8
3 St. Michaels Close, Billinghay, Lincoln, Lincolnshire, LN4 4EZ - Image 9
3 St. Michaels Close, Billinghay, Lincoln, Lincolnshire, LN4 4EZ - Image 10
3 St. Michaels Close, Billinghay, Lincoln, Lincolnshire, LN4 4EZ - Image 11
3 St. Michaels Close, Billinghay, Lincoln, Lincolnshire, LN4 4EZ - Image 12
3 St. Michaels Close, Billinghay, Lincoln, Lincolnshire, LN4 4EZ - Image 13
3 St. Michaels Close, Billinghay, Lincoln, Lincolnshire, LN4 4EZ - Image 14

3 St. Michaels Close, Billinghay, Lincoln, Lincolnshire, LN4 4EZ

East Midlands

£180,000

Listed on 23/01/2026

Property Details

Bedrooms
3
Type
Detached
Area
1221 sqft

Description

This three-bedroom detached house, located in a spacious plot within the village of Billinghay, presents a prime opportunity for renovation and investment. The property is currently vacant and requires a complete refurbishment, allowing you to customize the living space to your preferences. Once updated, this home has the potential to serve as a family residence or as a profitable buy-to-let investment. The accommodation includes an entrance hall with storage, a lounge/diner with dual aspects for natural light, and a kitchen equipped with essential fittings. Additionally, there's a utility room leading to a rear porch that connects to the single garage. Upstairs features three well-proportioned bedrooms and a wet room. Outside, both front and rear gardens offer ample space for landscaping or garden maintenance improvements. This property benefits from mains water, electricity, main sewer connections, and heating via an air source heat pump. With its extensive refurbishing needs, it allows for considerable value appreciation post-renovation.

Investment Analysis

(LN4 area)

Below Market Value

This property is priced -38.6% below area average per sq ft

-38.6%
Potential saving
This Property
£147/sq ft
Area Average
£240/sq ft
Avg Rent (weekly)
£239
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£322,545
10% above area average per sq ft
Potential ROI
+34.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (LN4)

Area prices are rising by +2.5% over the last 12 months
3 year growth: -0.8%
5 year growth: +7.8%
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

3 St. Michaels Close, Billinghay, Lincoln, Lincolnshire, LN4 4EZ
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£642
Based on a loan of £135,000 over 30 years at 3.97% 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

Price History

-5.3% since listed
£180,000£10,000(-5.3%)
28/02/2026
Current price
£190,000Initial listing
25/01/2026

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