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Landmere Grove, Lincoln

East Midlands

£310,000
Listed on 31/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1176 sqft

Description

This four-bedroom link-detached home features a remarkable garden that overlooks a serene lake, presenting an ideal opportunity for families and investors alike. The property is well-maintained and boasts modern interiors, yet it offers potential for expansion or renovation (subject to necessary planning permissions). Situated on a spacious plot, the home includes appealing features such as a log burner in the lounge/diner and beautifully landscaped outdoor areas that provide multiple settings for relaxation. The generous living space offers an open-plan design filled with natural light, connecting seamlessly to the outdoor area. Upstairs, four bedrooms provide ample accommodation, while the family bathroom is equipped with contemporary fittings. A sizable driveway and integral garage enhance practicality. The extensive garden layout not only creates a peaceful retreat but also holds significant promise for future development, making this property a valuable long-term investment in a convenient Lincoln location.

Investment Analysis

(LN6 area)

Above Market Value

This property is priced +7.9% above area average per sq ft

+7.9%
This Property
£264/sq ft
Area Average
£244/sq ft
Avg Rent (weekly)
£226
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£316,091
10% above area average per sq ft
Potential ROI
-9.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
67
Average per month
Market Turnover
37%
Properties sold annually

Local Market Trend (LN6)

Area prices are rising by +3.2% over the last 12 months
3 year growth: +4.2%
5 year growth: +16.4%
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

Landmere Grove, Lincoln
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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
£1,118
Based on a loan of £232,500 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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