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Delph Road, Branston Booths, Lincoln

East Midlands

£199,950
Listed on 31/01/2026

Property Details

Bedrooms
2
Type
Detached house
Area
1012 sqft

Description

This unique detached bungalow features two bedrooms and is situated on an expansive plot of approximately 0.5 acres, providing ample space for creative renovation or potential redevelopment (subject to local planning permissions). Built in the post-war era with a timber frame, this property is classified as non-standard construction and includes a structural survey available for review. Currently, the interior has been left largely untouched and will require significant modernization, including the installation of a functional boiler. The property benefits from a private waste pump system connected to a nearby waste hub, ensuring essential utilities are in place. With various outbuildings included in the external grounds, there is notable opportunity for enhancing both living space and overall value. Located just a short drive from Lincoln City Centre, this offering is particularly suited for cash buyers or those with investment expertise looking to capitalize on its potential. Council tax band: B. Freehold.

Investment Analysis

(LN4 area)

Below Market Value

This property is priced -17.5% below area average per sq ft

-17.5%
Potential saving
This Property
£198/sq ft
Area Average
£239/sq ft
Avg Rent (weekly)
£216
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£266,556
10% above area average per sq ft
Potential ROI
-11.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (LN4)

Area prices are stable by +0.6% over the last 12 months
3 year growth: -1.1%
5 year growth: +11.0%
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

Delph Road, Branston Booths, 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
£721
Based on a loan of £149,962 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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