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Martin Street, Lincoln, Lincolnshire, LN5

East Midlands

£90,000
Listed on 10/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
712 sqft

Description

This three-bedroom mid-terrace house in a sought-after Lincoln neighborhood is perfect for buyers with an eye for renovation. Spread over two levels, the property features a lounge, dining room, a functional rear kitchen, and a bathroom on the ground floor. The upper floor hosts three bedrooms that offer versatility, whether for family living or potential rental options. While the property requires some modernization throughout, it holds significant promise for those looking to invest in a project. The low-maintenance rear garden and on-street parking add to its practical appeal. Conveniently located near local amenities and transport links to Lincoln city centre, this home presents an inviting opportunity in a well-established area.

Investment Analysis

(LN5 area)

Below Market Value

This property is priced -42.1% below area average per sq ft

-42.1%
Potential saving
This Property
£126/sq ft
Area Average
£218/sq ft
Avg Rent (weekly)
£184
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£170,973
10% above area average per sq ft
Potential ROI
+48.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (LN5)

Area prices are rising by +5.5% over the last 12 months
3 year growth: +1.5%
5 year growth: +3.5%
Investment Disclaimer: Analysis based on LN5 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

Martin Street, Lincoln, Lincolnshire, LN5
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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
£325
Based on a loan of £67,500 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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