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Belmont Street, Lincoln, Lincolnshire, LN2 - Image 1
Belmont Street, Lincoln, Lincolnshire, LN2 - Image 2
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Belmont Street, Lincoln, Lincolnshire, LN2

East Midlands

£100,000
Listed on 12/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
934 sqft

Description

Located in a desirable residential neighbourhood of Lincoln, this three-bedroom terraced house on Belmont Street presents significant renovation opportunities for those looking to enhance value and modernise. The layout features two spacious reception rooms that can serve as versatile living and dining areas, along with a practical downstairs bathroom and rear kitchen space. On the upper level, you will find three well-sized bedrooms, each offering potential for reconfiguration or redesign. This property is primed for refurbishment, making it an excellent prospect for investors or first-time buyers eager to put their personal stamp on a home. Its strategic location near local amenities, schools, and transport links adds to its appeal, ensuring both convenience and investment potential for future resale or rental income.

Investment Analysis

(LN2 area)

Below Market Value

This property is priced -57.4% below area average per sq ft

-57.4%
Potential saving
This Property
£107/sq ft
Area Average
£251/sq ft
Avg Rent (weekly)
£202
Avg Yield
3.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£257,980
10% above area average per sq ft
Potential ROI
+84.3%
After renovation
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

Belmont Street, Lincoln, Lincolnshire, LN2
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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
£361
Based on a loan of £75,000 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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