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Lincoln Road, Wragby

East Midlands

£450,000
Listed on 19/02/2026

Property Details

Bedrooms
4
Type
Detached house

Description

This characterful detached family home boasts significant potential for renovation and investment, situated in a charming market town with convenient access to local amenities. The property features a spacious private garden, complete with an outdoor covered kitchen area ideal for entertaining. Notably, there is an outbuilding that comes with outline planning permission for conversion into a one-bedroom annexe, enhancing options for multi-generational living or rental income opportunities, subject to the necessary approvals. Inside, the residence offers a blend of traditional charm and modern conveniences. The spacious reception hall leads you through various well-sized living areas, including a lounge with a feature brick fireplace and log burner, a dining room with an open stone fireplace, and a breakfast kitchen equipped with essential appliances. Four bedrooms are available, including one with a vaulted beam ceiling creating an inviting atmosphere. The family bathroom is fitted with attractive fixtures such as a free-standing roll-top bath and corner shower cubicle. The attached boot/boiler room provides practicality while the garage/workshop space allows for further expansion possibilities. The expansive outdoor area enhances the property's appeal and provides room for creative landscaping or restructuring to maximize its use. This home presents a rare opportunity to acquire not just a residence but also an investment opportunity that could yield substantial rewards through renovation efforts.

Investment Analysis

(LN8 area)
Area Average
£224/sq ft
Avg Rent (weekly)
£201
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £75,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (LN8)

Area prices are falling by -9.2% over the last 12 months
3 year growth: -3.7%
5 year growth: +13.9%
Investment Disclaimer: Analysis based on LN8 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

Lincoln Road, Wragby
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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
£1,623
Based on a loan of £337,500 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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