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Peppercorn Close, Lincoln

East Midlands

£185,000
Listed on 02/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
904 sqft

Description

This spacious family residence, situated in a well-established cul-de-sac and conveniently located within walking distance to Lincoln city centre, presents a valuable opportunity for renovation and customization. While the home does require some modern updates, its foundational layout offers significant potential to transform it into a welcoming family haven. The accommodation consists of an entrance lobby, a generously sized 16'4 lounge that flows into the dining area of the kitchen, which is equipped with essential appliances and features a charming stable-style door leading to the enclosed rear garden. Upstairs, you will find three well-proportioned bedrooms and a functional bathroom, all awaiting your personal touch. Additional assets include a driveway, an integral garage with power supply, and a private garden that backs onto the River Witham offering both tranquillity and privacy. No onward chain is attached to this property, making it an appealing prospect for those looking to invest in their future home.

Investment Analysis

(LN6 area)

Below Market Value

This property is priced -16.8% below area average per sq ft

-16.8%
Potential saving
This Property
£205/sq ft
Area Average
£246/sq ft
Avg Rent (weekly)
£235
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£244,523
10% above area average per sq ft
Potential ROI
+16.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
72
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LN6)

Area prices are stable by +1.6% over the last 12 months
3 year growth: +2.3%
5 year growth: +13.7%
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

Peppercorn Close, Lincoln
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£655
Based on a loan of £138,750 over 30 years at 3.91% 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.

Stamp Duty Calculator

Price History

-2.6% since listed
£185,000£5,000(-2.6%)
01/04/2026
Current price
£190,000Initial listing
02/03/2026

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