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Paynell, Dunholme, Lincoln

East Midlands

£175,000
Listed on 17/03/2026

Property Details

Bedrooms
3
Type
Detached Bungalow

Description

This three-bedroom detached bungalow is nestled in the desirable village of Dunholme, Lincoln, presenting a significant opportunity for buyers interested in renovation and investment. The property features spacious living areas including an entrance hall, a generous lounge with dual aspect windows, a separate dining room that flows into the kitchen, and three well-proportioned bedrooms alongside a main bathroom. Outside, there is ample off-road parking for multiple vehicles at the front and a large rear garden which holds great potential for landscaping or possible development, subject to local planning regulations. While the bungalow requires modernisation throughout, it offers a blank canvas for those looking to enhance its value or create their dream home. The property is available with no onward chain, making it an ideal candidate for swift renovations and resale or personal enjoyment.

Investment Analysis

(LN2 area)
Area Average
£251/sq ft
Avg Rent (weekly)
£202
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
50
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (LN2)

Area prices are falling by -3.4% over the last 12 months
3 year growth: -5.7%
5 year growth: +2.8%
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

Paynell, Dunholme, 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
£631
Based on a loan of £131,250 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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