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Clarke Road, Lincoln, LN6

East Midlands

£220,000
Listed on 19/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1033 sqft

Description

Nestled just outside Lincoln's city centre, this three-bedroom semi-detached house presents an appealing chance for those interested in renovating a property to their taste. While it requires decorative upgrades throughout, the home showcases considerable potential for transformation into a welcoming family residence. Additionally, the property is available with no onward chain, simplifying the buying process. Upon arrival, you will notice a modest front garden and a private driveway leading to a garage at the rear, which is perfect for parking or could serve as extra storage or a workshop space. Inside, the entrance hall connects you to all ground floor rooms and the staircase leading upstairs. The bay-fronted living room is bright and offers a cozy atmosphere for everyday living, while a separate dining room provides ample space for gatherings. Adjacent to this is a sunroom that enhances flexibility and offers delightful views of the enclosed rear garden. The kitchen is functional, with potential improvements available; the adjacent pantry area could be reconfigured to expand the kitchen or add a ground floor toilet. On the first floor, you'll find two spacious double bedrooms along with a single third bedroom and a family shower room serving these areas. Externally, the generous enclosed rear garden offers significant opportunities for landscaping or recreational use. Although requiring some decorative work, this property stands as an excellent investment opportunity for buyers wishing to create their dream home in an attractive location with solid foundations.

Investment Analysis

(LN6 area)

Below Market Value

This property is priced -12.8% below area average per sq ft

-12.8%
Potential saving
This Property
£213/sq ft
Area Average
£244/sq ft
Avg Rent (weekly)
£236
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£12,000 - £18,000
Target Value
£277,598
10% above area average per sq ft
Potential ROI
+16.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
73
Average per month
Market Turnover
44%
Properties sold annually

Local Market Trend (LN6)

Area prices are stable by +1.6% over the last 12 months
3 year growth: +2.4%
5 year growth: +14.7%
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

Clarke Road, Lincoln, LN6
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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
£793
Based on a loan of £165,000 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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