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7 Acer Close, Lincoln, Lincolnshire, LN6 0RD - Image 1
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7 Acer Close, Lincoln, Lincolnshire, LN6 0RD

East Midlands

£70,000
Listed on 19/03/2026

Property Details

Bedrooms
2
Type
Bungalow

Description

This two-bedroom detached bungalow presents a unique opportunity for investors or homeowners looking to create a tailored living space. While the property currently requires modernisation, the potential is significant, especially with its spacious layout and rear garden. Located conveniently for local amenities in Lincoln, this vacant bungalow allows for immediate renovations without the hassle of relocating tenants. The layout includes an entrance hallway, two bedrooms, a reception room, kitchen, and shower room/WC. This could be transformed into a contemporary home, leveraging the nearby recreational areas like Birchwood Fields and Birchwood Nature Park. For those willing to invest in refurbishing this property, there is ample scope to enhance its appeal and value.

Investment Analysis

(LN6 area)
Area Average
£244/sq ft
Avg Rent (weekly)
£236
Avg Yield
4.6%

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
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

7 Acer Close, Lincoln, Lincolnshire, LN6 0RD
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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
£252
Based on a loan of £52,500 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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