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The Smoot, Walcott, Lincoln, Lincolnshire, LN4 3SR

East Midlands

£180,000
Listed on 26/03/2026

Property Details

Bedrooms
4
Type
Detached
Area
1537 sqft

Description

This four-bedroom detached house sits on approximately 0.21 acres and provides ample space with around 1,537 square feet of living area. While the home requires significant modernisation throughout, it has already benefited from recent upgrades such as double glazing and a new roof installed in 2012. The layout includes an entrance hall leading to a functional kitchen equipped with essential appliances and several spacious reception rooms, ideal for conversion or reconfiguration to suit contemporary living needs. Upstairs, the property offers four well-sized bedrooms which can be transformed into comfortable retreats. Externally, the grounds feature a private gravel driveway with parking for multiple vehicles and well-maintained gardens that include lawn areas, mature flower beds, and even a pond—an outdoor space that could be revitalised to enhance curb appeal or leisure opportunities. Given the current state of the property, this is a promising opportunity for investors or buyers looking to create a personalized family home in a desirable location.

Investment Analysis

(LN4 area)

Below Market Value

This property is priced -50.9% below area average per sq ft

-50.9%
Potential saving
This Property
£117/sq ft
Area Average
£239/sq ft
Avg Rent (weekly)
£213
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£403,401
10% above area average per sq ft
Potential ROI
+68.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (LN4)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -0.1%
5 year growth: +10.6%
Investment Disclaimer: Analysis based on LN4 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

The Smoot, Walcott, Lincoln, Lincolnshire, LN4 3SR
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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
£649
Based on a loan of £135,000 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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