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Faldingworth Close, Lincoln

East Midlands

£265,000
Listed on 27/03/2026

Property Details

Bedrooms
3
Type
Detached
Area
925 sqft

Description

This three-bedroom detached home, set in a sought-after cul-de-sac at Faldingworth Close, presents a promising opportunity for renovation and potential extension (subject to planning permission). The property is situated on a substantial plot and is currently in need of modernisation, making it an ideal investment for those looking to create their perfect family home. Inside, the layout features an entrance hall, an open-plan living and dining room, a conservatory that leads out to the generous South East facing garden, a breakfast kitchen, three bedrooms, and a bathroom. The exterior offers ample driveway parking alongside an attached garage and a spacious front garden. The location is convenient for schools, local amenities including shops and health services, as well as public transport links to the A46. With no upward chain involved in the sale, this property provides a blank canvas for prospective buyers eager to enhance and develop their new residence.

Investment Analysis

(LN6 area)

Above Market Value

This property is priced +17.3% above area average per sq ft

+17.3%
This Property
£286/sq ft
Area Average
£244/sq ft
Avg Rent (weekly)
£236
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£248,575
10% above area average per sq ft
Potential ROI
-18.5%
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

Faldingworth Close, 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
£956
Based on a loan of £198,750 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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