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25 Cromwell Street, Lincoln, LN2 5LP

East Midlands

£59,000
Listed on 07/04/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This three-bedroom terraced house offers a unique opportunity for potential buyers looking to invest in a property with considerable scope for renovation. Spread over three floors, this well-sized family home features two reception rooms that provide flexibility for various living arrangements. The rear of the property hosts a kitchen and bathroom that could benefit from modernization or reconfiguration to cater to contemporary lifestyles, subject to appropriate planning permissions. On the first floor, you will find two generously sized bedrooms, while the second floor accommodates an additional bedroom, making it suitable for families or those needing a dedicated workspace. Outside, the property includes a rear garden that could be transformed into an appealing outdoor space. Located on Cromwell Street, this home is conveniently positioned near local shops, schools, and amenities, with excellent transport links facilitating easy access to Lincoln city centre—ideal for both homeowners and savvy investors eyeing potential rental opportunities.

Investment Analysis

(LN2 area)
Area Average
£254/sq ft
Avg Rent (weekly)
£222
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LN2)

Area prices are stable by 0.0% over the last 12 months
3 year growth: -2.1%
5 year growth: +3.5%
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

25 Cromwell Street, Lincoln, LN2 5LP
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£209
Based on a loan of £44,250 over 30 years at 3.91% 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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