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Parksgate Avenue, Lincoln, LN6

East Midlands

£310,000
Listed on 09/04/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1098 sqft

Description

Located in a peaceful cul-de-sac just off Doddington Road in Lincoln, this three-bedroom detached bungalow sits on an expansive plot with great potential for renovation. The property features a low-maintenance front garden that adds to its curb appeal and includes a single garage, which offers options for secure parking or possible future conversion, subject to planning permission. Upon entering, you'll find an entrance hall leading to a spacious lounge with a front-facing window and a charming fireplace that could be revitalized. The central dining room serves as a hub of the home, with sliding doors that open up to the south-facing rear garden, providing an excellent indoor-outdoor flow. The fitted kitchen is equipped with ample storage and space for casual dining, while a separate utility room enhances practicality by accommodating white goods and offering direct access to the garden. On the side of the home dedicated to rest, there are two generously sized double bedrooms and a smaller single bedroom ideal for use as a study. The main bathroom and separate WC provide functional amenities. While the bungalow currently remains livable, it presents significant opportunities for updates and personal touches. A standout feature is the attractive south-facing garden, predominantly laid to lawn with established shrub borders, perfect for relaxation or entertaining guests. With its roomy interiors, desirable location, and renovation potential, this property warrants serious consideration from investors or buyers eager to customize their next home.

Investment Analysis

(LN6 area)

Above Market Value

This property is priced +14.8% above area average per sq ft

+14.8%
This Property
£282/sq ft
Area Average
£246/sq ft
Avg Rent (weekly)
£235
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£296,998
10% above area average per sq ft
Potential ROI
-11.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
72
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LN6)

Area prices are stable by +1.6% over the last 12 months
3 year growth: +2.3%
5 year growth: +13.7%
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

Parksgate Avenue, Lincoln, LN6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,098
Based on a loan of £232,500 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.

Stamp Duty Calculator

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