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Victoria Street, Billinghay, Lincoln, LN4

East Midlands

£175,000
Listed on 13/04/2026

Property Details

Bedrooms
4
Type
Detached

Description

This substantial detached property is situated on approximately 0.14 acres in the desirable village of Billinghay, presenting a promising opportunity for renovation and investment. With its generous space and flexible layout, this home is well-suited for those looking to craft a spacious family dwelling or explore alternative uses pending necessary permissions. The property features a former shop front, providing an expansive area that can be adapted for various purposes such as a home office, additional living quarters, or potential conversion into more usable space with the right planning approvals. This adaptable space is further enhanced by another sizable room at the rear, adding to the versatility of the ground floor. Internally, multiple reception areas include both a lounge and separate living room, alongside a kitchen and ground floor bathroom. The upper level comprises three bedrooms and an impressive snooker room measuring over 26ft, which could easily be transformed into extra bedrooms or recreational spaces. Externally, the property boasts a fully enclosed rear garden that offers privacy and tranquility, complemented by established borders and lawn areas—ideal for outdoor enjoyment. Additionally, practical features such as an attached workshop/store and a separate detached storage unit enhance the property's usability. Billinghay itself is a vibrant community equipped with essential amenities including a Co-op store, primary school, public houses, and recreational facilities like tennis courts. It also offers convenient access via the A153 towards Sleaford and Skegness.

Investment Analysis

(LN4 area)
Area Average
£240/sq ft
Avg Rent (weekly)
£235
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (LN4)

Area prices are rising by +3.5% over the last 12 months
3 year growth: -0.4%
5 year growth: +8.3%
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

Victoria Street, Billinghay, Lincoln, LN4
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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
£620
Based on a loan of £131,250 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.

Stamp Duty Calculator

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