Worst House on the Street Logo
Sheraton Close, Lincoln - Image 1
Sheraton Close, Lincoln - Image 2
Sheraton Close, Lincoln - Image 3
Sheraton Close, Lincoln - Image 4
Sheraton Close, Lincoln - Image 5
Sheraton Close, Lincoln - Image 6
Sheraton Close, Lincoln - Image 7
Sheraton Close, Lincoln - Image 8
Sheraton Close, Lincoln - Image 9
Sheraton Close, Lincoln - Image 10
Sheraton Close, Lincoln - Image 11
Sheraton Close, Lincoln - Image 12
Sheraton Close, Lincoln - Image 13
Sheraton Close, Lincoln - Image 14
Sheraton Close, Lincoln - Image 15
Sheraton Close, Lincoln - Image 16

Sheraton Close, Lincoln

East Midlands

£270,000
Listed on 14/04/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1223 sqft

Description

This three-bedroom detached bungalow, situated in the sought-after Birchwood area of Lincoln, presents an excellent opportunity for buyers seeking a project to enhance their investment. While the property requires cosmetic updates across its interiors, it offers a blank canvas to personalize and potentially increase its market value. The layout includes a welcoming porch leading into an entrance hall, a generous living room connected to a dining area, and a conservatory that opens up to a secluded rear garden. The kitchen is equipped with essential appliances and cabinetry, complemented by three bedrooms—two of which are doubles, including a master suite with an en-suite shower room. The family bathroom serves the remaining rooms well. With gas central heating and double-glazing in most areas (notably bedroom three), this home is already functional but ready for modern enhancements. Outside, the property benefits from ample off-street parking on the driveway and a larger-than-average detached garage. The private backyard is predominantly grassed and framed by mature shrubs, providing both privacy and potential for landscaping. Conveniently located near local amenities such as shops, schools, healthcare facilities, and public transport links to Lincoln city center, this property is ideal for those looking to invest in home improvements within a desirable community.

Investment Analysis

(LN6 area)

Below Market Value

This property is priced -10.2% below area average per sq ft

-10.2%
Potential saving
This Property
£221/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
£330,809
10% above area average per sq ft
Potential ROI
+12.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Sheraton Close, Lincoln
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£956
Based on a loan of £202,500 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates