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Roydon Grove, Lincoln, LN6

East Midlands

£185,000
Listed on 15/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1033 sqft

Description

This extended semi-detached property offers a significant renovation opportunity in a sought-after residential area near Lincoln's city centre. Ideal for cash buyers, the home provides ample space and potential for creative transformation. The layout features an entrance hall that leads to a living room, with a cloakroom that could be reinstated to include a W.C. The kitchen flows into an extension, creating an open-plan living and dining area that connects to an additional family room—perfect for modern family life. On the first floor, you'll find three bedrooms alongside a family bathroom, all of which could be updated to reflect contemporary styles and amenities. Outside, the property boasts off-road parking on a gravelled front with gated side access leading to a substantial rear garden primarily laid to lawn. There is also potential in two garages/workshops at the back, although they currently require attention. With local shops, schools, and easy access to Lincoln’s amenities just around the corner, this property is well-positioned for those looking to invest in a renovation project tailored to their preferences.

Investment Analysis

(LN6 area)

Below Market Value

This property is priced -27.2% below area average per sq ft

-27.2%
Potential saving
This Property
£179/sq ft
Area Average
£246/sq ft
Avg Rent (weekly)
£235
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£279,416
10% above area average per sq ft
Potential ROI
+18.9%
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

Roydon Grove, 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
£655
Based on a loan of £138,750 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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