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Norfolk Street, Lincoln, LN1

East Midlands

£135,000
Listed on 16/04/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This three-bedroom mid-terraced house in the desirable West End of Lincoln presents a compelling opportunity for those looking to invest or renovate. With no onward chain, it allows for swift acquisition and potential transformation. The property requires comprehensive renovation, making it ideal for buyers aiming to customize their living space according to personal taste or investment strategy. The ground floor features a bay-fronted lounge, a separate dining room with built-in storage, and a kitchen leading to the rear garden and bathroom. The current layout holds promise for modern reconfiguration, allowing for open-plan designs (subject to necessary permissions). Upstairs, there are three well-sized bedrooms that offer ample natural light—perfect for family living or as rental spaces post-renovation. The enclosed rear garden adds further appeal by providing an outdoor area that can be beautifully landscaped. In addition to on-street parking at the front, this property is conveniently located near Lincoln city centre, enhancing its resale and rental potential once refurbished. The EPC rating of G indicates the need for energy-efficient upgrades as part of the renovation plans.

Investment Analysis

(LN1 area)
Area Average
£235/sq ft
Avg Rent (weekly)
£206
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
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 (LN1)

Area prices are stable by -1.5% over the last 12 months
3 year growth: -10.7%
5 year growth: -2.7%
Investment Disclaimer: Analysis based on LN1 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

Norfolk Street, Lincoln, LN1
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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
£478
Based on a loan of £101,250 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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