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Heath Lane, Boothby Graffoe, Lincoln, Lincolnshire, LN5

East Midlands

£250,000
Listed on 17/04/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
1155 sqft

Description

This two-bedroom semi-detached property presents a compelling opportunity for renovation and investment, located in the serene village of Boothby Graffoe. With countryside views enhancing its appeal, this home is ready to be transformed into a modern dwelling. The layout spans two levels and includes an entrance hallway, a convenient cloakroom, a newly fitted kitchen, dining area, lounge, and utility room. The first floor accommodates two spacious double bedrooms alongside a four-piece family bathroom. Surrounding the house are generously sized gardens with the rear garden featuring an additional outbuilding—ideal for conversions or extensions. A large driveway provides ample parking space, complemented by a larger-than-average garage. The property also comes with approved architectural plans for a single-storey extension, presenting excellent potential for further development (pending relevant planning permissions). Nestled in unspoilt nature yet within easy reach of Lincoln’s amenities, this location perfectly balances rural tranquillity with accessibility. For those considering renovation or expansion projects in a welcoming community, this property is ripe for transformation.

Investment Analysis

(LN5 area)

Below Market Value

This property is priced -1.1% below area average per sq ft

-1.1%
Potential saving
This Property
£216/sq ft
Area Average
£219/sq ft
Avg Rent (weekly)
£199
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£278,176
10% above area average per sq ft
Potential ROI
-4.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LN5)

Area prices are rising by +9.0% over the last 12 months
3 year growth: +4.5%
5 year growth: +2.3%
Investment Disclaimer: Analysis based on LN5 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

Heath Lane, Boothby Graffoe, Lincoln, Lincolnshire, LN5
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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
£885
Based on a loan of £187,500 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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