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Hollywell Road, Lincoln

East Midlands

£220,000
Listed on 20/04/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
844 sqft

Description

This two-bedroom detached bungalow, situated on a quiet cul-de-sac just off Brant Road, presents an excellent opportunity for renovation and investment. The property is currently in need of modernisation throughout, making it ideal for buyers looking to update and tailor the space to their personal taste. Internally, the layout offers a porch that leads into an entrance hall, which gives access to two double bedrooms, a family bathroom equipped with essential fixtures, and a kitchen that boasts scenic countryside views. The spacious living room features dual aspect windows and direct access to the rear garden through a uPVC door. Outside, the property benefits from a generous rear garden predominantly laid to lawn with a block paved patio—perfect for entertaining or relaxing in a serene setting. A detached garage adds further utility, while off-street parking is available on the driveway at the front. The location provides convenient access to local amenities including shops, schools, and transport links into Lincoln city centre as well as easy routes to major roads. Council tax band: B. Freehold.

Investment Analysis

(LN5 area)

Above Market Value

This property is priced +19.1% above area average per sq ft

+19.1%
This Property
£261/sq ft
Area Average
£219/sq ft
Avg Rent (weekly)
£199
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£203,273
10% above area average per sq ft
Potential ROI
-17.0%
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

Hollywell Road, Lincoln
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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
£779
Based on a loan of £165,000 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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