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Peel Street, Lincoln

East Midlands

£105,000
Listed on 21/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
738 sqft

Description

This three-bedroom mid-terrace property is conveniently located just off the bustling High Street in Lincoln, a city rich in history and culture. Positioned near essential amenities such as shops, cinemas, and art galleries, it offers an ideal investment opportunity for those looking to dive into a renovation project. The property is being sold with no onward chain and is in need of comprehensive modernization, making it perfect for both investors and homeowners eager to add substantial value. Internally, the layout features an entrance hallway leading to a lounge and dining room, along with a kitchen and ground floor bathroom. Upstairs comprises three bedrooms, while outside you'll find an enclosed rear yard alongside on-street parking options at the front. Given its historical charm and location, this property holds significant potential for transformation into a desirable home or rental unit.

Investment Analysis

(LN5 area)

Below Market Value

This property is priced -35.0% below area average per sq ft

-35.0%
Potential saving
This Property
£142/sq ft
Area Average
£219/sq ft
Avg Rent (weekly)
£199
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£177,744
10% above area average per sq ft
Potential ROI
+22.6%
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

Peel Street, 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
£372
Based on a loan of £78,750 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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