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Nocton Drive, Lincoln

East Midlands

£160,000
Listed on 27/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
551 sqft

Description

Located in a peaceful residential area of Lincoln, this three-bedroom semi-detached property on Nocton Drive offers a practical layout and off-road parking, making it an appealing choice for first-time buyers or investors seeking to capitalize on its potential. The home features an entrance porch that opens into a hallway leading to a spacious lounge that benefits from ample natural light. At the rear, the kitchen provides direct access to the garden, while an internal side passage connects to a functional utility area and a ground floor shower room equipped with essential amenities. The upstairs layout includes two generous double bedrooms alongside a smaller third bedroom that could be utilized as a home office or nursery. The outdoor space comprises a blend of paved and planted areas in the rear garden, presenting opportunities for reconfiguration and enhancement. While the property requires modernization and general improvement throughout, it serves as a solid foundation for those looking to add value through renovation efforts. Its convenient location ensures easy access to Lincoln city centre along with local amenities such as shops, schools, and transport links.

Investment Analysis

(LN2 area)

Above Market Value

This property is priced +14.5% above area average per sq ft

+14.5%
This Property
£290/sq ft
Area Average
£254/sq ft
Avg Rent (weekly)
£222
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£153,646
10% above area average per sq ft
Potential ROI
-16.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LN2)

Area prices are stable by 0.0% over the last 12 months
3 year growth: -2.1%
5 year growth: +3.5%
Investment Disclaimer: Analysis based on LN2 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

Nocton Drive, 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
£567
Based on a loan of £120,000 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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