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St. Marys Avenue, Welton, Lincoln

East Midlands

£210,000
Listed on 27/04/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
628 sqft

Description

This charming 2-bedroom detached bungalow is positioned on a desirable corner plot in the Welton area, offering ample outdoor space and significant potential for future development (subject to planning permissions). The home features a generously sized lounge diner, functional kitchen equipped with essential fittings, and two comfortable bedrooms. Benefiting from extensive uPVC double glazing and a reliable gas central heating system with a modern boiler, the property is ready for updates to enhance its appeal. Outdoors, the extensive gardens at the front and back offer an opportunity for landscaping or further construction, especially with possibilities to extend the driveway for additional parking. This property would suit investors looking to add value or buyers wanting to create their ideal home. Chain-free sale.

Investment Analysis

(LN2 area)

Above Market Value

This property is priced +31.9% above area average per sq ft

+31.9%
This Property
£334/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
£175,118
10% above area average per sq ft
Potential ROI
-25.5%
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

St. Marys Avenue, Welton, 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
£744
Based on a loan of £157,500 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.

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