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Hewson Road, Lincoln

East Midlands

£230,000
Listed on 31/08/2025

Property Details

Bedrooms
6
Type
Terraced house

Description

Located in the desirable West End of Lincoln, this substantial three-story property offers a significant opportunity for renovation and investment. With six spacious bedrooms and three bathrooms, this residence provides ample living space that can be adapted to meet various needs, whether for a large family or as a multi-tenant investment. While the property requires refurbishment, it presents a unique blank canvas for prospective buyers to apply their vision and style. The generous size and character of the home allow for extensive modernization options that could enhance both its functionality and aesthetic appeal. The location is another notable aspect; overlooking the West Common, residents can enjoy peaceful views and easy access to expansive green spaces. This setting balances the tranquility of suburban living with proximity to local amenities, schools, and transport links, making it an ideal choice for families or investors looking to attract tenants. Given its scale, location advantages, and potential for value appreciation after renovation, this property represents a compelling investment opportunity in one of Lincoln's most sought-after areas. Transforming this house into a modern family home or rental unit could yield substantial returns in both comfort and profit.

Investment Analysis

(LN1 area)
Area Average
£232/sq ft
Avg Rent (weekly)
£255
Avg Yield
4.9%

Renovation Potential

Est. Renovation Cost
£23,000 - £57,500
10-25% of property value
Monthly Sales
25
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (LN1)

Area prices are rising by +6.1% over the last 12 months
3 year growth: -7.7%
5 year growth: 11.1%
Investment Disclaimer: Analysis based on LN1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Hewson Road, Lincoln
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