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Spring Hill, Reepham, Lincoln

East Midlands

£200,000
Listed on 19/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached home is situated on a sizable plot in the sought-after village of Reepham, presenting an excellent opportunity for those looking to invest in a property with potential for modernization. The home is being sold with no onward chain, allowing for a straightforward acquisition process. Internally, the layout features a modern kitchen equipped with essential appliances, a lounge diner that opens into the garden via French doors, and a shower room designed with contemporary fittings. Each of the three bedrooms provides ample space, ideal for renovation to enhance their appeal further. The external areas include a long driveway capable of accommodating multiple vehicles and a detached double garage – both offer various possibilities for improvement or conversion. The generous rear garden is predominantly gravelled but can be transformed into an inviting outdoor space. Located close to local amenities such as schools and shops, this property offers great investment potential in a desirable rural setting.

Investment Analysis

(LN3 area)
Area Average
£246/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (LN3)

Area prices are stable by -1.2% over the last 12 months
3 year growth: -4.9%
5 year growth: +14.0%
Investment Disclaimer: Analysis based on LN3 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

Spring Hill, Reepham, Lincoln
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£721
Based on a loan of £150,000 over 30 years at 4.06% 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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