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Shearwater Road, Lincoln, LN6

East Midlands

£375,000
Listed on 27/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1328 sqft

Description

This three-bedroom detached bungalow is nestled in a desirable area of Lincoln, enjoying a serene location with Hartsholme Lake as a picturesque backdrop. The property sits on an expansive plot that boasts a mature garden, providing both privacy and sunlight exposure throughout the day. Although the home is currently in move-in condition, it offers significant potential for personalization and enhancement to suit modern living preferences. Inside, the accommodation comprises three well-sized double bedrooms, spacious living areas filled with natural light, and a practical layout that maximizes the benefits of its surroundings. The lounge flows into a dining area with sliding doors leading to the garden, while the kitchen features functional workspace and utility room nearby. This property stands out not only for its tranquil setting but also for its possibilities—there's ample off-road parking available along with a garage and potential for expansion (subject to planning). The rear garden is particularly noteworthy, offering a blend of lawn and patio spaces complemented by established greenery and secluded areas ripe for further development. For those seeking a home that can evolve with their needs or aspiring to invest in an asset with growth potential, this bungalow represents an excellent opportunity within Lincoln's real estate market.

Investment Analysis

(LN6 area)

Above Market Value

This property is priced +15.6% above area average per sq ft

+15.6%
This Property
£282/sq ft
Area Average
£244/sq ft
Avg Rent (weekly)
£226
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£356,946
10% above area average per sq ft
Potential ROI
-14.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
67
Average per month
Market Turnover
37%
Properties sold annually

Local Market Trend (LN6)

Area prices are rising by +3.2% over the last 12 months
3 year growth: +4.2%
5 year growth: +16.4%
Investment Disclaimer: Analysis based on LN6 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

Shearwater Road, Lincoln, LN6
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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
£1,352
Based on a loan of £281,250 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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