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Burns Gardens, Lincoln

East Midlands

£140,000
Listed on 29/04/2026

Property Details

Bedrooms
2
Type
End Of Terrace
Area
888 sqft

Description

This two-bedroom semi-detached house, situated on a spacious corner plot in a desirable North Lincoln location, offers an exciting chance for buyers looking to invest in a renovation project. The property presents a blank canvas for those eager to enhance its value through extensive refurbishment across all areas. With ample frontage and side space, there exists significant potential for extensions or landscaping (subject to the necessary planning permissions). The layout includes a front-facing lounge with access to the rear garden, a kitchen/dining area, as well as two well-sized bedrooms and a shower room upstairs. The surrounding area provides easy access to local amenities and is well-suited for families and commuters alike. This property is ideally positioned for anyone seeking to transform it into their dream home or capitalize on an investment opportunity.

Investment Analysis

(LN2 area)

Below Market Value

This property is priced -37.9% below area average per sq ft

-37.9%
Potential saving
This Property
£158/sq ft
Area Average
£254/sq ft
Avg Rent (weekly)
£212
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£247,863
10% above area average per sq ft
Potential ROI
+30.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
50
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (LN2)

Area prices are falling by -5.0% over the last 12 months
3 year growth: -3.9%
5 year growth: -0.1%
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

Burns Gardens, Lincoln
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£499
Based on a loan of £105,000 over 30 years at 3.97% 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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