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Wragby Road East, North Greetwell, Lincoln, LN2

East Midlands

£165,000

Listed on 20/05/2026

Property Details

Bedrooms
2
Type
Terraced Bungalow
Area
1184 sqft

Description

This two-bedroom mid-terrace bungalow, situated in the desirable village of North Greetwell just north of Lincoln, offers an impressive amount of living space with versatile potential. While currently requiring modernization throughout, this property presents a remarkable opportunity for buyers looking to renovate or invest. With the right vision, one can transform this space into a truly personalized home. The layout includes an entrance hallway, a spacious lounge/dining area, a front double bedroom, a fitted kitchen, a large shower room, and an additional double bedroom accessible via the rear hallway. A conservatory overlooks the private garden, enhancing the appeal of outdoor living. Benefiting from gas central heating and uPVC double glazing, there is also ample off-road parking on the driveway. The back garden features mature landscaping with lawned areas and decking—ideal for relaxation or entertainment. North Greetwell is conveniently located with easy access to Lincoln's amenities and major transport links, making it attractive for families and commuters alike.

Investment Analysis

(LN2 area)

Below Market Value

This property is priced -45.1% below area average per sq ft

-45.1%
Potential saving
This Property
£139/sq ft
Area Average
£254/sq ft
Avg Rent (weekly)
£212
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£330,484
10% above area average per sq ft
Potential ROI
+73.9%
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

Wragby Road East, North Greetwell, Lincoln, LN2
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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
£589
Based on a loan of £123,750 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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