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Astwick Road, Lincoln, Lincolnshire, LN6 - Image 1
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Astwick Road, Lincoln, Lincolnshire, LN6

East Midlands

£250,000

Listed on 21/05/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
1151 sqft

Description

This detached bungalow is situated in a desirable area of Lincoln and offers significant renovation potential. Comprising three bedrooms, it stands on a generous plot with ample space for expansion, including the possibility of a dormer or two-storey extension, pending planning permissions. The property's ample living areas present an excellent opportunity for modernisation, allowing new owners to tailor the layout to their personal preferences. The large kitchen, complemented by a conservatory, could easily be transformed into a contemporary open-plan living space. With no onward chain, this property is suited for those looking to invest in a home that can be extensively reimagined and improved to add value. Located conveniently close to local amenities and transport links, this bungalow is an enticing proposition for both homeowners and investors alike.

Investment Analysis

(LN6 area)

Below Market Value

This property is priced -11.6% below area average per sq ft

-11.6%
Potential saving
This Property
£217/sq ft
Area Average
£246/sq ft
Avg Rent (weekly)
£228
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £55,000
Target Value
£311,207
10% above area average per sq ft
Potential ROI
+2.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
70
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (LN6)

Area prices are stable by -0.6% over the last 12 months
3 year growth: +2.1%
5 year growth: +12.1%
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

Astwick Road, Lincoln, Lincolnshire, LN6
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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
£892
Based on a loan of £187,500 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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