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Greetwell Gate, LINCOLN

East Midlands

£170,000

Listed on 22/05/2026

Property Details

Bedrooms
4
Type
Detached

Description

This Grade II listed detached house presents a unique opportunity for renovation and investment in a desirable area near Lincoln City Centre. While currently in poor condition, the property benefits from generous accommodation over three floors, including four bedrooms and multiple reception rooms. Its historical significance as a listed building adds to its charm and potential for restoration. Located conveniently near local amenities and transport links, this property could be transformed into a stunning family home or an attractive investment. The need for substantial repairs offers a blank canvas for prospective buyers willing to embark on a refurbishment project, making it an enticing option for those with a vision.

Investment Analysis

(LN2 area)
Area Average
£254/sq ft
Avg Rent (weekly)
£212
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
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

Greetwell Gate, 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
£607
Based on a loan of £127,500 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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