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West Street, Timberland, Lincoln

East Midlands

£330,000

Listed on 02/06/2026

Property Details

Bedrooms
3
Type
Detached
Area
1313 sqft

Description

This Grade II listed property presents a unique opportunity for renovation and investment, featuring both a main residence and a separate barn that is currently divided into three outbuildings. The main house greets you through a stable door, leading to a hallway with access to various rooms including a WC. The kitchen features ample natural light from two windows and provides access to a pantry. A spacious dining room with an open fireplace and exposed beams adds character, while the lounge boasts its own fireplace and front-facing window. Upstairs, you will find three bedrooms, each offering different storage options and views of the surrounding area. The large bathroom comes equipped with essential amenities but could benefit from modernisation. Outside, the property is accessed via a pebbled driveway leading to the barn, which is ripe for conversion or development into additional living space or rental units. The lawned rear garden provides further potential for landscaping or outdoor use. This property is perfect for those looking to invest in a historic setting while tailoring it to their personal vision.

Investment Analysis

(LN4 area)

Above Market Value

This property is priced +4.2% above area average per sq ft

+4.2%
This Property
£251/sq ft
Area Average
£241/sq ft
Avg Rent (weekly)
£220
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£348,293
10% above area average per sq ft
Potential ROI
-15.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (LN4)

Area prices are stable by +1.4% over the last 12 months
3 year growth: -0.9%
5 year growth: +6.7%
Investment Disclaimer: Analysis based on LN4 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

West Street, Timberland, Lincoln
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,247
Based on a loan of £247,500 over 30 years at 4.45% 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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