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Minting Close, Lincoln

East Midlands

£160,000

Listed on 02/06/2026

Property Details

Bedrooms
2
Type
Terraced
Area
775 sqft

Description

This mid-terraced property, which has been in the same ownership since its construction in 1956, presents a unique opportunity for renovations with significant investment potential. The home features a spacious and well-maintained interior, comprising a breakfast kitchen, lounge with patio doors leading to a conservatory, and two sizable bedrooms on the first floor. While the property benefits from gas central heating and double-glazing throughout, a modern touch could enhance its appeal further. The generous wrap-around garden is a particular highlight, offering a private retreat that backs onto Yarborough playing fields—ideal for outdoor enthusiasts or families looking for additional space. With local amenities conveniently nearby and public transport links to Lincoln city centre, this property is poised for modernization. Investors and homeowners alike will appreciate the chance to transform this residence into their ideal living space while capitalizing on the spacious exterior and internal layout.

Investment Analysis

(LN1 area)

Below Market Value

This property is priced -12.3% below area average per sq ft

-12.3%
Potential saving
This Property
£206/sq ft
Area Average
£235/sq ft
Avg Rent (weekly)
£238
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£200,721
10% above area average per sq ft
Potential ROI
+8.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (LN1)

Area prices are stable by +1.9% over the last 12 months
3 year growth: -7.2%
5 year growth: +1.1%
Investment Disclaimer: Analysis based on LN1 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

Minting Close, 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
£604
Based on a loan of £120,000 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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