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Coleby Street, Lincoln, Lincolnshire, LN2 5NA - Image 1
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Coleby Street, Lincoln, Lincolnshire, LN2 5NA

East Midlands

£75,000Guide Price

Listed on 03/06/2026

Property details

Bedrooms
3
Type
Terraced

Description

This three-bedroom terraced property located in the desirable Monks Road area of Lincoln presents a significant opportunity for renovation and investment. The layout includes an entrance hallway, dining room, living room, and a downstairs bathroom featuring a shower over the bath. Upstairs, you'll find three spacious bedrooms ideal for family living or potential rental. The property also boasts a rear courtyard with outbuildings, offering further possibilities for development or enhancement. On-street parking is available, adding to the convenience of this home. Although some refurbishment is necessary to bring it up to modern standards, the property's fundamental structure offers a strong foundation for improvements.

Investment analysis

(LN2 area)
Area Average
£252/sq ft
Avg Rent (weekly)
£225
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (LN2)

Area prices are stable by -0.5% over the last 12 months
3 year growth: -1.0%
5 year growth: +0.9%
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

Coleby Street, Lincoln, Lincolnshire, LN2 5NA
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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
£283
Based on a loan of £56,250 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

Price History

-6.3% since listed
£75,000£5,000(-6.3%)
14/07/2026
Current price
£80,000Initial listing
04/06/2026

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