Lincoln Road, Metheringham

East Midlands

£250,000

Listed on 04/06/2026

Property Details

Bedrooms

Type

Semi Detached

Area

1270 sqft

Description

This semi-detached three-bedroom residence in Metheringham offers a promising canvas for renovation. Nestled in a desirable village setting, the property is conveniently located close to local amenities. It features ample living space, including a conservatory, driveway, and garage, but requires comprehensive modernisation throughout. This presents an excellent opportunity for buyers who wish to design their own home tailored to personal preferences. With its spacious layout and potential for transformation, this property is ideal for first-time buyers or investors seeking a project with strong future value. Homes in this area with renovation potential are becoming increasingly rare, making this a unique chance to capitalize on location and space.

Investment Analysis

(LN4 area)

Below Market Value

This property is priced -18.4% below area average per sq ft

-18.4%

Potential saving

This Property

£197/sq ft

Area Average

£241/sq ft

Avg Rent (weekly)

£220

Avg Yield

4.1%

Renovation Potential

Heavy Refurb

Est. Renovation Cost

£25,000 - £40,000

Target Value

£336,887

10% above area average per sq ft

Potential ROI

+16.2%

After renovation

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

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

Lincoln Road, Metheringham

Loading map...

Open Map

Mortgage Calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments

£944

Based on a loan of £187,500 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.