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Meadowlake Crescent, Lincoln

East Midlands

£190,000

Listed on 05/06/2026

Property details

Bedrooms
2
Type
Detached Bungalow

Description

This detached bungalow presents a rare opportunity in a quiet yet sought-after neighborhood, ideal for those looking to downsize or explore investment possibilities. Set on Meadowlake Crescent, the property is conveniently located within walking distance of Hartsholme Country Park, offering picturesque walks and access to green spaces. The spacious two-bedroom layout features a lounge diner that invites personalization and a kitchen with potential for modern transformation. While the home requires a degree of modernization, it holds solid foundations from which to create a contemporary living space tailored to your preferences. The exterior boasts ample off-road parking with a long driveway leading to a detached garage, while the manageable rear garden provides an appealing outdoor area. This property is available with no onward chain, ensuring an efficient purchasing process. Whether you're seeking your forever home or an exciting project in a desirable location, this bungalow's potential for enhancement cannot be overlooked.

Investment analysis

(LN6 area)
Area Average
£244/sq ft
Avg Rent (weekly)
£251
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
63
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LN6)

Area prices are stable by -1.3% over the last 12 months
3 year growth: +0.6%
5 year growth: +11.1%
Investment Disclaimer: Analysis based on LN6 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

Meadowlake Crescent, 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
£718
Based on a loan of £142,500 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

Price History

-5.0% since listed
£190,000£10,000(-5.0%)
28/06/2026
Current price
£200,000Initial listing
06/06/2026

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