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Prebend Lane, Welton, LN2

East Midlands

£180,000

Listed on 08/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
943 sqft

Description

This three-bedroom mid-terrace house, situated in the sought-after village of Welton, presents an excellent opportunity for modernization and investment. With no onward chain, buyers can take immediate possession and begin revitalizing this property to meet contemporary standards. The accommodation features an entrance hall leading to a kitchen diner, a lounge, a WC, and a rear porch on the ground floor. On the first floor, you'll find three bedrooms alongside a modern shower room. Externally, the property offers off-street parking for two vehicles at the front and an enclosed garden with a patio area at the rear. This home is conveniently located within walking distance of local amenities including shops, schools, and healthcare facilities. Given its refurbishment needs throughout, this property is ideal for those looking to add value through renovations.

Investment Analysis

(LN2 area)

Below Market Value

This property is priced -24.7% below area average per sq ft

-24.7%
Potential saving
This Property
£191/sq ft
Area Average
£254/sq ft
Avg Rent (weekly)
£223
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£263,059
10% above area average per sq ft
Potential ROI
+28.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (LN2)

Area prices are stable by -1.5% over the last 12 months
3 year growth: -1.5%
5 year growth: +2.6%
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

Prebend Lane, Welton, LN2
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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
£680
Based on a loan of £135,000 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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