Worst House on the Street Logo
Thoresway Drive, Lincoln, LN2 - Image 1
Thoresway Drive, Lincoln, LN2 - Image 2
Thoresway Drive, Lincoln, LN2 - Image 3
Thoresway Drive, Lincoln, LN2 - Image 4
Thoresway Drive, Lincoln, LN2 - Image 5
Thoresway Drive, Lincoln, LN2 - Image 6
Thoresway Drive, Lincoln, LN2 - Image 7
Thoresway Drive, Lincoln, LN2 - Image 8
Thoresway Drive, Lincoln, LN2 - Image 9
Thoresway Drive, Lincoln, LN2 - Image 10
Thoresway Drive, Lincoln, LN2 - Image 11
Thoresway Drive, Lincoln, LN2 - Image 12
Thoresway Drive, Lincoln, LN2 - Image 13
Thoresway Drive, Lincoln, LN2 - Image 14
Thoresway Drive, Lincoln, LN2 - Image 15

Thoresway Drive, Lincoln, LN2

East Midlands

£145,000

Listed on 23/06/2026

Property Details

Bedrooms
2
Type
End Of Terrace
Area
959 sqft

Description

This two-bedroom semi-detached home is situated on a spacious plot in a sought-after residential area north of Lincoln. The property offers significant potential for renovation and investment, making it an appealing choice for first-time buyers or investors looking to modernise and enhance value. It boasts a larger-than-average driveway and a substantial rear garden, which provides ample space for possible extensions or improvements, contingent on obtaining the necessary planning permissions. Internally, the layout features an entrance porch leading to a welcoming hallway. The kitchen connects seamlessly with the dining room, while double doors open into the living room, offering a flexible living space suitable for both daily life and entertaining. At the rear, there is a timber lean-to conservatory that adds extra functional space and allows direct access to the garden. The first floor presents two generously sized double bedrooms accompanied by a family bathroom. Outside, the property is complemented by a lawned front garden and an extensive driveway leading to a timber garage. The extensive rear garden is particularly noteworthy, consisting mostly of lawn with a patio seating area and storage shed. Thoresway Drive benefits from its proximity to local amenities such as supermarkets, schools, healthcare services, and public transport links. With easy access to Lincoln's historic offerings including its cathedral and vibrant waterfront, this location remains attractive due to its connectivity and amenities. This property represents an exciting opportunity for those looking to invest in a home with great potential for enhancement.

Investment Analysis

(LN2 area)

Below Market Value

This property is priced -40.4% below area average per sq ft

-40.4%
Potential saving
This Property
£151/sq ft
Area Average
£254/sq ft
Avg Rent (weekly)
£223
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£267,523
10% above area average per sq ft
Potential ROI
+52.9%
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

Thoresway Drive, Lincoln, LN2
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£548
Based on a loan of £108,750 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates