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Magnolia Close, Branston, Lincoln

East Midlands

£240,000

Listed on 03/07/2026

Property details

Bedrooms
3
Type
Detached Bungalow
Area
1089 sqft

Description

This three-bedroom detached bungalow in the tranquil village of Branston offers a unique opportunity for buyers eager to undertake a renovation project. With no onward chain, the property provides a spacious layout that includes a welcoming entrance hall, an expansive lounge diner ideal for gatherings, and three generously-sized bedrooms overlooking the rear garden. The fitted kitchen and family bathroom are functional but would benefit from modern updates. The property's layout and space afford the next owners the chance to personalize and modernize it to suit their tastes. Outside, the ample driveway leads to a single garage, providing additional storage or parking options. The private rear garden presents further potential for landscaping or outdoor enhancements, making this a great prospect for both investors and those looking for their forever home. Located in Branston, residents will enjoy convenient access to local amenities and transport links into Lincoln city centre.

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Investment analysis

(LN4 area)

Below Market Value

This property is priced -8.3% below area average per sq ft

-8.3%
Potential saving
This Property
£220/sq ft
Area Average
£240/sq ft
Avg Rent (weekly)
£234
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£288,035
10% above area average per sq ft
Potential ROI
+8.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (LN4)

Area prices are stable by -1.0% over the last 12 months
3 year growth: -1.8%
5 year growth: +5.1%
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

Magnolia Close, Branston, 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
£907
Based on a loan of £180,000 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

Next Steps

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