Worst House on the Street Logo
Monks Road, Lincoln - Image 1
Monks Road, Lincoln - Image 2

Monks Road, Lincoln

East Midlands

£225,000

Listed on 03/07/2026

Property details

Bedrooms
5
Type
Detached

Description

This expansive three-storey period terrace features six bedrooms and is set on the desirable Monks Road, just a short distance from Lincoln city centre and local amenities. The property presents a remarkable opportunity for those looking to undertake a substantial renovation project. It requires significant modernisation and an extensive programme of repairs throughout, making it ideal for investors or homeowners wanting to craft a spacious family residence or rental property, pending the requisite approvals. The layout includes an entrance hall, two ground-floor reception rooms or bedrooms, a kitchen, shower room, and a separate WC. On the first floor, there are three additional bedrooms and a family bathroom, while the second floor hosts another bedroom along with a kitchen/dining area and boiler room. Outside, there is a walled front garden and an enclosed rear yard that provides shared driveway access leading to private parking. With properties of this size in this location rarely available at such a level of refurbishment need, this opportunity should not be overlooked by builders or developers seeking potential.

Interested in similar properties?

Get alerted when similar renovation and investment opportunities become available.

Investment analysis

(LN2 area)
Area Average
£252/sq ft
Avg Rent (weekly)
£225
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (LN2)

Area prices are stable by -0.5% over the last 12 months
3 year growth: -1.0%
5 year growth: +0.9%
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

Monks Road, Lincoln
Loading map...

Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£850
Based on a loan of £168,750 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.

Finance for Buy-to-Let, Bridging & Development