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St. Hugh Street, Monks Road, Lincoln

East Midlands

£100,000

Listed on 07/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
643 sqft

Description

This terraced house on St Hugh Street presents a promising opportunity for those looking to invest or for first-time buyers eager to create their ideal home. Situated within a short stroll from Lincoln City Centre, the property requires modernisation but offers a solid foundation with its lounge, spacious kitchen diner, two double bedrooms, and a ground-floor shower room. The generous rear garden adds further appeal, making it suitable for outdoor activities or gardening enthusiasts. With no onward chain, this could be your chance to transform this property into a contemporary dwelling that suits your lifestyle.

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Investment analysis

(LN2 area)

Below Market Value

This property is priced -38.3% below area average per sq ft

-38.3%
Potential saving
This Property
£156/sq ft
Area Average
£252/sq ft
Avg Rent (weekly)
£225
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£178,204
10% above area average per sq ft
Potential ROI
+42.6%
After renovation
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

St. Hugh Street, Monks Road, 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
£378
Based on a loan of £75,000 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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