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Ashlin Grove, Lincoln

East Midlands

£365,000

Listed on 09/07/2026

Property details

Bedrooms
4
Type
End Of Terrace
Area
1881 sqft

Description

This substantial three-storey period residence combines character with flexible living spaces, making it a promising investment opportunity. Currently functioning as a fully let HMO, the property will be sold with vacant possession, allowing potential owner-occupiers or investors the chance to renovate and re-establish it as a lucrative rental asset or convert it into a spacious family home. The interior preserves many original features and includes five generously sized double bedrooms along with multiple communal areas including a large kitchen diner and versatile ground floor room that could serve various purposes. An enclosed rear garden adds value and outdoor space for entertainment or relaxation. Located conveniently near Lincoln City Centre and local amenities, this property offers significant renovation potential for those looking to enhance its appeal.

Investment analysis

(LN1 area)

Below Market Value

This property is priced -17.8% below area average per sq ft

-17.8%
Potential saving
This Property
£194/sq ft
Area Average
£236/sq ft
Avg Rent (weekly)
£246
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£488,411
10% above area average per sq ft
Potential ROI
+20.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (LN1)

Area prices are falling by -2.1% over the last 12 months
3 year growth: -8.1%
5 year growth: -1.9%
Investment Disclaimer: Analysis based on LN1 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

Ashlin Grove, 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
£1,379
Based on a loan of £273,750 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

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