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Eastbourne Street, Lincoln

East Midlands

£85,000

Listed on 15/07/2026

Property details

Bedrooms
1
Type
Apartment
Area
495 sqft

Description

This one-bedroom flat, situated within a short stroll from Lincoln city centre, presents a valuable opportunity for those keen on entering the property market or investing in a promising location. The layout includes a spacious bedroom and kitchen area, complemented by an outdoor space perfect for relaxation or enhancement. While the flat is in need of comprehensive modernization, it allows buyers to infuse their personal style and preferences into the living space. The advantageous location provides easy access to local shops, dining options, transport links, and all essential amenities that Lincoln offers. With no onward chain, this property could facilitate a more efficient purchasing process. This is an investment opportunity not to be overlooked in a desirable city setting.

Investment analysis

(LN2 area)

Below Market Value

This property is priced -31.8% below area average per sq ft

-31.8%
Potential saving
This Property
£172/sq ft
Area Average
£252/sq ft
Avg Rent (weekly)
£225
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£137,187
10% above area average per sq ft
Potential ROI
+24.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Eastbourne Street, 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
£321
Based on a loan of £63,750 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

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