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Vicarage Lane, Welton, Lincoln, LN2 - Image 1
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Vicarage Lane, Welton, Lincoln, LN2

East Midlands

£110,000

Listed on 20/07/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
528 sqft

Description

This semi-detached cottage, offered with no onward chain, represents a significant renovation opportunity in one of Lincoln's most desirable villages. In need of full refurbishment, the property provides ample scope for modernization, potential extension (subject to the necessary permissions), or complete transformation into a delightful village residence. Located centrally off Vicarage Lane, it sits on a generous plot featuring a garden space. The internal layout consists of an entrance leading directly to the kitchen, along with a separate living room and three bedrooms on the first floor, complemented by a bathroom. The exterior boasts a sizeable rear garden, enhancing the property's appeal. Additional features include oil-fired central heating and the property's enviable location within Welton—an area known for its excellent amenities including a Co-op supermarket, independent shops, cafés, traditional pubs, and healthcare facilities. This village is particularly attractive to families due to its reputable schools such as St Mary's Primary Academy and William Farr Church of England Comprehensive School. Furthermore, Lincoln city centre is approximately six miles away, ensuring convenient access to an extensive range of shopping and transport links. Given the increasing rarity of properties with such potential in this sought-after location, this listing is ideal for developers or investors keen on taking on a rewarding renovation project.

Investment analysis

(LN2 area)

Below Market Value

This property is priced -17.3% below area average per sq ft

-17.3%
Potential saving
This Property
£208/sq ft
Area Average
£252/sq ft
Avg Rent (weekly)
£225
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£146,333
10% above area average per sq ft
Potential ROI
-30.3%
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

Vicarage Lane, Welton, Lincoln, LN2
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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
£416
Based on a loan of £82,500 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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