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5 Epsom Road, Lincoln, Lincolnshire LN6 0FJ - Image 1
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5 Epsom Road, Lincoln, Lincolnshire LN6 0FJ - Image 3

5 Epsom Road, Lincoln, Lincolnshire LN6 0FJ

East Midlands

£70,000Guide Price

Listed on 03/09/2026

The listing

Property details

Bedrooms
N/A
Type
Terraced

Description

Offered at auction, this mid-terrace property presents a promising opportunity for renovation and investment. The accommodation comprises an entrance hall, a lounge, and a dining kitchen on the ground floor, while the first floor features two double bedrooms and a bathroom. The property benefits from gas central heating and off-street parking, alongside gardens to both the front and rear. Although requiring general modernisation and refurbishment throughout, the layout offers potential for reconfiguration to enhance living spaces. This property is ideally suited for buyers looking to add value through improvements in a competitive market.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

53out of 100
Grade DWeak opportunity

Confidence: LOW

This mid-terrace property presents a noteworthy opportunity for anyone looking to invest in a renovation project. With an asking price of £70,000, it stands out as a competitive option compared to the local average sale price of £267,330, suggesting potential undervaluation. The property requires extensive refurbishment throughout, with dated interiors including worn flooring and decor in the living and bedroom areas, alongside a basic kitchen and outdated bathroom fixtures. The exterior shows signs of wear, and the garden is notably overgrown.

There are some appealing aspects to this property, such as off-street parking and the potential to significantly increase value through modernisation. The renovation range of £40,000 to £80,000 gives a clear scope of what can be done to enhance the living spaces and overall appeal of the house. With the right vision, this property could become a fantastic home or rental investment.

Key opportunities

  • Competitive asking price compared to local averages suggests potential for value increase.
  • Off-street parking is a valuable feature in this area.
  • Scope for extensive refurbishment allows for personalisation and modernisation.

Key risks

  • General wear and tear observed in multiple areas, indicating a significant project scale.

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Map

Location

5 Epsom Road, Lincoln, Lincolnshire LN6 0FJ
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£264
Based on a loan of £52,500 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.

Tax

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

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