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Brant Road, Waddington, Lincoln, Lincolnshire, LN5 9AN - Image 1
Brant Road, Waddington, Lincoln, Lincolnshire, LN5 9AN - Image 2
Brant Road, Waddington, Lincoln, Lincolnshire, LN5 9AN - Image 3

Brant Road, Waddington, Lincoln, Lincolnshire, LN5 9AN

East Midlands

£180,000

Listed on 23/09/2026

The listing

Property details

Bedrooms
2
Type
Bungalow
Area
707 sqft

Description

This two to three-bedroom detached bungalow presents a unique opportunity for buyers seeking a property to modernize and customize to their taste. Situated on a generous plot on the sought-after Brant Road in Waddington, this home offers flexible accommodation and a spacious garden, ideal for those who appreciate outdoor space. The living room, measuring approximately 4.7m x 3.8m, serves as a welcoming main reception area. The kitchen, also of good size at approximately 4.7m x 2.7m, provides access to the rear garden, enhancing the potential for outdoor entertaining or gardening. The layout includes two well-proportioned bedrooms, with the principal bedroom measuring approximately 4.0m x 3.1m and a second bedroom at approximately 3.2m x 3.1m. Additionally, a versatile room measuring approximately 3.7m x 2.8m can be adapted as a third bedroom, dining room, or home office, catering to various lifestyle needs. Although the property requires modernisation, this aspect allows the next owner to create a space that reflects their personal style rather than settling for someone else's choices. The exterior boasts a substantial garden, perfect for landscaping or outdoor activities, along with a garage for parking or storage. Located conveniently near Lincoln city centre and local amenities, this bungalow is an appealing option for those looking to invest in a property with significant potential.

WHOTS analysis

Our WHOTS verdict

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

35out of 100
Grade ELow opportunity

Confidence: MEDIUM

This spacious two/three-bedroom detached bungalow on a generous plot in Waddington offers a wealth of potential for the right buyer. Although it requires extensive modernisation, the opportunity to update and personalise this property is appealing, especially given the flexibility of its accommodation and the good-sized garden. The living areas and kitchen are dated, but this provides a canvas for someone looking to stamp their own style on a home.

However, the asking price of £180,000 translates to £255/sqf, which is notably above the local average of £221/sqf, marking it as a dear option in the current market. Coupled with the projected all-in costs of around £240,000 against a local average value of £156,106, the economics are challenging. With renovation costs estimated between £40,000 and £80,000, buyers should be mindful of the financial implications when considering this project. Still, for those willing to invest in the necessary updates, this bungalow has the potential to transform into a fantastic long-term home.

Key opportunities

  • Generous garden offers great landscaping potential.
  • Flexible accommodation allows for personalisation and reconfiguration.
  • Good-sized plot suitable for extending or enhancing the property.

Key risks

  • Asking price plus renovation costs leave all-in expenses stretched compared to local benchmarks.

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Map

Location

Brant Road, Waddington, Lincoln, Lincolnshire, LN5 9AN
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Finance

Mortgage calculator

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

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£680
Based on a loan of £135,000 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.

Tax

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

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