Horton Street, Lincoln, Lincolnshire, LN2
East Midlands
£120,000Guide Price
Listed on 25/09/2026
Listed on 25/09/2026
The listing
Property details
Bedrooms
3Type
TerracedDescription
This three-bedroom terraced house has a traditional bay-fronted exterior and accommodation that includes a reception room and additional living or dining space. The listing describes the rooms as well proportioned and identifies the property as requiring modernisation and improvement, offering scope for a buyer to update the existing home.
Offered for sale by the Modern Method of Auction, the sale is subject to a 56-day reservation period. A buyer information pack costs £300 including VAT, and the reservation fee is 4.5% of the purchase price including VAT, subject to a minimum of £6,600. Buyers considering a mortgage are advised to check the property with their lender before bidding. Bairstow Eves in Lincoln is marketing the property.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
46out of 100
Grade ELow opportunity
Confidence: LOW
The traditional bay-fronted exterior and good-sized rooms give this three-bedroom terrace a useful canvas, with a relatively modern, usable-looking bathroom already in place. Visible living areas and bedrooms have dated finishes and localised marks, while the worn kitchen and overgrown rear yard offer clear scope to refresh and make the home your own; the renovation range is £25,000–£45,000. The rear roof covering and structure look aged and need closer inspection, though the photos do not confirm a defect.
The score is 46/100 (grade E), reflecting limited condition and price/value evidence rather than a confirmed poor price: floor area is missing, so value against local £/sq ft cannot yet be judged. The purchase price plus the renovation midpoint is £155,000, but without floor area or a stated resale value the residual opportunity cannot be assessed.
Key opportunities
- Retain and build on the traditional bay-fronted appearance and good-sized accommodation.
- Refresh dated finishes and worn flooring, and improve the worn kitchen to suit a buyer’s own style.
- Clear and improve the enclosed rear yard, creating a more usable outdoor space.
Key risks
- The rear roof covering and structure appear aged and uneven; arrange a closer inspection to establish their condition.
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Transport
Nearest stations
Lincoln Central Rail Station
1.0 miles
Train · Lincoln
Hykeham Rail Station
4.2 miles
Train · North Hykeham
Saxilby Rail Station
6.5 miles
Train · Saxilby
Metheringham Rail Station
8.3 miles
Train · Metheringham
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
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
£453
Based on a loan of £90,000 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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