Lilac Cottage, Horncastle Road, Bardney, Lincoln, LN3 5SU

This semi-detached house on Horncastle Road presents an exciting opportunity for those looking to invest in a renovation project. With an asking price of just £30,000, equating to £3/sqf, this property is exceptionally cheap compared to the local average of £248/sqf, allowing for significant potential upside. The large plot size of approximately 11,894 sq ft adds to its appeal, providing ample space for future improvements and landscaping.

While the interior shows visible wear and a need for modernisation throughout, this offers a blank canvas for buyers to reimagine the living spaces. The dated kitchen and bathroom, along with the worn flooring and peeling wallpaper in the living areas, highlight the scope for upgrades. With a renovation budget estimated between £50,000 and £100,000, there is considerable potential to enhance the property's value significantly, especially given the implied current local average value of nearly £2.95 million. This project is not for the faint-hearted, but for those willing to put in the work, the rewards could be substantial.