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Newland Street West, Lincoln, LN1 - Image 1
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Newland Street West, Lincoln, LN1

East Midlands

£110,000Guide Price

Listed on 11/10/2026

The listing

Property details

Bedrooms
3
Type
Terraced
Area
774 sqft

Description

This three-bedroom terraced house, located in the sought-after West End of Lincoln, presents a promising opportunity for buyers looking to invest in a property with renovation potential. The accommodation includes a living room, breakfast kitchen, rear lobby, and a ground floor bathroom, with three bedrooms situated on the first floor. While the property requires some updating, it offers a blank canvas for new owners to modernize and personalize to their taste. A key feature is the installation of solar panels, enhancing energy efficiency, alongside a recently installed gas central heating boiler that comes with a transferable warranty. The exterior includes a rear yard with a brick-built outbuilding, which could serve as useful storage or be converted into a home office or garden room, subject to necessary consents. Conveniently positioned within walking distance of Lincoln city centre, this property is well-placed for access to shops, restaurants, bars, and local amenities, as well as being close to Lincoln University and the railway station. This property is offered at auction, making it an appealing option for investors, first-time buyers, or anyone seeking to improve and add value to their new home.

WHOTS analysis

Our WHOTS verdict

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

69out of 100
Grade CPotential opportunity

Confidence: MEDIUM

This three-bedroom terraced house in Lincoln offers a noteworthy opportunity for buyers seeking a renovation project. With an asking price of £110,000, it's priced significantly below the local average at just £142/sqf, making it an attractive option for those looking to acquire and improve a property. The home features dated interiors throughout, including the living areas, kitchen, and bathroom, but this presents a blank canvas for prospective buyers to modernize and add their personal touch.

The property also boasts some appealing features, such as solar panels for energy efficiency and a recently installed gas central heating boiler with a transferable warranty. The rear yard includes a brick-built outbuilding, which could potentially be converted into a home office or additional living space, subject to the necessary consents. While significant updating is required, the potential for value addition here is strong, especially given its proximity to Lincoln's city centre and local amenities.

Key opportunities

  • Significantly below local average price per square foot, allowing for potential equity growth after renovations.
  • Opportunity to modernize dated interiors and personalize the living space.
  • Potential for conversion of the garden outbuilding into usable extra space.

Key risks

  • Medium project scale requiring substantial updates throughout.
  • Potential damp issues in places, which may require attention.
  • General wear and need for updating across various areas of the property.

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Map

Location

Newland Street West, Lincoln, LN1
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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
£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.

Tax

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