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Ellison Street, Lincoln

East Midlands

£110,000

Listed on 16/10/2026

The listing

Property details

Bedrooms
2
Type
Terraced
Area
638 sqft

Features

  • Garden

Description

This two-bedroom mid-terraced house in the Bracebridge area of Lincoln is described as requiring modernisation. The through lounge and dining room measures approximately 21 feet by 12 feet and has windows to the front and rear, under-stairs storage, two electric storage heaters and a gas fire. The kitchen has fitted wall and base units, a gas hob and cooker, space for a fridge-freezer and washing machine, and access through a rear porch to the garden. Both bedrooms are on the first floor, with the second described as a double room overlooking the rear garden. The ground-floor bathroom has a bath with an electric shower over, WC, wash basin and airing cupboard. Outside, the property has an enclosed rear garden with a shed; on-street parking is available at the front. The location is just off Newark Road, with an Aldi, Priory Academy LSST and local amenities nearby. Lincoln city centre is around a five-minute drive away, and Newark Road provides connections around the city and surrounding area. The property offers scope for improvement, subject to inspection and the buyer's plans.

WHOTS analysis

Our WHOTS verdict

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

66out of 100
Grade CPotential opportunity

Confidence: MEDIUM

At £110,000, this two-bedroom terrace is priced at £172 per sq ft, around 22% below the local average—a clear opportunity to acquire below the area’s typical £/sq ft and add value through a light refresh. The through reception room is usable and benefits from windows at both ends, while the dated finishes, worn flooring and untidy enclosed garden offer scope to make the home feel brighter and more cared for.

Key opportunities

  • Refresh the dated reception decoration and flooring, making the most of the room’s natural light from windows at both ends.
  • Make good the visible wall-covering damage and worn finishes to give the bedrooms a cleaner, more cohesive feel.
  • Clear and tidy the enclosed rear garden, and assess whether the worn shed can be improved.

Key risks

None recorded.

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Map

Location

Ellison Street, Lincoln
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Transport

Nearest stations

  • Lincoln Central Rail Station

    1.5 miles

    Train · Lincoln

  • Hykeham Rail Station

    2.2 miles

    Train · North Hykeham

  • Saxilby Rail Station

    6.4 miles

    Train · Saxilby

  • Swinderby Rail Station

    6.8 miles

    Train · Swinderby

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 5.13%

Current average variable rate is 6.58%

Monthly Repayments
£449
Based on a loan of £82,500 over 30 years at 5.13% 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.

Services

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