Norris Street, Lincoln, Lincolnshire, LN5
East Midlands
£109,950
Listed on 19/10/2026
Listed on 19/10/2026
The listing
Property details
Bedrooms
2Type
TerracedFeatures
- Garden
Description
This two-bedroom terraced house in Lincoln has two separate reception rooms, a galley kitchen and a first-floor bathroom, with an enclosed rear courtyard. The accommodation is arranged over two floors and offers a traditional layout for a refurbishment project.
The front living room is approximately 11m², while the separate dining room is approximately 13m². The kitchen, around 6m², has wall and base units, work surfaces and a sink, with access towards the courtyard. Upstairs are a principal double bedroom with a decorative fireplace and built-in storage, a second bedroom of approximately 7m², and a family bathroom with a bath and overhead shower, wash basin and WC.
The property is described as requiring refurbishment, modernisation and general upgrading. The existing rooms and layout provide scope for improvement, whether for resale, rental or owner occupation. The rear courtyard is paved and enclosed, with potential to improve its use as an outdoor seating area. The property is offered for sale by private treaty.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
50out of 100
Grade DWeak opportunity
Confidence: LOW
This is a manageable project with a traditional two-reception layout and an enclosed courtyard to work with. The photographed rooms offer scope to refresh decoration and flooring, with proportionate updates to the narrow kitchen and bathroom; the visible frontage appears generally intact. The indicative renovation range is £8,000–£18,000, though the wall crack and uneven or marked ceiling finish should be checked as part of planning the work.
The score is a weak 50/100 overall, with location a positive. At £109,950, value against local £/sq ft cannot yet be judged because the floor area is missing; that data gap also limits assessment of the project’s residual value.
Key opportunities
- Refresh the dated decoration and older flooring across the photographed reception rooms and bedrooms.
- Modernise the narrow galley kitchen and dated bathroom finishes while retaining the existing fittings where suitable.
- Improve the enclosed paved courtyard to make better use of the outdoor space.
Key risks
- A visible wall crack and uneven or marked ceiling finish need inspection to establish whether any repair beyond cosmetic work is required.
- Roof condition cannot be judged from the available street-level views.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£415
Based on a loan of £82,462 over 30 years at 4.45% interest
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