Horner Close, Lincoln
East Midlands
£160,000
Listed on 24/10/2026
Listed on 24/10/2026
The listing
Property details
Bedrooms
2Type
BungalowFeatures
- Garage
- Garden
Description
This two-bedroom bungalow in Lincoln's Brant Road area has a lounge, separate kitchen and a small dining room or study, alongside two double bedrooms and a shower room. The layout offers several distinct living spaces, with scope to update the interior to suit a new owner's requirements. The property is offered with no onward chain.
Outside, a mature wrap-around garden includes established planting, paved areas and a garden shed. A detached single garage provides additional storage and parking. Local amenities and transport links are nearby. The listing describes the property as requiring internal improvement, making it a project for buyers prepared to undertake refurbishment.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
52out of 100
Grade DWeak opportunity
Confidence: LOW
This two-bedroom bungalow in Brant Road has a useful, manageable canvas: the visible rooms are dated, with worn-looking flooring and an older kitchen, while the shower room appears intact. A light cosmetic update—around £6,500–£14,000—could refresh the interiors, and the mature wrap-around garden, detached garage and flexible study/dining room add practical appeal. The visible exterior also appears generally intact.
The overall score is 52/100, grade D: the project has merit, but the opportunity is not fully assessable on value because floor area is missing, so comparison with local £/sqf cannot yet be judged. The guide is £160,000–£180,000; the stated purchase price plus renovation midpoint is about £170,250, but without floor area or a stated resale value, the economics remain uncertain.
Key opportunities
- Refresh the dated wall finishes and worn-looking flooring with a focused cosmetic update.
- Update the older kitchen, including closer inspection of the partly unfinished-looking floor and exposed lower-wall pipework.
- Make use of the mature wrap-around garden, detached garage and flexible study/dining room.
Key risks
None recorded.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£604
Based on a loan of £120,000 over 30 years at 4.45% interest
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