Cross Keys Lane, Coningsby, LINCOLN
East Midlands
£110,000Guide Price
Listed on 28/10/2026
Listed on 28/10/2026
The listing
Property details
Bedrooms
3Type
Detached BungalowArea
885 sqftFeatures
- Garage
- Garden
- Parking
Description
Offered at auction, this three-bedroom detached bungalow in a semi-rural East Midlands setting has a generous plot and scope for modernisation. The accommodation includes an entrance hall, a lounge/diner, a kitchen, three bedrooms and a shower room. The lounge has windows to the front and rear, while the kitchen has base units, work surfaces, a sink and space for freestanding appliances. Two bedrooms have built-in storage areas.
Outside, a gravel driveway provides off-road parking, with a lawned foregarden and a wraparound garden that includes a greenhouse, shed and oil tank. The garage is described as requiring total renovation. The listing also states that asbestos is present in the internal walls. Buyers should review the auction information and obtain appropriate specialist advice on the property and its condition.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
76out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £110,000, this detached three-bedroom bungalow is priced at £124/sqf against a local average of £240/sqf, making the asking price a standout opportunity to acquire well below the area’s typical level. The dated finishes across several interior areas give a buyer scope for a medium-scale refresh, while the detached setting, driveway and garden provide a solid base to make it their own.
There is further value in improving the overgrown garden and ageing outbuildings; the listing also says the garage needs total renovation. The visible roof appears intact, but the wall line or crack needs inspection, and the reported asbestos in internal walls calls for appropriate checks and specialist advice.
Key opportunities
- Refresh the dated wall finishes and flooring across the lounge and bedrooms to give the interior a more current feel.
- Update the older kitchen units and worktops to suit the next owner’s style.
- Tackle the overgrown garden and ageing outbuildings, including assessing the garage’s stated need for total renovation.
Key risks
- Inspect the visible line or crack in a wall to establish whether it is cosmetic or needs further investigation.
- The listing reports asbestos in internal walls; obtain appropriate specialist advice before disturbing them.
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Transport
Nearest stations
Hubberts Bridge Rail Station
9.2 miles
Train · Hubberts Bridge
Swineshead Rail Station
9.5 miles
Train · Swineshead Bridge
Boston Rail Station
10.2 miles
Train · Boston
Metheringham Rail Station
10.3 miles
Train · Metheringham
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 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.
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