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Foster Street, Lincoln LN5 - Image 1
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Foster Street, Lincoln LN5

East Midlands

£120,000
Listed on 12/09/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom terrace house presents an excellent opportunity for renovation and investment. While it requires modernization, its straightforward layout and solid structure provide a blank canvas for those looking to create a personalized living space or capitalize on rental potential. The property is offered with no onward chain, facilitating a smoother purchase process. Situated within walking distance of the City Centre, residents will benefit from easy access to a variety of amenities, including schools, healthcare facilities, and local shops. This desirable location enhances the property's appeal for both homeowners and investors alike. The ground floor features an entrance hall that leads into a lounge with a bay window and fireplace, creating a warm focal point. Adjacent to the lounge is a dining room, also equipped with a fireplace, which opens up possibilities for entertaining or family gatherings. The kitchen is functional but in need of updating, providing ample space for new fixtures and fittings tailored to modern culinary needs. A convenient wet room completes the ground floor layout. Upstairs, you’ll find three bedrooms ranging in size, each benefiting from natural light through their windows. The design allows for flexibility in reimagining these spaces according to individual preferences or market demands. Outside, the property includes a rear courtyard garden, offering potential for outdoor improvements or landscaping projects that can enhance

Investment Analysis

(LN5 area)
Area Average
£212/sq ft
Avg Rent (weekly)
£209
Avg Yield
4.6%

Renovation Potential

Est. Renovation Cost
£12,000 - £30,000
10-25% of property value
Monthly Sales
29
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (LN5)

Area prices are rising by +6.9% over the last 12 months
3 year growth: 1.2%
5 year growth: 9.0%
Investment Disclaimer: Analysis based on LN5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Foster Street, Lincoln LN5
Map showing location of Foster Street, Lincoln LN5
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