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Belvoir Close, Waddington, Lincoln, Lincolnshire LN5 - Image 1
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Belvoir Close, Waddington, Lincoln, Lincolnshire LN5 - Image 3

Belvoir Close, Waddington, Lincoln, Lincolnshire LN5

East Midlands

£400,000
Listed on 17/03/2026

Property Details

Bedrooms
6
Type
Bungalow
Area
2281 sqft

Description

This substantial 6-bedroom detached residence presents a rare opportunity for both family living and investment potential. The property boasts a generous internal layout, complemented by a wrap-around plot that includes multiple outbuildings, all of which enhance its versatility. The home features well-proportioned rooms, including an expansive lounge with an open fire, a fitted kitchen with utility space, and a garden room that connects to the outside. Each bedroom is spacious, providing ample natural light and comfort. Notably, the detached home office comes with existing business licensing, making it ideal for entrepreneurs or remote workers. Additionally, the property hosts 13 owned solar panels, promoting energy efficiency. With potential for further expansion or development subject to planning permissions, this home stands out as a prime canvas for renovation and enhancement. Situated in Waddington, conveniently close to local amenities and transport links, this property is not just a home but an investment opportunity waiting to be explored.

Investment Analysis

(LN5 area)

Below Market Value

This property is priced -19.4% below area average per sq ft

-19.4%
Potential saving
This Property
£175/sq ft
Area Average
£218/sq ft
Avg Rent (weekly)
£189
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£545,729
10% above area average per sq ft
Potential ROI
+11.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (LN5)

Area prices are rising by +5.3% over the last 12 months
3 year growth: +1.3%
5 year growth: -0.2%
Investment Disclaimer: Analysis based on LN5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Belvoir Close, Waddington, Lincoln, Lincolnshire LN5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,443
Based on a loan of £300,000 over 30 years at 4.06% 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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