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Shearwater Road, Lincoln LN6 - Image 1
Shearwater Road, Lincoln LN6 - Image 2
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Shearwater Road, Lincoln LN6

East Midlands

£375,000
Listed on 17/03/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
1328 sqft

Description

This three-bedroom detached bungalow in Lincoln offers a spacious layout and is set on a generously sized plot, making it an intriguing opportunity for renovation and investment. While the property is currently comfortable and move-in ready, it provides ample room to make enhancements to suit your personal style. The south-east facing garden is both extensive and mature, boasting a tranquil atmosphere with views overlooking Hartsholme Lake, adding to the potential for outdoor improvements. Inside, you will find bright living spaces with large windows allowing natural light to flood in, highlighting the well-proportioned bedrooms and versatile living areas. The property features a garage and off-road parking, while the surrounding area benefits from great access to local amenities, schools, and nature trails. With possible expansion opportunities subject to planning permissions, this bungalow is not only a pleasant home but also an exciting prospect for those looking to invest in their future.

Investment Analysis

(LN6 area)

Above Market Value

This property is priced +14.8% above area average per sq ft

+14.8%
This Property
£282/sq ft
Area Average
£246/sq ft
Avg Rent (weekly)
£235
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£359,211
10% above area average per sq ft
Potential ROI
-13.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
72
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LN6)

Area prices are stable by +1.6% over the last 12 months
3 year growth: +2.3%
5 year growth: +13.7%
Investment Disclaimer: Analysis based on LN6 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

Shearwater Road, Lincoln LN6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,328
Based on a loan of £281,250 over 30 years at 3.91% 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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