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Sheraton Close, Lincoln LN6 - Image 1
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Sheraton Close, Lincoln LN6

East Midlands

£270,000
Listed on 20/04/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1223 sqft

Description

This three-bedroom detached bungalow, located in the desirable Birchwood area of Lincoln, presents an excellent opportunity for buyers seeking a project to enhance and personalize. Although the property requires cosmetic improvements throughout, its well-established layout offers significant potential for value addition. The accommodation includes an inviting porch leading into an entrance hall, a generous living room connected to a dining area, and a conservatory that provides views of the private rear garden. The kitchen is fully equipped with integrated appliances and features ample cabinetry. Three bedrooms are available, including two doubles; the master is complemented by an en-suite shower room. A family bathroom services the additional rooms. Noteworthy aspects include gas central heating and double-glazing across most windows. Outside, the driveway ensures considerable off-street parking alongside a larger-than-average garage. The rear garden is predominantly lawned and enjoys privacy from neighboring properties. Located on Sheraton Close, residents have convenient access to local amenities such as schools, shops, medical facilities, and transportation links to Lincoln city centre and major roadways. This property offers a compelling canvas for those looking to invest in home customization.

Investment Analysis

(LN6 area)

Below Market Value

This property is priced -10.2% below area average per sq ft

-10.2%
Potential saving
This Property
£221/sq ft
Area Average
£246/sq ft
Avg Rent (weekly)
£235
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£330,809
10% above area average per sq ft
Potential ROI
+8.5%
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

Sheraton Close, 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
£956
Based on a loan of £202,500 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.

Stamp Duty Calculator

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