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Roydon Grove, Lincoln LN6 - Image 1
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Roydon Grove, Lincoln LN6

East Midlands

£185,000
Listed on 20/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1033 sqft

Description

This extended semi-detached property offers a significant renovation opportunity in a well-regarded residential neighborhood on the outskirts of Lincoln. Ideal for cash buyers ready to undertake a project, this spacious home has the potential to be transformed into a tailored living space. The accommodation currently features an entrance hall, a living room, and a cloakroom that previously housed a W.C., allowing for easy reinstatement. The kitchen extends into an open-plan dining and living area, leading to an additional family room. The first floor includes three bedrooms and a family bathroom that may require modernization. Outside, the property boasts off-road parking with a gravel front garden and gated side access to a large rear garden that is mainly lawned with a patio area. Two garages/workshops at the back are in need of repair, providing further scope for development or storage. Conveniently located near local shops, schools, and amenities, this property also provides quick access to Lincoln city center. Note that renovation works are essential and this home is best suited for cash buyers due to certain aspects affecting mortgage lending, including the lack of certification for the recently installed central heating boiler. Interested parties needing financing should consult with their lenders regarding potential loan-to-value ratios.

Investment Analysis

(LN6 area)

Below Market Value

This property is priced -27.2% below area average per sq ft

-27.2%
Potential saving
This Property
£179/sq ft
Area Average
£246/sq ft
Avg Rent (weekly)
£235
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£279,416
10% above area average per sq ft
Potential ROI
+21.5%
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

Roydon Grove, 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
£655
Based on a loan of £138,750 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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