Worst House on the Street Logo
Peel Street, Lincoln LN5 - Image 1
Peel Street, Lincoln LN5 - Image 2
Peel Street, Lincoln LN5 - Image 3

Peel Street, Lincoln LN5

East Midlands

£105,000
Listed on 28/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
738 sqft

Description

This three-bedroom mid-terrace property is conveniently located just off the High Street in Lincoln, presenting a significant opportunity for those interested in renovation and investment. While the home is currently in need of full modernisation, it stands as a blank canvas for potential buyers or investors eager to enhance its value. The layout includes an entrance hallway, lounge, dining room, kitchen, and a ground floor bathroom, alongside three bedrooms on the first floor. Externally, there is an enclosed rear yard with outbuildings and on-street parking available at the front, adding to its practicality. Given that it is being sold with no onward chain, this property could be transformed into a desirable rental or family home within a historically rich city known for its shops, amenities, and educational institutions.

Investment Analysis

(LN5 area)

Below Market Value

This property is priced -35.0% below area average per sq ft

-35.0%
Potential saving
This Property
£142/sq ft
Area Average
£219/sq ft
Avg Rent (weekly)
£199
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£177,744
10% above area average per sq ft
Potential ROI
+14.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LN5)

Area prices are rising by +9.0% over the last 12 months
3 year growth: +4.5%
5 year growth: +2.3%
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

Peel Street, Lincoln LN5
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£372
Based on a loan of £78,750 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates