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Harmston Road, Aubourn, Lincoln LN5

East Midlands

£250,000

Listed on 15/06/2026

Property Details

Bedrooms
2
Type
Detached
Area
908 sqft

Description

This quaint two-bedroom cottage offers a unique opportunity for renovation enthusiasts and savvy investors. Nestled on the outskirts of a picturesque Lincolnshire village, the property boasts stunning rural vistas and an expansive private garden, making it an ideal setting to create a dream home. The interior features a boot room, dining room, and a lounge with an inviting open fire, alongside a basic kitchen. The upper level accommodates two bedrooms and a bathroom. While 'The Cottage' requires modernisation, it presents a fantastic blank slate for those looking to infuse their personal style into the space. Outside, the large gravel driveway provides ample parking, while the substantial rear garden is primarily laid to lawn, dotted with mature trees and offering breathtaking views of the countryside. Set in Aubourn village, known for its charm and community spirit, residents enjoy access to local amenities including a welcoming pub and schools rated 'Good' by Ofsted. Commuters will appreciate the proximity to major transport links like the A46 and Newark Northgate railway station, which connects directly to London Kings Cross in approximately 1 hour 20 minutes.

Investment Analysis

(LN5 area)

Above Market Value

This property is priced +25.0% above area average per sq ft

+25.0%
This Property
£275/sq ft
Area Average
£220/sq ft
Avg Rent (weekly)
£215
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£220,086
10% above area average per sq ft
Potential ROI
-21.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (LN5)

Area prices are rising by +7.4% over the last 12 months
3 year growth: +3.2%
5 year growth: +1.7%
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

Harmston Road, Aubourn, Lincoln LN5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£944
Based on a loan of £187,500 over 30 years at 4.45% 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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