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Meadowlake Crescent, Lincoln LN6

East Midlands

£190,000

Listed on 10/06/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
672 sqft

Description

This two-bedroom detached bungalow, set at the end of a quiet cul-de-sac in the sought-after Doddington Park area of Lincoln, offers an excellent opportunity for renovation. The property features an entrance hall leading to a spacious lounge with a gas fire and access to the rear garden. The kitchen is equipped with basic wall and base units, presenting potential for modern upgrades. Both double bedrooms have fitted wardrobes, while the shower room is functional yet could benefit from contemporary styling. Externally, there are manageable front and rear gardens, ample driveway parking for several vehicles, and a detached single garage with an electric roller door. Although the property requires some modernization, its potential is significant for those looking to invest or create their ideal living space. Viewing is strongly recommended to appreciate what this bungalow has to offer.

Investment Analysis

(LN6 area)

Above Market Value

This property is priced +15.9% above area average per sq ft

+15.9%
This Property
£283/sq ft
Area Average
£244/sq ft
Avg Rent (weekly)
£233
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£180,365
10% above area average per sq ft
Potential ROI
-18.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
61
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (LN6)

Area prices are stable by -1.1% over the last 12 months
3 year growth: +0.7%
5 year growth: +11.1%
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

Meadowlake Crescent, Lincoln LN6
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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
£718
Based on a loan of £142,500 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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