Meadowlake Crescent, Lincoln LN6
East Midlands
£170,000
Listed on 10/10/2026
Listed on 10/10/2026
The listing
Property details
Bedrooms
2Type
Detached BungalowArea
672 sqftFeatures
- Garage
- Garden
- Parking
Description
This detached two-bedroom bungalow is positioned at the end of a cul-de-sac in Doddington Park, south of Lincoln city centre. The accommodation comprises an entrance hall, lounge, kitchen, two double bedrooms and a shower room. The property is offered with no onward chain and is described as requiring modernisation, providing scope for a purchaser to update the existing accommodation.
Outside, there are front and rear gardens, a side driveway with space for multiple vehicles and a detached single garage. The lounge and kitchen both have access to or outlooks over the rear garden. Lincoln offers city-centre shops and services, as well as the Cathedral, Castle, university, cinema, marina and art gallery.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
34out of 100
Grade ELow opportunity
Confidence: MEDIUM
This detached two-bedroom bungalow has a clear renovation canvas: the lounge and bedrooms could be refreshed, the heavily stained and deteriorated kitchen needs investigation and substantial work, and the overgrown rear garden offers scope to improve the outside space. The driveway, detached garage and cul-de-sac position in Doddington Park add useful appeal, while the available exterior view shows no obvious major roof or structural failure.
The £170,000 asking price is already about 3.6% above the local £/sqf average, so price is not a bargain here. Adding the £25,000–£45,000 renovation range puts purchase plus works at roughly £195,000–£215,000, stretched against the local benchmark for this floor area; that comparison is with current local average value, not a post-renovation GDV. The substantial project and weak economics weigh heavily on the overall E-grade opportunity.
Key opportunities
- Use the bungalow’s two-bedroom layout as a base for a coordinated interior update, including refreshed living spaces and a new kitchen once the cause and extent of the staining are understood.
- Turn the overgrown rear garden into a more usable outdoor space, with the existing driveway and detached garage adding practical value to the plot.
Key risks
- The stained and deteriorated kitchen surfaces need investigation to establish the cause and full scope of work.
- Dated finishes across several rooms, visible kitchen deterioration and a neglected garden make this a substantial £25,000–£45,000 programme rather than a cosmetic refresh.
- At £170,000 plus the stated works range, the projected spend is stretched against the local average-value benchmark for this floor area.
- Purchase plus works may take you to around £205,000 once the asking price and an estimated £35,000 of refurbishment are combined, leaving a gap of around 20% versus area norms for this sqft. Finished value after works is not modelled here.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£642
Based on a loan of £127,500 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
Pricing
Price history
-10.5% since listed
£170,000£20,000(-10.5%)
15/10/2026£190,000Initial listing
09/06/2026Services
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