Ashlin Grove, Lincoln LN1
East Midlands
£339,950
Listed on 10/10/2026
Listed on 10/10/2026
The listing
Property details
Bedrooms
4Type
End TerraceArea
1881 sqftFeatures
- Garden
- HMO
Description
This substantial period property offers a unique opportunity to create a spacious family home or an attractive rental investment. Arranged over three floors, the building boasts generous room sizes and five double bedrooms. Currently functioning as a fully let HMO, the property will be sold with vacant possession, allowing for owner-occupiers to add their personal touch or investors to reinstate its rental potential. The charm of the home is highlighted by numerous original features, while the flexible layout can accommodate various living arrangements. The kitchen diner leads directly to an enclosed rear garden with outbuilding storage, perfect for outdoor use. Located conveniently near Lincoln City Centre, this property is within reach of local amenities and transport links, making it ideal for families or tenants alike.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
79out of 100
Grade BGood opportunity
Confidence: MEDIUM
A substantial three-storey period home with generous proportions, character features and flexible accommodation, including a ground-floor room that can serve as a bedroom, dining room or additional reception space. The asking price of £339,950 works out at £181/sq ft, around 23% below the local average—a strong acquisition point for a buyer looking to add value. The interiors are usable but dated, leaving scope for a light refresh: the existing renovation range is £5,000–£14,000, with cosmetic updates to finishes, flooring and the kitchen and bathroom among the options. The enclosed garden and useful outbuilding storage add to the appeal.
Key opportunities
- Use the flexible ground-floor room as a bedroom, dining room or additional reception space to suit different needs.
- Refresh dated finishes and worn flooring, with scope for cosmetic updates to the kitchen and bathroom.
- Improve the enclosed lawn-and-patio garden and make use of the outbuilding storage.
Key risks
None recorded.
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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
£1,284
Based on a loan of £254,962 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
-6.9% since listed
£339,950£10,000(-2.9%)
15/10/2026£349,950£15,050(-4.1%)
26/08/2026£365,000Initial listing
14/07/2026Services
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