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Ashlin Grove, Lincoln LN1

East Midlands

£365,000

Listed on 09/07/2026

Property details

Bedrooms
4
Type
End Terrace
Area
1881 sqft

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.

Investment analysis

(LN1 area)

Below Market Value

This property is priced -17.8% below area average per sq ft

-17.8%
Potential saving
This Property
£194/sq ft
Area Average
£236/sq ft
Avg Rent (weekly)
£246
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£488,411
10% above area average per sq ft
Potential ROI
+20.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (LN1)

Area prices are falling by -2.1% over the last 12 months
3 year growth: -8.1%
5 year growth: -1.9%
Investment Disclaimer: Analysis based on LN1 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

Ashlin Grove, Lincoln LN1
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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
£1,379
Based on a loan of £273,750 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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