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Russell Street, Lincoln LN5 - Image 1
Russell Street, Lincoln LN5 - Image 2
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Russell Street, Lincoln LN5

East Midlands

£110,000

Listed on 10/10/2026

The listing

Property details

Bedrooms
2
Type
Terraced
Area
557 sqft

Features

  • Garden

Description

This two-bedroom mid-terraced house is offered with no onward chain and requires modernisation. The ground floor has two separate reception rooms, a fitted kitchen and a bathroom, while upstairs are two double bedrooms. The layout and existing rooms provide a basis for updating to suit a new owner or investment plan. The kitchen has fitted wall and base units, worktop space, a sink, an electric oven and spaces for a fridge-freezer and washing machine. The ground-floor bathroom includes a bath, WC and wash basin. To the rear, an enclosed garden has lawn and concrete areas, along with an outbuilding for storage. On-street parking is available at the front. Russell Street is just off Newark Road, with access to Lincoln city centre, local amenities and nearby bus connections. Boultham Park and the South Common are within reach, as are schools including The Priory Academy LSST.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

58out of 100
Grade DWeak opportunity

Confidence: MEDIUM

At £110,000, this two-bedroom terrace is priced below the local average per square foot, giving buyers a relatively inexpensive way into a convenient Lincoln location. The two reception rooms, two double bedrooms and enclosed rear garden provide a useful base, with scope to refresh the dated finishes, redecorate and improve the overgrown garden. The kitchen appears functional in the photos, while marks and staining across several rooms are worth checking as part of the project.

Key opportunities

  • Refresh the dated decoration and flooring across the photographed rooms.
  • Improve the overgrown enclosed rear garden and make better use of its outbuilding.
  • Acquire a two-bedroom, two-reception home below the local average £/sqf.

Key risks

  • Wall staining and marks are visible in several rooms; investigate the cause and extent before budgeting for redecoration.

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Map

Location

Russell Street, Lincoln LN5
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Finance

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Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£416
Based on a loan of £82,500 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.

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