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Coleridge Gardens, Lincoln LN2

East Midlands

£120,000

Listed on 22/10/2026

The listing

Property details

Bedrooms
2
Type
Terraced
Area
790 sqft

Features

  • Garden
  • Parking

Description

This two-bedroom mid-terraced house on the northern outskirts of Lincoln has an entrance hall, living room, kitchen, two bedrooms, a bathroom and a separate WC. The listing states that it has uPVC double glazing and gas central heating, and that modernisation is required throughout, with further external work including clearing the rear garden. There is off-road parking at the front and a generous rear garden. The property is freehold, offered with no onward chain, and is close to local shops, supermarkets, schools and bus services, with Lincoln city centre accessible nearby. It offers scope for a buyer to update the accommodation and outdoor space to their requirements.

WHOTS analysis

Our WHOTS verdict

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

74out of 100
Grade BGood opportunity

Confidence: MEDIUM

At £120,000, this two-bedroom terrace is priced at around £152 per sq ft, well below the local average of £254 — a strong entry point for someone looking to acquire and improve. The rooms shown look generally intact, with the work centred on updating dated finishes, refreshing worn flooring and clearing the heavily overgrown rear garden; off-road parking and uPVC-style windows are useful existing features.

The kitchen’s open or incomplete-looking cabinet spaces are worth checking at a viewing, but overall this looks like a light-scale project with scope to make the home your own in a convenient northern Lincoln location.

Key opportunities

  • Acquire at a notably low asking price per square foot compared with the local average.
  • Refresh the dated decoration and worn bedroom flooring to give the shown rooms a more cohesive feel.
  • Clear and reshape the overgrown rear garden, with off-road parking already in place at the front.

Key risks

None recorded.

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Map

Location

Coleridge Gardens, Lincoln LN2
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Transport

Nearest stations

  • Lincoln Central Rail Station

    1.7 miles

    Train · Lincoln

  • Hykeham Rail Station

    5.0 miles

    Train · North Hykeham

  • Saxilby Rail Station

    6.2 miles

    Train · Saxilby

  • Metheringham Rail Station

    9.2 miles

    Train · Metheringham

Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.

Finance

Mortgage calculator

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

£
£
£
%
%
years

Current average 2-year fixed rate is 5.13%

Current average variable rate is 6.58%

Monthly Repayments
£490
Based on a loan of £90,000 over 30 years at 5.13% 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.

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