Affordable Houses in Lincoln Perfect For First-Time Buyers
According to an article published by Lincolnite, the average house price for first-time buyers in Lincoln is £170,000.
But as with any city, there are areas that are cheaper to buy than others, as well as up and coming affordable housing developments. In this guide, we’re showcasing some of the affordable houses in Lincoln that are perfect for first-time buyers.
If you’re currently living with your parents and want to move out, or you’re renting and are looking to buy, the good news is you don’t have to leave Lincoln to afford a home of your own.
New Build Developments in Lincoln
There are plenty of new-build developments currently selling properties, including Flavian Road and St Augustine Road.
The Flavian Road development is located in historic uphill Lincoln and offers 2, 3, 4 & 5 bedroom houses.
First-time buyer apartments in Lincoln
When it comes to buying apartments in Lincoln, Brayford Water is considered a prime location. With views over the water, plenty of restaurants, bars and entertainment venues, and a location that’s just a short walk from the city centre, it’s highly desirable.
For the most part, neatly presented two-bed apartments sell in the range of £105,000 – £165,000. Flaxley Close, Angelica Road, Howe Court, and Princess Street are other hotspots for first-time buyers in Lincoln. £105,000 can even get you a nice two-bedroom apartment on Brayford Water East.
If you have a bigger budget, there are some brand new contemporary apartments at One The Brayford, valued at over £200,000. This price range will also get you a new apartment at Greestone Mount or Museum Court.
Happy to move out of the city?
If you’re happy to move elsewhere in Lincolnshire, the most affordable parts of the county to buy are in the North East and North. According to the Lincolnite, you need an average household income of £23,000 and £31,000 respectively. The North includes the towns of Scunthorpe, Brigg, Haxey, Crowle, Epworth, Bottesford, Kirton in Lindsey and Barton-upon-Humber.
Need help moving?
We hope this article has helped highlight some of the best spots for first-time buyers. If you’re looking to move within Lincoln and need help moving your belongings, Reads Removal’s removal services are on hand to help. We’re experts in Lincoln removals with over 90 years in the business. Contact us to get your free, competitive quote today.