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Lincoln Road, Faldingworth, Market Rasen, LN8 3SF - Image 1
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Lincoln Road, Faldingworth, Market Rasen, LN8 3SF

East Midlands

£995,000
Listed on 30/12/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This impressive four-bedroom detached residence, set on a substantial and adaptable plot, presents a unique opportunity for investors and homeowners alike. Its generous layout boasts four reception areas, making it suitable for large family living or a combination of residential space with business operations. The ground floor features a spacious kitchen equipped with a central island, leading to the inviting rear garden through double doors. Additionally, you'll find a comfortable living room, dining area, conservatory, and an intriguing spa room that houses a hot tub and bar—ideal for relaxation or entertainment. On the upper level, the property accommodates two double bedrooms along with two singles and a family bathroom, while the expansive hallway and landing enhance the openness of the home. Outside, you’ll discover well-maintained gardens at both the front and back. The rear garden includes an entertainment area complete with pergola and astro turf access from multiple rooms. Notably, there is an additional garden area featuring a dog kennel and log cabin that could potentially be converted into an annexe or studio, subject to necessary permissions. The property's versatility continues with two large workshops previously used for business purposes; one comes equipped with essential facilities such as a spraying area and office space. Adjacent to this is a secure half-acre paddock that adds further utility for various uses. Additionally included in the sale is an adjoining commercial unit currently leased as a dog kennel manufacturing facility generating £36,000 annually in rental income until October 2026. This presents immediate financial returns for investors while also allowing options for vacant possession at lease expiry. The commercial premises has seen diverse uses including automotive services and manufacturing, revealing its adaptability. Potential exists to subdivide this unit to maximise rental income. While some modernisation may be required within the residential property itself, the combined potential of both elements makes this offering truly exceptional. A viewing will provide insightful appreciation of the extensive space available and its myriad possibilities.

Investment Analysis

(LN8 area)
Area Average
£222/sq ft
Avg Rent (weekly)
£222
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (LN8)

Area prices are falling by +13.8% over the last 12 months
3 year growth: -4.3%
5 year growth: 11.1%
Investment Disclaimer: Analysis based on LN8 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

Lincoln Road, Faldingworth, Market Rasen, LN8 3SF
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,645
Based on a loan of £746,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE